5787-5793 54th Avenue N., Kenneth City

$719,900

Active

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0 Beds
0 Baths
3,612 Sqft
.43 Acres
0 Garages

Reduced nearly $50K! This property is an investor’s dream! This is a great opportunity to own a strip mall in St. Pete! Specifically includes 5787, 5789, 5791, 5793 54th Ave N and the neighboring lot, 5765 54th Ave N. The owner is turning 80 and looking to retire! His retirement is your gain as this strip mall is netting over 50k per year! Cap rate is about 7.5%. (See rent roll attached!) There are currently 3 tenants occupying 5 spaces, one of which is an empty lot. All of it is being sold together (2 parcels included in sale). All tenants have been there long-term and are on multi-year leases. Don’t miss out on this great opportunity!

Essential Information
MLS® # U8068027
Price $719,900
Bathrooms 0.00
Square Footage 3,612
Acres 0.43
Year Built 1952
Type Commercial
Sub-Type Retail
Status Active
Show More Information
Property History
Price Reduced from $767,900 to $719,900

Neighborhood Information for 5787-5793 54th Avenue N.

Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa

Weather

  • Highs

    • January 69.30℉
    • July 90.20℉
  • Lows

    • January 54.00℉
    • July 76.60℉
  • rain icon

    Precipitation

    • 49.58"
   
Great Schools School Name Distance  

Dixie M. Hollins High School

Public - 9th Grade to 12th Grade - Closest High School
0.7 Miles

Dixie Hollins Adult Education Center

Public - to
0.7 Miles

Acres Of Fun Child Care, Inc

Private - to
0.8 Miles

Blanton Elementary School

Public - Preschool to 5th Grade - Closest Elementry School
0.8 Miles

Nina Harris Ese Center

Public - Preschool to 12th Grade
1 Miles

Westgate Elementary School

Public - Kindergarten to 5th Grade
1.2 Miles

King Queen Christian School For All Students

Private - Kindergarten to 12th Grade - Closest Middle School
1.2 Miles

School data provided by GreatSchools

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on July 16th, 2020 at 9:00am EDT.