301 E Lemon St, Tarpon Springs

$1,199,999

Active

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0 Beds
0 Baths
6,238 Sqft
.31 Acres
0 Garages

{Two Buildings Plus Land} Welcome to cobblestone streets where the locals abide in Downtown Tarpon Springs. Surrounded by everything! These two multi-tenant buildings have been recently independently wired to be divided up into as many as 7 individual units labeled (A, B, C, D, E, F, G). It's located in prime Downtown Tarpon Springs and could be anything as it is Zoned C2. The buildings have been updated and improved in many places over the years to include handicap accessible bathrooms, new air conditioners in offices and storage spaces, new electrical panels, reinforced roofing and insulation, 6 ft fencing and new sidewalks, overhead doors and storage closets and shelving. This would make for a great headquarters for any business as it is so versatile for many business needs. Currently the it's Owner Occupied plus there are Multiple long term Tenants AND the owner would be willing to do a leaseback for the 1 bedroom residence located on the property at $1,500 a month OR if you wanted, the tenants leases could be bought out and you could redesign or build from scratch on the land (1/3 acre). There are also two individual garage spaces for lease currently of 700 square roughly that will go for $1,250 monthly. Tenants also pay additional monies for CAM - inquire with Broker for details and add-ons. This building and land/lot has many options to inquire about and Listing Broker forsees potential of $90,000.00 annual income if property leased at maximum capacity for its current structure/setup.

Essential Information
MLS® # W7812335
Price $1,199,999
Bathrooms 0.00
Square Footage 6,238
Acres 0.31
Year Built 1973
Type Commercial
Sub-Type Retail
Status Active
Show More Information
Property History
Price Reduced from $1,300,000 to $1,199,999
Price Reduced from $1,420,000 to $1,300,000

Neighborhood Information for 301 E Lemon St

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

Weather

  • Highs

    • January 71.60℉
    • July 91.30℉
  • Lows

    • January 50.20℉
    • July 73.60℉
  • rain icon

    Precipitation

    • 52.42"
   
Great Schools School Name Distance  

Tarpon Springs Fundamental Elementary School

Public - Kindergarten to 5th Grade - Closest Elementry School
0.4 Miles

Tarpon Springs Elementary School

Public - Preschool to 5th Grade
0.5 Miles

Sunset Hills Elementary School

Public - Preschool to 5th Grade
1.3 Miles

Tarpon Springs High School

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

Tarpon Springs Middle School

Public - 6th Grade to 8th Grade - Closest Middle School
1.8 Miles

Gulfside Elementary School

Public - Kindergarten to 5th Grade
2.4 Miles

Paul R. Smith Middle School

Public - 6th Grade to 8th Grade
2.5 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 February 17th, 2020 at 4:45am EST.