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6,300SF Retail/Office/Indust/Showrm Biz Avail 3625 Alt 19

6,363 SF Retail Building Palm Harbor, FL 34683 £1,322,341 (£208/SF)

Investment Highlights

  • CONFIDENTIAL LISTING - DO NOT VISIT THE PROPERTY OR MAKE CONTACT WITH ANY EMPLOYEES. ANY CONTACT MAY DISQUALIFY YOU FROM PURCHASE.
  • 6,300 square feet of versatile space. Includes a rear parcel on Desoto Blvd with paved access. Total of .69 Acres
  • Each unit has its own entrance, air conditioner, rear bay door, warehouse area, and two offices (three bay doors total)
  • SELLER FINANCING AVAILABLE!
  • Can be used by a single occupant or divided into three separate units
  • Business option includes extensive inventory with a retail value of approximately $684,420!

Executive Summary

CONFIDENTIAL LISTING - DO NOT VISIT THE PROPERTY OR MAKE CONTACT WITH ANY EMPLOYEES. ANY CONTACT MAY DISQUALIFY YOU FROM PURCHASE. CONTACT AGENT JUSTIN WORTHINGTON 727-709-6216 TO SCHEDULE ANY SHOWINGS OR FOR ADDITIONAL INFORMATION.
SELLER FINANCING AVAILABLE!
This expansive commercial property in Palm Harbor offers 6,300 square feet of versatile space. Currently home to First Impressions Fine Art and Framing, the building includes a rear parcel on Desoto Blvd with paved access. Each parcel is 15,000 square feet, totaling 0.69 acres. An additional adjacent 0.34-acre lot on Alt 19 is also available for $299,000, bringing the total to 1.03 acres. The building can accommodate a single occupant or be divided into three separate units, each with its own entrance, air conditioner, rear bay door, warehouse area, and two offices. The property features three bay doors and an employee kitchen updated 4 months ago. One unit includes a kitchen and bathrooms, while the other two have two bathrooms each, totaling 5 bathrooms. The catwalk area boasts 20-foot ceilings. Recent upgrades include interior repainting (2022), new carpeting, new hinges and doorknobs, all LED signage, an alarm system, and first-floor concrete block construction.
Located near Alt 19 and downtown Palm Harbor, the property offers easy access to major highways and the thriving Tampa Bay area. First Impressions Fine Art and Framing, established in 1989, can be purchased with the building for an additional $300,000. The business generates a $152,697.45 NOI, equating to more than a 50% annual return, all while this business is currently closed on evenings and weekends! (Profits and Loss available upon signing CA which is on attached marketing link)This price includes, furniture, shelving, equipment, and extensive inventory with a retail value of approximately $684,420 alone! This investment opportunity cannot be replicated! The business serves prominent clients like Innisbrook, Arthur Rutenberg Homes, and Sonovus Bank. Their inventory of original works, prints, and posters is one of the largest in the Tampa Bay area. This unique property located across from Innisbrook, with its additional parcel, and another available adjacent parcel is an opportunity you will not find anywhere else.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,363 SF
Building Class
C
Year Built/Renovated
1989/2024
Price
£1,322,341
Price Per SF
£208
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Land Acres
0.69 AC
Zoning
E-2 - Warehousing/storage, office, recreation, retail, health/fitness, wholesale distribution, auto repair.
Parking
10 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
107 ft on Alt 19

Amenities

  • 24 Hour Access
  • Mezzanine
  • Signage
  • Accent Lighting
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Balcony
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 26-27-15-94590-006-0020
  • 26-27-15-94590-006-0110
Land Assessment
£253,337 (2023)
Improvements Assessment
£235,890 (2023)
Total Assessment
£489,227 (2023)
  • Listing ID: 33146312

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 3625 Alt 19, Palm Harbor, FL 34683

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