Price Reduction
Address
2465 5TH AVENUE N St Petersburg, FL
Price
$ 485,000
Property Attributes
  • MLS#L4922148
  • TypeCommercial
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • NeighborhoodChevy Chase
  • Zip33713
  • StyleRetail
  • Year Built1950
  • Taxes$ 3904
  • Price$ 485,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2349
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
XCELLENCE REALTY, INC
Data Source:
Stellar MLS
Property Description

For Investors - This listing is for the coin laundry building only, not the operating business or equipment. There is an active tenant paying $2440 Plus Expenses (Tax and Insurance). Current NOI (Annual) $29,713,  6 CAP, with 3% annual escalations. Net lease, tenant pays tax, insurance, etc and maintenance. Owner covers roof/walls. Roof put on in 2010. Tenant has 2.1 years remain on current option, 1 additional 5 year option. Laundries are hard to replicate due to the huge impact fees, therefore tenants stick around a long time. Zoning CRT-1  Corridor Residential Traditional https://www.stpete.org/planning_zoning/land_development.php. Please drive by, and be very discreet as this is an operating business with customers.

Price History
5/6/2021 Listed $490,000
7/12/2021 2% - $485,000

General Features

Construction Materials Block
Cooling Central Air
Electric 220 Volts
Heating Natural Gas
MLS Area 33713 - St Pete
Property SubType Retail
Property Type Commercial Sale
Roof Built-Up
Special Listing Conditions None
Status Active
Subdivision Name CHEVY CHASE
Terms Private Financing Available
Total Num Buildings 1
Township 31
Year Built 1950

Interior Features

Ceiling Type Acoustical
Living Area 2349.00

Exterior Features

Building Area Total 2544.00
Foundation Details Slab
Lot Dimensions 87x107
Lot Features Corner Lot
Lot Size Acres 0.17
Lot Size Square Feet 7222
Parking Features 6 to 12 Spaces
Road Frontage Type Business District, Main Throrughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33713

Price
AVG $740K
$490K
Taxes
AVG $5,744
$3,904
Visits
AVG 216
72
Year Built
AVG 1943
1950

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.