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  4. 1326 Dr Martin Luther King Jr Street S, ST PETERSBURG, FL 33701
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1326 Dr Martin Luther King Jr Street S
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PRICED AT ONLY: $499,000

Address: 1326 Dr Martin Luther King Jr Street S, ST PETERSBURG, FL 33701

Description

Mixed Use Building with Established Retail Business (Hair and Beauty Supply) & Extra Lot!! Excellent Business opportunity! This mixed use property offers 3,335 sq. ft. under roof plus an oversized adjacent lot that can be used for parking, storage, or additional rental income. The first floor features an open floor plan, office, storage room, and bathroomideal for retail, office, or service use. Upstairs includes 2 bedrooms, 1 full bath, living area, and wraparound terrace with private exterior access, perfect as an owners residence or rental unit. Currently operating as a successful hair and beauty supply business with over 4 years of proven income and strong repeat clientele. Average daily foot traffic ranges from 60200+ customers. Highly visible location with excellent exposure and year round traffic. Business generates a strong CAP rate of 35%+. Buyer has the option to purchase with full inventory or repurpose the space for a different business. Prime location & multiple income streams = strong cash flow and long term value. CALL FOR MORE INFO!

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  • MLS#: TB8424048 ( Business Opportunity )
  • Street Address: 1326 Dr Martin Luther King Jr Street S
  • Viewed: 19
  • Price: $499,000
  • Price sqft: $150
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 3335
  • Days On Market: 59
  • Additional Information
  • Geolocation: 27.7572 / -82.6463
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33701
  • Provided by: ALIGN RIGHT REALTY LLC
  • Contact: Khairi Salah
  • 727-264-6800
  • mfrmls
  • DMCA Notice

Description

Mixed Use Building with Established Retail Business (Hair and Beauty Supply) & Extra Lot!! Excellent Business opportunity! This mixed use property offers 3,335 sq. ft. under roof plus an oversized adjacent lot that can be used for parking, storage, or additional rental income. The first floor features an open floor plan, office, storage room, and bathroomideal for retail, office, or service use. Upstairs includes 2 bedrooms, 1 full bath, living area, and wraparound terrace with private exterior access, perfect as an owners residence or rental unit. Currently operating as a successful hair and beauty supply business with over 4 years of proven income and strong repeat clientele. Average daily foot traffic ranges from 60200+ customers. Highly visible location with excellent exposure and year round traffic. Business generates a strong CAP rate of 35%+. Buyer has the option to purchase with full inventory or repurpose the space for a different business. Prime location & multiple income streams = strong cash flow and long term value. CALL FOR MORE INFO!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2567.00
  • Other Structures: Garage(s), Other, Storage, Workshop
  • Roof: Other
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Cleared, Corner Lot, Landscaped, Near Public Transit, Oversized Lot, Shopping Center, Sidewalk
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 6 to 12
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: City Street, Main Throrughfare, Turn Lanes, Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: BUENA VISTA LOT 2 LESS ST
  • Area Major: 33701 - St Pete
  • Parcel Number: 30-31-17-12708-000-0020
  • Views: 19
  • Year Established: 2021

Contact Info

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Wade M. Berlin

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