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177 Dr Martin Luther King Jr Street N
St Petersburg, FL 33701

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Price: $165,000
Address: 177 Dr Martin Luther King Jr Street N
City: St Petersburg
Zip code: 33701
County: pinellas county
Square Ft: 540
Number Of Restrooms: 1
Total Num Bldg: 1
Exterior Construction: Block,Stucco
Pool: None
Lot Size: 0.09
Property Type: Commercial / Retail
Construction: Block,Stucco
Heating: Heat Pump
WaterFront: None
Community Features:
Year Built: 1925
Remarks: REAL ESTATE has changed because of the CORONA VIRUS and so has the market! Big expensive buildings that must charge big expensive rents are no longer the norm. This condo unit is affordable which offers opportunity for affordable rents. Unit 177 was a “Key West” style dessert cafe. The cafe buildout is complete turnkey and ready to open immediately. The new restaurant Trent is smaller “To Go” style with outside seating. This unit offers it all at an affordable price. Opportunity to purchase additional unit to combine spaces is available. Unit 177 and Unit 189 are next to each other. (See additional listing 189 MLK) . Investors dream come true possible 12%-15%+ Cap Rate.
Courtesy of: p. colby & company inc.

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Information on this website is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site is sourced from My Florida Regional MLS DBA Stellar MLS. Real estate listings held by brokerage firms other than Lipply Real Estate are marked with the Broker Reciprocity logo. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal.

*Data Updated 09 23 2020

MLS Office ID: 260030671
Lipply Real Estate Company
3302 Alternate 19 North, Suite A
Palm Harbor, FL 34683
Phone: 727-314-1000
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