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Reduced nearly $50K! This property is an investor's dream! This is a great opportunity to own a strip mall in St. Pete! Specifically includes 5787,5789,5791,5793 54th Ave N and the neighboring lot,5765 54th Ave N. The owner is turning 80 and looking to retire! His retirement is your gain as this strip mall is netting about 50k per year! Cap rate is about 7.25%. (See rent roll attached!) There are currently 3 tenants occupying 5 spaces,one of which is an empty lot. All of it is being sold together (2 parcels included in sale). All tenants have been there long-term and are on multi-year leases. Don't miss out on this great opportunity!

Property Details of 5787-5793 54th Avenue N.

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Listed by Zachary Rummell of APEX BROKERAGE INC

Kenneth City, FL Demographics

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Kenneth City, FL Schools

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Based on information submitted to MFRMLS as of September 28, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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