Commercial Sale Property - Business in Palmetto
SOLD for $1,350,000 on May 31, 2023
Listing Price: $1,595,000Sold Price: $1,350,000Sold Price/List Price: 85%
Sold Price/Original List Price: 79.41%
Description of Property
THIS PROPERTY HAS AN OPERATING GUN SHOP AND FIRING RANGE BUSINESS ESTABLISHED IN 2009 ALL EQUIPMENT OWNED BY BUSINESS OWNER, LEASED $3500 PER MONTH.BUSINESS OWNER WOULD ENTERTAIN A LONG TERM LEASE ALSO ON THE PROPERTY A RECREATIONAL VEHICLE SERVICES ACADEMY, TRAINING RV TECHNICHIANS, ALL EQUIPMENT OWNED BY OPERATOR OF THE ACADEMY. LEASED $3000 PER MONTH BOTH OF THE ABOVE LEASES ARE NET LEASESS ALSO ON THE PROPERTY A LARGE FITNESS CENTER COMPLETE WITH ALL EQUIPMENT WHICH IS INCLUDE IN SALE. WHEN LEASED IT WAS $3000 PER MONTH. 390 SQ FT BLOCK BUILT GARAGE HALF OF WHICH IS LEASED AT $150 PER MONTH LARGE BILLBOARD SIGN AT NORTH EAST CORNER OF PROPERTY IS LEASED AT $6000 PER YEAR PROPERTY OWNER DOES NOT OWN SIGN PROPERTY RECENTLY APPRAISED AT $1.7 MILLION. APPRAISAL WILL BE MADE AVAILABLE TO PERSON OR PERSONS WITH AN ACCEPTED OFFER ***THIS IS PRIME PROPERTY IN THE 301 CORRIDOR JUST 3/4 OF A MILE SOUTH OF STATE RTE 41 /S.TAMIAMI TRAIL PALMETTO IN THE LAST 25 YEARS THIS PROPRTY HAS INCREASED IN VALUE BY OVER 800% WHAT WILL THE NEXT 25 YEARS BRING.??? THIS COULD BE YOUR SECURE RETIREMENT
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Business
City: Palmetto
County: Manatee
Sq. Ft. Gross: 12,959
Sq. Ft. Living Area: 12,567
Cost per (heated) sqare foot: $127
Year built: 1977
Annual Tax: $8,929
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Block, Metal Siding
Foundation: Slab
Parking Features: 19 to 30 Spaces
Floors in Unit:
Cooling: Central Air
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Lot Information
Lot Size (acres): 1.38
Lot Size (sq. ft.): 60,000 square feet
Lot Dimensions: 105X400
Road Frontage: Highway
Legal Description & Other Information
Parcel Number: 2577600006
Zoning: CG
Tax Legal Desc.: BEG AT A PT WHERE THE N R/W/L OF U S 301 INTERSEC WITH E LN OF SW1/4 OF NE1/4 OF SEC 13, SD PT BEING 143.95 FT N OF SE COR OF SW1/4 OF NE1/4 OF SD SEC 13, TH WLY ALG N R/W/L OF SD HWY 301 A DIST OF 363.35 FT TO PO B, TH N PARALLEL TO W LN OF SE1/4 OF SW1/4 OF NE1/4 A DIST OF 404.1 FT, TH WLY 150 FT ALG A LN MAKING A R/A WITH LAST DESC LN, TH S 399.1 FT TO A PT ON N
Listing courtesy of FRANK HILL REALTY OF FLORIDA AND MICHIGAN. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.