110 Athens St - Light Manufacturing FOR SALE


Tarpon Springs, FL 34689
$2,950,000 USD
727-403-5611
110 Athens St, Tarpon Springs, FL for Sale
$2,950,000 USD
Light Manufacturing - FOR SALE
1/14
null | 5.78% Cap Rate

NEW


110 Athens St
Tarpon Springs, FL 34689


HIGHLIGHTS

  • Great Opportunity for Buyer-User Looking for Investment Income

OVERVIEW

OWNER-USER / INCOME OPPORTUNITY! Comprised of Professional Office Space, Warehouses, Vacant Land and most importantly Income, ATHENS EXECUTIVE CENTER has it all! The Executive Center itself has 15,322 Sq. Ft. of leasable office area and 8,565 Sq. Ft. of multi-unit warehouse space. There are 20 separate executive office units (18 on level 1 and 2 on level 2) and 5 warehouses. The Executive Center has common areas for restrooms and kitchen space. There is dedicated parking in the front and rear of the structures, and the site also is accessible from U.S. Alternate 19 (Pinellas Avenue), which has a very high daily traffic count. This highly desirable property sits in the heart of Tarpon Springs’ Historic Greektown, and is an income producing giant! Suitable for a straight investment, but a GREAT OPPORTUNITY for an Owner-User with reliable investment income from the warehouses and possibly extra office space. The property includes 6 parcels of land (1.1 acres total), 2 of which are occupied by the Executive Center building and the warehouses. The other 4 parcels are vacant, which may provide an opportunity for additional development.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

5.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

UTILITIES

Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.19

LAND SF

51,836

ZONING

1B, GB, RM

APN/PARCEL ID

12-27-15-15264-000-0110,12-27-15-15264-000-0120,12-27-15-15264-000-0150,12-27-15-15264-000-0170,12-27-15-15264-000-0180,12-27-15-15264-000-0420

ASK ABOUT THIS PROPERTY

Mark GanierRE/MAX Realtec Group, Inc.More Info
727-403-5611

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Mark GanierRE/MAX Realtec Group, Inc.More Info
727-403-5611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.