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10625-10641 1st St E 10,000 SF Vacant Retail Building Treasure Island, FL 33706 $4,187,760 CAD ($418.78 CAD/SF)



INVESTMENT HIGHLIGHTS
- Entrepreneur-type office units situated on the second floor generating $4,476.00 monthly.
- remaining first floor 4,600 sq. ft. is currently vacant and strategically laid out for a professional medical facility.
- Brand new roof installed 1/10/25 with transferrable warranty.
- Ground floor dog grooming operation (Woof Gang Grooming) on a 5 year lease producing $1,567.00 monthly.
- West side also includes brand new hurricane resistant doors and windows.
- New HVAC scheduled to be installed on second floor.
EXECUTIVE SUMMARY
Please Contact Skip Cole , 727-458-4955 for questions concerning this property...CHANGE OF PLANS brings a highly unusual and unique 10,000+ sq. ft, Treasure Island property back to the market. Consisting of 8 various sized, fully leased, entrepreneur-type office units situated on the second floor generating $4,476.00 monthly with a vacant ground floor consisting of approx.. 900 sq. ft of finished space (currently for rent) on north end and with the remaining 4,100 sq. ft. of first floor strategically laid out for a professional medical facility (ie: doctor, dentist, veterinary) type operation but the C-2 zoning allows for a plethora of additional operations including but not limited to retail, office (ie: insurance or real estate) and restaurants. The metal studs are in place defining a possible layout which can be altered. Lines for both sewer and water (new from the street in) are installed with cast iron removed and replaced. Various electric upgraded and the very durable “DensGlass” sheathing (siding) installed on entire west side of building plus brand new hurricane resistant doors and windows. There is a total of 29 parking spaces with front and rear alley access on a lot measuring 99’ x 134’. Brand new roof installed 1/10/25 with transferrable warranty. New HVAC scheduled to be installed on second floor. Seller will consider leasing the raw space at terms and conditions to be negotiated. Drive-by only please.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
C
Year Built
1959
Price
$4,187,760 CAD
Price Per SF
$418.78 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.74
Lot Size
0.31 AC
Zoning
C2, Treasure Island - 1121 {Strip Store - {2 or more stores} Retail with Apts
Parking
29 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
134’ on 1st St
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 23-31-15-91818-011-0010 | Improvements Assessment | $1,292,778 CAD |
| Land Assessment | $1,931,357 CAD | Total Assessment | $3,224,135 CAD |
PROPERTY TAXES
Parcel Number
23-31-15-91818-011-0010
Land Assessment
$1,931,357 CAD
Improvements Assessment
$1,292,778 CAD
Total Assessment
$3,224,135 CAD
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10625-10641 1st St E
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