1330 10Th St, Palmetto, FL 34221
17,336 SF | 100% Leased | Retail Building | Palmetto, FL 34221 | $3,450,000 ($199/SF) | 8.91% Cap Rate
Asking Price $3,450,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 17,336 SF
- Price / Square Foot
- $199
Listing Contacts
Sandy Ewing Jr
Property Overview
Proforma for 2023, based on previous year's growth (on target).
Ordinary Business income 2022 over 2021 = 127,480.00 increase.
Prime location in Palmetto
LAND ALONE APPRAISED FOR $2.5 MILLION IN 2022.
Sales volume for concert/ event hall was approximately $1.1million in 2022. 2023 projected higher.
Separate Restaurant, 5,000sqft with 170 seats included. (LEASED OUT).
Restaurant liquor license for restaurant and night club included in sale
2.6180 acres
Lucrative business
"PURCHASE INCLUDES" - NIGHT CLUB - BUILDING - LAND & LIQUOR LICENSE
Ordinary Business income 2022 over 2021 = 127,480.00 increase.
Prime location in Palmetto
LAND ALONE APPRAISED FOR $2.5 MILLION IN 2022.
Sales volume for concert/ event hall was approximately $1.1million in 2022. 2023 projected higher.
Separate Restaurant, 5,000sqft with 170 seats included. (LEASED OUT).
Restaurant liquor license for restaurant and night club included in sale
2.6180 acres
Lucrative business
"PURCHASE INCLUDES" - NIGHT CLUB - BUILDING - LAND & LIQUOR LICENSE
Property Details
- Class
- B
- Year Built
- 1981
- Stories
- 1
- Lot Size (sq. ft)
- 113,256 SF
Highlights
- 2.6180 acres
- 17,336 under roof.
- 170 seat Restaurant
- 980 person capacity night club
- Includes Restaurant Liquor license
- Profitable BAR/Night Club
Nearby Properties
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