118-146 107th Avenue, Treasure Island, FL 33706

$6,900,000

Property Description

NEVER BEFORE OFFERED TREASURE ISLAND STRIP PLAZA!! Vintage mid 1950’s construction and in the same family ownership since inception. Property situated in the absolute “hub of tourist activity” lining the North side of Treasure Island Causeway (107th Ave.) ...starting with Liberte' (aka as Vacatia) and continues to Johnny's Bait and Tackle...just a block from the Gulf of Mexico!! Property is currently a fully functioning strip plaza with 11 (mostly long term) tenants and with no vacancies. Extensive roof repair/replacement recently completed. As the highest and best use of the property may be re-development it is not being marketed based upon current or past income and expense history nor capitalization rates.…Description: NORTH PLAZA…118 – 146 107th Ave., .. 14 contiguous store fronts currently with building area approx. 15,000 sq,. ft., plus deeded parking area all totaling 46,600 sq. ft. mol . .. Zoned Mixed Use Core (PR-MU core) permitting a multitude of potential re-development opportunities. Drive-by only. Please do not approach tenants directly under any circumstances.

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Listing courtesy of CENTURY 21 JIM WHITE & ASSOC.