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Wade M. Berlin

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10625 1st Street E
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PRICED AT ONLY: $3,600,000

Address: 10625 1st Street E, TREASURE ISLAND, FL 33706

Description

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 are 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.
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  • MLS#: TB8339375 ( Commercial Sale )
  • Street Address: 10625 1st Street E
  • Viewed: 141
  • Price: $3,600,000
  • Price sqft: $360
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 10000
  • Days On Market: 184
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, Terrazzo
  • Living Area: 10000.00
  • Roof: Shingle
Property Information
  • Property Condition: Under Renovation
Land Information
  • Lot Features: Central Business District, Corner Lot, Flood Insurance Required, FloodZone, City Limits, Infrastructure In, Street Lights, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Electric: Service - 110 Volts
  • Heating: Central, Ductless
  • Road Frontage Type: Alley, City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: TREASURE ISLAND, CITY OF BLK 11, LOT 1 LESS NW'LY 85FT
  • Levels: Two
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Parcel Number: 23-31-15-91818-011-0010
  • Possession: Close Of Escrow
  • Views: 141
  • Zoning Code: COMM
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin