Active

$4,600,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 14875 sq ft
Overview
  • ID: MFRTB8455476
  • Bedrooms:
  • Bathrooms: 0
  • Size: 14875 sq ft
Property Details
Remarks
One or more photo(s) has been virtually staged. One or more photo(s) has been virtually staged. Florida Commercial Group presents 3605- 3615 E. 7th Avenue. This property consists of a 4-building portfolio of 5 available spaces. Ready for occupancy is an oversized warehouse and 2 office buildings, one of which features an adjoined warehouse space. The entire property has been completely renovated from top to bottom and spans 1.19 acres offering 255’ of direct frontage and signage on east 7th Avenue. A rare investment potential or owner/ user opportunity, this property offers many occupancy options: a new owner may occupy both offices and warehouses, or all of the buildings may be leased out individually or as a collective, or the owner may occupy part of the property and lease out the remaining buildings. The choice is yours. There is plenty of onsite parking and the entire property is fenced. The IG zoning of this property provides excellent flexibility for distribution, manufacturing, mixed use, a workshop and or storage. Included in the purchase of this unique industrial package is Building A: 3,432 SF and currently tenant occupied by a long-standing Bakery tenant. This tenant signed their NNN lease in 2017 for 15 years with 3% yearly increases. Building B offers a move-in ready, oversized, 6k SF newly renovated, high- end office with all the bells and whistles. There is plenty of natural lighting throughout and lots of office suites for staff or private workspaces. This building features top quality, full renovations to the kitchen and offices. There is also a gym onsite along with updated restrooms and private showers. Affixed to this office at the rear of building B is a 1K SF warehouse that may be used in conjunction with the 6k SF office. Located at the back of the property and adjoining building B is a 4K SF warehouse considered building C. This building boasts +33’ ceiling heights and 2 grade level roll up doors. A wide-open layout and is also move-in ready. Directly across from building C is building D, a fully renovated 2K SF office building that is move-in ready and boasts 3-4 offices, a kitchen/ breakroom and plenty of onsite parking. The current owner can vacate at the close of purchase allowing an investor to select a new tenant at market rate and terms or to allow for an owner/ user to grow their assets and operate their own facility. Florida Commercial Group can stay on as property manager for the new owner. Both office buildings are fully furnished. Call today for a showing and additional details.
Financial Considerations
Price:
$4,600,000
HOA Fee:
N/A
Tax Amount:
$40725.17
Price per SqFt:
$280.49
Tax Legal Description:
EAST BAY ADDITION THAT PT OF BLOCK 20 OF REVISED MAP OF EAST BAY ADDITION AND THAT PT OF 37TH STREET (NOW CLOSED) LYING S OF 7TH AVE AND N OF 6TH AVE LESS THE CSX - TRANSPORTATION (F/K/A SEABOARD SYSTEM RAILROAD) R/W ALL BEING MORE PARTICULARLY DESC AS FOLLOWS COMM AT NE COR OF LOT 1 BLOCK 20 RUN THN S 89 DEG 10 MIN 09 SEC W ALG N BDRY OF SD BLOCK 20 AND S R/W LINE OF 7TH AVE DIST OF 28.92 FT FOR POB FROM SD POB CONT S 89 DEG 10 MIN 09 SEC W ALG N BDRY OF SD BLOCK 20 AND S R/W OF 7TH AVE A DIST OF 264.93 FT TO SELY R/W LINE OF CSX (F/K/A SEABOARD SYSTEM R/R) RUN THN S 51 DEG 17 MIN 10 SEC W ALG SD SELY R/W LINE A DIST OF 37.85 FT TO PT ON W BDRY OF SD BLK 20 AND E R/W LINE OF 36TH ST RUN THN S 0 DEG 40 MIN 37 SEC E ALG W BDRY OF SD BLK 20
Exterior Features
Lot Size:
51707
Lot Features:
Corner Lot, City Limits, Near Public Transit, Near Railroad Siding, Special Taxing District, Street Lights, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 19 to 30
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Office Only
Appliances:
Dishwasher, Microwave, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
1959
Construction Type:
Block, Metal Frame, Metal Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    3605, 3609, 3615 E 7TH AVE
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