Retail Property for Sale in Palm Harbor Florida 34683

Property Description

CONFIDENTIAL LISTING - DO NOT VISIT THE PROPERTY OR MAKE CONTACT WITH ANY EMPLOYEES. ANY CONTACT MAY DISQUALIFY YOU FROM PURCHASE. CONTACT AGENT JUSTIN WORTHINGTON 727-709-6216 TO SCHEDULE ANY SHOWINGS OR FOR ADDITIONAL INFORMATION.

SELLER FINANCING AVAILABLE!

This expansive commercial property in Palm Harbor offers 6,300 square feet of versatile space. Currently home to First Impressions Fine Art and Framing, the building includes a rear parcel on Desoto Blvd with paved access. Each parcel is 15,000 square feet, totaling 0.69 acres. An additional adjacent 0.34-acre lot on Alt 19 is also available for $299,000, bringing the total to 1.03 acres. The building can accommodate a single occupant or be divided into three separate units, each with its own entrance, air conditioner, rear bay door, warehouse area, and two offices. The property features three bay doors and an employee kitchen updated 4 months ago. One unit includes a kitchen and bathrooms, while the other two have two bathrooms each, totaling 5 bathrooms. The catwalk area boasts 20-foot ceilings. Recent upgrades include interior repainting (2022), new carpeting, new hinges and doorknobs, all LED signage, an alarm system, and first-floor concrete block construction.

Located near Alt 19 and downtown Palm Harbor, the property offers easy access to major highways and the thriving Tampa Bay area. First Impressions Fine Art and Framing, established in 1989, can be purchased with the building for an additional $300,000. The business generates a $152,697.45 NOI, equating to more than a 50% annual return, all while this business is currently closed on evenings and weekends! (Profits and Loss available upon signing CA which is attached) This price includes, furniture, shelving, equipment, and extensive inventory with a retail value of approximately $684,420 alone! This investment opportunity cannot be replicated! The business serves prominent clients like Innisbrook, Arthur Rutenberg Homes, and Sonovus Bank. Their inventory of original works, prints, and posters is one of the largest in the Tampa Bay area. This unique property located across from Innisbrook, with its additional parcel, and another available adjacent parcel is an opportunity you will not find anywhere else.

Location Description

CONFIDENTIAL LISTING - DO NOT VISIT THE PROPERTY OR MAKE CONTACT WITH ANY EMPLOYEES. ANY CONTACT MAY DISQUALIFY YOU FROM PURCHASE. CONTACT AGENT JUSTIN WORTHINGTON 727-709-6216 TO SCHEDULE ANY SHOWINGS OR FOR ADDITIONAL INFORMATION.

Palm Harbor is a charming and vibrant community located on Florida’s Gulf Coast. Just 20 minutes north of Clearwater and 45 minutes west of Tampa, it offers a perfect blend of small-town charm and modern amenities. The area is known for its friendly atmosphere, beautiful surroundings, and a variety of recreational opportunities.

One of the highlights of Palm Harbor is its proximity to some of Florida’s most popular beaches, making it an ideal location for those who love the sun and sea. The community is also home to world-class golf courses, including the renowned Innisbrook Resort and Golf Club, which hosts the PGA’s Valspar Championship.

For outdoor enthusiasts, Palm Harbor offers miles of hiking and biking trails, as well as scenic parks like Philippe Park and Wall Springs Park. The historic downtown district features a variety of small shops, eateries, and historic buildings, adding to its unique charm. The area also hosts numerous festivals and craft fairs, including the popular “Palm Harbor’s First Friday Celebrations” and the “Taste of Palm Harbor” festival.

Recreating this building and property on Alt 19 with the current parcel and zoning regulations in this area would be nearly impossible, adding to the uniqueness and value of the existing structures. Its strategic location near major highways provides easy access to the thriving Tampa Bay area, making it a convenient and attractive place for businesses. All these highlights bring a steady stream of visitors and residents to the area, which is great for business, ensuring a consistent flow of potential customers and clients.