Retail•Free Standing•For Sale

Gulfport Storefronts

5104 Gulfport Boulevard South, Gulfport, Florida 33707

Sale Price $400,000
Sale Type Owner User
Bldg Type Multi-Tenant
Class C
Status Existing
Year Built 1950
Stories 1
Gross Bldg 2,456 SqFt
Total Avail 2,071 SqFt
Bridgewater Commercial presents two commercial buildings on a busy corner parcel on 22nd Avenue S. (Gulfport Blvd.) just west of 49th Street. The first building is a 1,200 SF retail or office building with great signage and was the longtime home of The Golf Shop before it moved two doors down in January 2020. The second building is 871 SF (1,256 total area) and that tenant is month to month. Current general retail rents in the South Pinellas submarket are $19 PSF with annual 3.5% rent growth. This is ideal for an owner-investor opportunity. The buyer could obtain owner-occupied financing at low rates and occupy one building and lease the other. Lots of nearby retailers, including McDonald's and a grocer-anchored shopping center across the street. Average daily traffic is 16,696 vehicles. Adjacent multi-family parcels also are available for purchase and could potentially create an attractive redevelopment opportunity.
  • Building 1.) 871 SF
  • Building 2.) 1,200 SF
  • Traffic Count: 16,696
2/18/2020 12:00:00 AM 2/18/2020 8:04:08 PM
Kris Dumke
Broker
Bridgewater Commercial Real Estate
SEND ME A MESSAGE

SEND A MESSAGE

0/100
dummy toaster to trick _toastr script loaded by scripts.js Show Default