GREAT OPPORTUNITY FOR OWNER-OCCUPIED OR INVESTOR TO ACQUIRE MULTI-UNIT FREE STANDING EXECUTIVE, WATERFRONT OFFICE BUILDING. Contains five waterfront office suites, each under 2,000 s.f. with separate utilities, street addresses and drive-up private entries. One can be available upon closing for new owner occupancy and the other four are leased, providing immediate income. Staggered personal guaranteed leases with exceptional returns and annual escalators. The Magnolia Center is a unique 4 building (all lakefront) park-like executive office center. The buildings feature timeless Southern architecture including premium designer shingles, hand-cast concrete Corinthian columns, herringbone brick walkways and abundant parking. Location. Location. Location. This desirable location has 400 feet frontage on busy US-41, North Florida Avenue in North Tampa. Conveniently located within minutes to I-275, Carrollwood, University of South Florida, Moffit Cancer Center, New Tampa, and the explosive growth of Pasco County (Lutz, Land O'Lakes, Wesley Chapel). This incredible location is all within walking distance to Avila, Publix and a new Starbucks! NO SIGN, PLEASE DO NOT CONTACT TENANTS.
| MLS # | TB8477523 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | For-sale |
| Status | Active |
| Year | 2014 |
| Days On Site | 190 |
| Listing Provided By | MARK A. PETCHE ATTORNEY AT LAW | Mark Petche |
| SQ Feet | 8,200 |
|---|---|
| Zoning | PD |
| Acreage | 0.22 |
| Water Front | Yes |
| Property | 26633 |
|---|
| State | FL |
|---|---|
| County | Hillsborough |
| City | LUTZ |
| Zip Code | 33549 |
| Area | 33549 Lutz |
| Community Name | UNPLATTED |
| Listing VS Median (in UNPLATTED) | |
Price: $2,455,000 low | high Med: $499,000 sqft: 8,200 low | high Med: 1,862 $ / sqft: $299 low | high Med: $278 On site: 190 low | high Med: 82.5 | |
| State | FL |
|---|---|
| County | Hillsborough |
| City | LUTZ |
| Zip Code | 33549 |
| Area | 33549 Lutz |
| Community Name | UNPLATTED |
| Listing VS Median (in UNPLATTED) | |
Price: $2,455,000 low | high Med: $499,000 sqft: 8,200 low | high Med: 1,862 $ / sqft: $299 low | high Med: $278 On site: 190 low | high Med: 82.5 | |