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Crusader Office Building Palmetto

  SOLD November 2020 for $1,495,000

323 10th Avenue W., Palmetto, Florida 34221


Building Size14,526 Square Feet
Land Size11,526 Square Feet
ZoningCG
ParkingSurface
WaterYes
SewerYes
ElectricYes
Year Built1923
RoofFlat Built Up

Enjoy steady cash flow from this 100% occupied building. The historic Crusader Building originally built in 1923 has been tastefully updated in its original charm with new roof, high impact windows, decorative awnings, air conditioning and more. A nice mix of office and professional tenants with the State of Florida's Department of Motor Vehicles, your anchor whose current lease runs through the end of December 2025. Located at Regatta Point and the Central Business District in the City of Palmetto, there is consistent high demand to be situated in this area. The Palmetto Community Redevelopment Agency recently acquired nearly two acres to build a parking garage downtown. Funding has also been approved for revitalization to the roads, sidewalks and lighting structures along 10th Avenue and the immediate surrounding area.

  • 100% Occupied Steady Income Producing Building
  • High Impact Windows and Newer Roof.
  • Central Business Location
  • Close To Major Roadway Arteries
  • 8.27% Cap Rate

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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