About this property
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
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 14,526 sqft
- Land Size
- 11,526 sqft
- Sewer
- Yes
- Water
- Yes
- Zoning
- CG
- Electric
- Yes
- Year Built
- 1923
- Roof
- Flat Built Up
- Parking
- Surface
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
323 10th Avenue W.
Palmetto, Florida 34221