Property
| Ownership: | Corporation |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.2 Acres |
Financials
Price:$2,455,000
Annual Taxes:$26,633
Listing Courtesy of MARK A. PETCHE ATTORNEY AT LAW
GREAT OPPORTUNITY FOR OWNER OCCUPIED OR INVESTOR TO ACQUIRE MULTI UNIT FREE STANDING EXECUTIVE, WATERFRONT OFFICE BUILDING.
Description
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.
Amenities
- Lake Front
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.