Industrial / Flex Space - Condo for Sale

Largo, FL (Pinellas County)
Asking Price: $1,050,000
Real Estate Details
Listed on Apr 17, 2023

We are excited to present this exceptional industrial condo for sale in Largo, Florida. This property boasts excellent visibility and parking, making it an ideal opportunity for owner/users or NNN investors. With a unit size of 4,609± square feet and additional conference room upstairs, this property offers ample space and versatility for a wide range of business needs. The property is well-maintained and features a metal bar joist roof with built-up cover, a concrete foundation with interior tile flooring, and 4 individual packaged HVAC systems. The mezzanine level conference room, approximately 800 square feet in size, adds further flexibility to the space. Formerly an industrial supplier with offices, shop, and receiving area on the first floor, this property is located in the Employment and Industrial District (E-1) zoning with flood zone 'X'. The 9± non-exclusive parking spaces, individual bathrooms (one with a shower and 45-gallon water heater), and dock-high warehouse receiving area further enhance the functionality of the property. With 360k population within a 15-minute drive time, this property is well-positioned to serve a broad range of businesses. The property also benefits from 3-phase power with a 400V transformer, and traffic counts of 15k ADT on Belcher Rd. This is a rare opportunity to own an industrial condo in an excellent location, with ample parking, versatile space, and strong potential for investment returns. Don't miss out on the chance to make this property your own. Contact us today to schedule a viewing.

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Financials (USD)

Net Operating Income (Annual) $0

Asking Price $1,050,000

Cap Rate Available On Request

Additional Details

Street Address 8222 118th Avenue North

Suite/Unit Number 600

Building Area 4607.00 Square Feet

Building Class Class A Building

Year Built/Renovated 2007

Percent Occupied 100%

Land Area 0.00 Acres

Zoning E-1 (Employment and Industrial District)

Deal Terms

Who is Listing the Property? Real Estate Broker

Broker Co-Op? Yes

Seller Financing Available? No

Seller Willing To Lease? Available On Request

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