THE Business for Sale Marketplace

150-1c & 2c Pinellas Bayway, Tierra Verde, FL 33715

2 Story Brick over Block Office Building, with parking for 19 cars, good access and egress, High Visibility location. 3,564,000 cars per year traffic count.
Downstairs is rented to National Franchise, Upstairs is set up for 10 executive offices. Waterviews and views of Sunshine Skyway and Marina. Next to one of the top grossing 7-11's in the State of Florida. 4 of the upstairs offices rented. room for your business now.
Good Gross and Net. This listing has now been REDUCED from $1,500,000 all the way down to $1,000,000.

Strategically located at the entrance to Tierra Verde, One of the highest per-capita income subdivisions in Pinellas County. Access from Madonna Blvd. and also fronts on Pinellas Bayway. Fort Desoto Park generates over 3 Million visitors a year.
NEW INFO! The land has just been annexed by the City of St. Petersburg. What this means is that the City will rezone the property and will result in higher FAR and more density allowed on the land, than was previously allowed by Pinlellas County.

- Strategic High Visability Location over 3,600,000 vehicles per year
- Solid Brick Over Block Construction
- New Roof, 2007
- Solid Tenants
- Elevator for 2nd floor Access
- Good Gross and NEt

Financial Summary
Scheduled Gross Income: $115,200
Effective Gross Income: $100,000
Operating Expenses: $30,000
Net Operating Income: $70,000

Major Tenant Information
Century: 21 2,900 SF Occupied
Insurance: 250 SF Occupied
Psychiatrist: 200 SF Occupied
Your Business here: 700 SF Occupied

Debt & Equity Information
Debt Type: Proposed
Loan Amount: $700,000
Interest Rate:7%
Annual Debt Service: $49,000
Down Payment: $300,000
Loan Description: proposed interest only