$600,000
$645,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
6,235 SqFt
SOLD DATE : 03/16/2022
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,235 sqft
Price per Sqft $96
Subdivision Mcelroys Add
MLS Listing ID W7827993
Sold Date 03/16/22
HOA Y/N No
Year Built 1920
Annual Tax Amount $6,238
Lot Size 4,791 Sqft
Acres 0.11
Property Description
On the main intersection of Meridian and 7th Ave in Downtown Dade City, the historic Treiber building is one of the nicest two story buildings on the street. With two income producing store fronts and separate entrance for the upstairs, this 6,235 square foot "mixed use" building is a great opportunity for someone wanting to invest in the downtown urban core. The upstairs has an entrance off of Meridian Ave and a second access point off of an alley in the back. The space upstairs features high ceilings, exposed heavy timbers, original brick detail throughout, and awesome downtown views. Demolition is complete upstairs down to the framing, and ready for someone to come in and make it into whatever they desire. Up to 3 residential apartments allowed, or turn it into many commercial office rentals, the opportunities are endless. This very trendy loft-like space is ripe for residential density. Dade City as a whole is experiencing explosive growth and will continue with the state road 52 road realignment/expansion, and large scale residential developments. Opportunities like the Treiber Building in a historic town like Dade City do not trade hands or come on the market for decades... if not centuries at a time. The owner of this building has taken great care of preserving its charm and keeping up with any and all maintenance. This building falls in the Historic District and is eligible for various grant funds offered by Dade City, to help promote the growth and redevelopment of certain areas within Downtown Dade City. The income potential and opportunities are endless with this place, do not miss out on this opportunity!
Location
State FL
County Pasco
Community Mcelroys Add
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Block
New Construction false
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with ACE REALTY & AUCTION LLC