Palm River / Clair Mel Convenience Store and Land – 2124 S 78th StSold – $520,000
This 2,016 SF convenience store (price does not include business) sits upon a 20,000 SF lot which is currently contiguous and combined with an additional 2.34 M.O.L acre lot (for a total of 2.8 acres) on busy 78th Street. The site is located in the heart of Claire Mel across from a very active church and amidst a dense residential population. The property has excellent parking, additional storage opportunity, room for expansion and excellent visibility and signage with exposure to almost 20,000 cars per day. No historical c-store sales data will be available. There is currently a tenant on site paying $2400 per month plus sales tax gross for c-store and paved parking area only and the lease term runs through April 1, 2024. Additional covered area adjacent to the store can be leased to increase income and has been rented for food trucks, car detailing and fruit stands over the years.
* Pricing Notation - PLEASE READ CAREFULLY * - The entire subject parcel is a total of 121,899 SF (approximately 2.8 acres of land) and shall be separated as needed. The convenience store building is being offered with a 20,000 SF demised portion of this land at $349,000 and will be separated from the larger parcel through a parcel certification (separation) at seller's expense.
The remaining land (approximately 101,899 SF or 2.34 acres) is also zoned BPO and has a Future Land Use of Residential 9 (.35 FAR). Potential use for this "excess" land is a 50,949 SF residential development of 21 units or a potential commercial office development totaling 35,664 SF of building and is available for $250,000