Office

The Crusader Building


323 10th Ave W
PalmettoFL 34221

The Crusader Building

Office: Mixed Use

323 10th Ave W, PalmettoFL 34221

Details

Total Size
14,526 SF
Rentable Space
9,489 SF
Land
0.28 Acre
Zoning
CG - COMMERCIAL GENERAL
Lot Depth
135 ft
Lot Width
84 ft
Building Status
Existing
Building Class
B
Number of Buildings
1
Year Built
1923
Year Renovated
2017
Number of Floors
3
Clear Height (Max)
9 ft
Occupancy Type
Single Tenant
Water Utility Available
Yes
Sanitary Sewer Utility Available
Yes
County
Manatee
Submarket
Hillsborough Southeast

Current Listings

100% Occupied Office Building

9,489 SF$1,495,000
Cap Rate: 8.34%
SVN COMMERCIAL ADVISORY GROUP

Enjoy steady cash flow from this 100% occupied building. The historic Crusader Building originally built in 1923 has been tastefully updated in its original charm with new roof, high impact windows, decorative awnings , air conditioning and more. A nice mix of office and professional tenants with The State of Florida's Department of Motor Vehicles, your anchor whose current lease runs through the end of December 2025. Located at Regatta Point and the Central Business District in the City of Palmetto, there is consistent high demand to be situated in this area. The Palmetto Community Redevelopment Agency recently acquired nearly two acres to build a parking garage downtown. Also funding has been approved for revitalization to the roads, sidewalks and lighting structures along 10th Avenue and the immediate surrounding area.

SVN COMMERCIAL ADVISORY GROUP

Enjoy steady cash flow from this 100% occupied building. The historic Crusader Building originally built in 1923 has been tastefully updated in its original charm with new roof, high impact windows, decorative awnings , air conditioning and more. A nice mix of office and professional tenants with The State of Florida's Department of Motor Vehicles, your anchor whose current lease runs through the end of December 2025. Located at Regatta Point and the Central Business District in the City of Palmetto, there is consistent high demand to be situated in this area. The Palmetto Community Redevelopment Agency recently acquired nearly two acres to build a parking garage downtown. Also funding has been approved for revitalization to the roads, sidewalks and lighting structures along 10th Avenue and the immediate surrounding area.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: MFCRE

More Information

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