325 E Lemon Street, Tarpon Springs, FL 34689

$850,000
7,098
SqFt

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Sold Price
$850,000
List Price
$895,000
Status
Sold
Days on Market
341
Closing Date
Jun 24, 2025
MLS#
W7864878
Property Style
Business
Year Built
1963
Living Area
7,098
Lot Size
18,226
Acres
0.42
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Saffords A P K
MLS Area Major
Tarpon Springs

Property Description

Going back in history this property was at one time the original City jail with brick walls and heavy timber beams, later it was the City's fire station and then sat vacant for years until the City sold the surplus property to the operators of the well known and established SilverKing Brewery.. With 7,000 sqft, high ceilings, solid block, steal reinforced roof and huge bay doors this property screams redevelopment. Located in the Citys special are plan, SAP, and zoned T4b the redevelopment possibilities are endless. Lots of mixed use potential, the property has some existing asphalt parking and yard behind the structure. Current lease rates in this area of downtown are ranging between $16-20 per foot, making this a solid investment opportunity. Anytime you can buy it existing cheaper than you can build it new, helps deal makes sense.

Additional Information

Taxes Annual
$7898
Community Features
No Deed Restriction
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
12-27-15-77778-402-0270
Legal Description
SAFFORD'S, A.P.K. BLK 40B, LOTS 27 THRU 32 INCL TOGETHER WITH S 1/2 OF VAC 25FT R/W ADJ ON N

Listing courtesy of TARAPANI BANTHER & ASSOC LLC. 727-201-0085

Selling Office: TARAPANI BANTHER & ASSOC LLC.

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