SAINT PETERSBURG, Fla. (July 20, 2021) – Bridgewater Commercial Real Estate announces the sale of 6526 Central Avenue, a multi-tenant office complex, for $975,000.
The 6,400-square-foot concrete block building includes six suites, nice signage fronting busy Central Avenue and 34 parking spaces.
Bridgewater’s Broker Kris Dumke represented the seller in the transaction. Dumke obtained the full asking price for the property, located just off 66th Street and walking distance to Starbucks, Earth Origins and more.
“The sellers allowed me to price this property appropriately, allowing for a smooth sale. It was a joy to work with them and I believe the buyers got a truly great investment property for $152 per square foot,” Dumke said.
The buyers exercised a Section 1031 tax exchange.