St. Petersburg Retail - Office
|Catylist Listing ID:
Free-Standing Building, Mixed Use, Street Retail, Other
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||Cash to Seller, Owner Financing
Overview / Comments
Storefront Retail and Office 7,658 +/- SF space on the 4600 block of Central Avenue. Nearly 6,250 SF available on the 1st floor with 162 +/- FT of frontage on historic Central Avenue. Just over 1,400 SF available on the 2nd floor, currently a finished apartment unit that can be easily converted for a single office tenant. The lot is high and dry (no flood insurance required) with great pylon signage. The building has fairly new paint and a new roof with a 20 year warranty. Excellent investment or redevelopment opportunity and the owner will consider financing.
Five multi-story luxury apartment projects are nearly complete or planned within a few miles, adding 1,500 residential units to the 1,340 units finished in the last three years. Nearly a half billion dollars worth of construction is underway or expected to start this year in the St. Petersburg CBD; including museums, apartments, condos, a new police station and a dozen other projects contributing to one of the biggest building booms in St. Petersburg’s 130 year history.
Attachments & Media
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||2.6 (per 1000 SF)
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