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Property Overview

Price/Rent PSF $ 545,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 4,436
Date Available 02/17/2020
Additional URL Link
Parking 22
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Description

Location
Location Description: The address is on Central Avenue on the 4600 Block between 46th Street and 47th Street. The Site is on the south side of the Avenue in the center of the block. The location is in almost in the true center of the city. The address is only 1 minute to US 19 HWY N and 3 minutes to the Interstate. Downtown is only 5 minutes away. The Beaches and the Tyrone area are only 7 minutes away.

Sale
Off Market Property > This Property is not on the Open Market
St Petersburg Scarcity > Freestanding Office Complex Available on Central Avenue. Office values have skyrocketed on Central Avenue but this Site is being offered at $125.00 psf. Our Offering is for a 4,436 sf block building on a 10,000 sf lot. The complex has up to 6 units. The Building has 20 parking spaces and a tall grandfathered- In Sign.
This is a great opportunity for an Owner-User to have their own office plus Rental Income that would be more than enough to pay for itself - Free Rent.
PLUS - there is "Value Added" with raising the Rents, the current tenants are paying below Market.

Location

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