EUCLID MANSION
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Listing was updated on: 05/08/2022
location icon 919 10th Ave N, St. Petersburg, FL 33705, USA
Office for Sale
from May 02, 2022
Description

LocationThe building is located strategically west of the Historic Old Northeast, across from the hip MLK business district and due north of the EDGE District. The area sees a lot of upside due to the newly renovated homes and new construction. The building is next to doctors offices, lawyers, and new restaurants concepts. Walk to Nitally's Thai Mex, Uptown Eats, Sunset Grill, the famous Hooks Sushi, Trips Diner, Left Bank Bistro, Gypsy Souls Coffee and many more! SaleHere's a chance to own a piece of history! This three-story brick church building in the Historic Uptown / Euclid Saint Paul Neighborhood is positioned just off the famed MLK Jr St and 10th Ave corridor and serves as a buffer property to the coveted neighborhood to the west. This block sees lots of drive by traffic, but the building itself is set back to provide an serene setting for future users. The building is located strategically west of the Historic Old Northeast, across from the hip MLK business district and a short walk to the EDGE District. The area sees a lot of upside due to the newly renovated homes and new construction. The building is next to doctors offices, lawyers, and new restaurants concepts. Walk to Nitally's Thai Mex, Uptown Eats, Sunset Grill, the famous Hooks Sushi, Trips Diner, Left Bank Bistro, Gypsy Souls Coffee and many more!

-Development Potential - The site consists of one contiguous parcels, a total of 0.3 acres and about 13,000 sf. The property was used as a Church and parking there is plenty of parking for community and networking events surrounding the building. The parcel is currently zoned for Neighborhood Traditional (NT-2) and can be converted to a multifamily use but is abutted to the east and south by Corridor Commercial Traditional (CCT-1) uses.

The subject property is located next to a similar brick structure which has been recently redeveloped into 16 multifamily apartment units. The neighboring 16 unit property, which was transformed from an elementary school to apartments, just sold in December of 2020 for $2.95M. $184,375 per unit. The subject property can be converted to approximately 25 units (to be independently verified).

Additional parameters
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The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.