Level up your investment portfolio game with this versatile mixed use property in the heart of Downtown St. Petersburg, FL This well maintained 5,190 SF building consists of a large open floor plan retail/office space on the first floor including two bathrooms. The second floor consists of a residential space with 4 four bedrooms, 1 full bathroom and a half bath, large living room and kitchen (currently tenant occupied). Property conveys a total of 3 lots (.40 Acres). Zoning allows developers to build up to 4 floors that could provide water views of the bay. Perfect property for an investor/developer to renovate or build a new multi-family development. Featuring a newer TPO roof , fenced outside storage, walking distance to St. Petersburg nightlife, arts, restaurants and popular shops along Central Avenue and Beach Drive. Easy access to the interstate and a 40 minute drive to Tampa International Airport. With St. Petersburg redevelopment pushing southward and incentives for investors/developers to construct affordable housing this property has massive investment added value upside! Call to schedule your personal showing now.
**Seller finance available** 5th Ave S FRONTAGE, 15750 Sq ft (2 additional adjacent parcels totaling 18,669 sq ft also available for $1.2 million). Zoned INDUSTRIAL TRADITIONAL DISTRICT ("IT") which allows for minimum side setbacks. Joint Venture opportunities are available for investors and developers. The location is simply stellar - the site is located on 5th Avenue South on the 2600 block at 2680 5th Avenue South in the Warehouse Arts District. The address is also just west of 28th Street South which is a lighted intersection. 5th Avenue South is one of the main corridors of the Warehouse Arts District and also a significant east-west avenue that goes from the bay to the gulf. The property sits on 5th Avenue South which puts the site strategically between the lighted intersection at 22nd Street South and the lighted intersection of 28th Street South. 22nd Street South is the main north-south drag of the Warehouse Arts District. 28th Street South represents the westerly border of WAD. This District is strategically located, in that it abuts many popular districts including the Edge Shopping & Dining District and the Grand Central District. The Site also abuts a very upcoming neighborhood of Palmetto Park and two blocks from the famed Historic Kenwood Neighborhood. The address is only minutes to the downtown core & Beach Drive, minutes to the hospital, and university district. Both Interstate 275 and US HWY 19 are 3 minutes away.
Berkshire Hathaway HomeServices Florida Properties Group
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