For Sale
$2,500,000

4701 Central Ave St. Petersburg, FL 33713

Prime St. Pete location, high-growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional mixed-use property, located at 4701 Central Avenue in St. Petersburg, Florida, presents a compelling investment opportunity. The 5,922 square foot building, constructed in 1973 and renovated in 1990, sits on a 0.34-acre lot and offers 5,168 square feet of net rentable space. The two-story building features 24 parking spaces and is zoned CRT-1, allowing for a variety of uses. Currently configured for bank, creative office, and medical office uses, the property boasts multiple offices, conference rooms, and ample storage. Its high-and-dry location eliminates the need for flood insurance, providing peace of mind. The property's strategic location on Central Avenue offers high visibility and easy access to major highways and local amenities, placing it within the burgeoning Warehouse Arts District and Historic Kenwood neighborhoods. This area is experiencing significant appreciation and development, presenting substantial long-term growth potential. The property includes a tenant occupying a portion of the building with a separate entrance, generating immediate rental income. The sizable lot allows for future expansion or redevelopment opportunities, including the addition of office space, retail components, residential units, or enhanced parking and amenities. The asking price is $2,500,000. This is an owner/user investment opportunity in a Class C building.

Highlights

  • High-visibility location on Central Avenue, offering easy access to major highways and amenities.
  • Prime location in a rapidly appreciating area near the Warehouse Arts District and Historic Kenwood.
  • Existing tenant provides immediate rental income.
  • 0.34-acre lot allows for expansion or redevelopment opportunities.

Property Details for 4701 Central Ave

Property type
Specialty properties, Retail properties
Square Feet
5,922 SF
Class
C
Year Built/Renovated
1973/1990
Buildings
1
Stories
2
Lot Size (sq. ft)
14,810 SF

Location Insight

City
St. Petersburg
County
Pinellas
State
Florida
Latitude
27.771157452113
Longitude
-82.697377162132

FAQs

What type of property is this?
Specialty property - Prime St. Pete location, high-growth potential.
Where is the specialty property located?
The property is located at 4701 Central Ave St. Petersburg, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High-visibility location on Central Avenue, offering easy access to major highways and amenities.; Prime location in a rapidly appreciating area near the Warehouse Arts District and Historic Kenwood.; Existing tenant provides immediate rental income.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4701 Central Ave
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