689 Central AveSt. Petersburg, FL 33701

  • Office properties
  • 7,296 SF
For Lease
$45/SF/YR View listing

Property Details for 689 Central Ave

Year built
1924
Construction
CONCRETE BLOCKS
Lot size
0.10 AC
Property size (Sq ft)
7,296 SF
Property type
Office properties
Property subtype
Office buildings
APN
19-31-17-34218-000-0010
APU
193117342180000010

Description

Station House Arcade, located at 689 Central Ave in St. Petersburg, Florida (zip code 33701), offers a unique opportunity to lease office space in a historic building. This two-story, 7,518 square foot building, constructed in 1924, boasts a blend of traditional and modern appeal. The property features a mix of office space configurations suitable for various needs, including traditional, executive, medical, and creative office uses. Multiple suites are available, with a minimum divisible space of 273 square feet and a maximum contiguous space of 3,152 square feet. A total of 13 suites are available within the building. The building does not have elevators. Its prime downtown location provides exceptional walkability to a wide array of amenities, including restaurants, cafes, shops, banks, gyms, and entertainment venues, as well as the newly constructed St. Pete Pier. The building's character is enhanced by exposed brick, reflecting its rich history. This property is ideal for businesses seeking a blend of historical charm and modern convenience in a vibrant urban setting within Pinellas County. The property is classified as both retail and office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,544,428
    6.5%
    $2,348,703
    7%
    $2,180,938
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,225,037
    Geo Method
    $1,225,037
  • Alternative Use

    Use
    Valuation
    Residential
    $2,912,392
    Hospitality
    $2,667,735
    Educational
    $2,219,524
    Medical
    $2,295,857
    Retail
    $3,452,594
689 Central Ave, St. Petersburg, Florida

Location Insight

City
Saint Petersburg
County
Pinellas
State
Florida
Latitude
27.7715
Longitude
-82.6435
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,831
-
-
$1,150,000
-
$582,429
$567,571
$1,150,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].