2821 Dr. Martin Luther King Jr St N - Freestanding FOR SALE


Saint Petersburg, FL 33704
$695,000 USD
727-510-1921
2821 Dr. Martin Luther King Jr St N, Saint Petersburg, FL for Sale
$695,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

2821 Dr. Martin Luther King Jr St N
Saint Petersburg, FL 33704


HIGHLIGHTS

  • Versatile layout suitable for a variety of retail ventures
  • High visibility and foot traffic in a bustling commercial district
  • Surrounded by a diverse mix of retail and dining establishments
  • Proximity to major transportation routes for convenient accessibility
  • Strong potential for high return on investment in a thriving market

OVERVIEW

Discover an exceptional off-market investment opportunity at 2821 DR MARTIN LUTHER KING JR ST N, St Petersburg, FL, 33704. This striking 2,333 SF building is ideally situated in the sought-after Tampa Bay Metro area, making it a prime location for retail and street retail investors. Boasting ample space, excellent visibility, and high foot traffic, this property offers the perfect setting to establish a thriving retail presence. Don't miss the chance to capitalize on this attractive property in a burgeoning market. The Offering details are a 2,333 SF retail structure on a 6,464 SF land mass. The building sits in the front of the lot right on the street. The retail exposure is exceptional. The front of the building has two roll-ups that open up to an extra-wide sidewalk cafe. The front of the building also hosts a rare prized giant sign. The Interior of the building is 80 percent an open space but does have two enclosed rooms. There is another roll-up in the rear facing the back parking lending itself to a possible outside dining terrace. The zoning CCT-1 is very generous allowing almost unlimited uses. The site has been retail for most of its life, I remember the fruit stand there in 1969. It appears the building could be any variety of retail such as restaurants/cafes, boutiques, gift shops, galleries, and more. The property could also be used as a salon, spa, or wellness center. General office, medical, and financial are also possibilities. The space could also be used as a warehouse such as a showroom or storage.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,264 SF

ZONING

CCT-1

APN/PARCEL ID

07-31-17-28332-000-0030

ASK ABOUT THIS PROPERTY

727-510-1921

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727-510-1921

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