5023-5047 Central Ave - Medical FOR SALE


Saint Petersburg, FL 33710- Westminster Heights
$3,500,000 USD
239-272-7006
5023-5047 Central Ave, Saint Petersburg, FL for Sale
$3,500,000 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

5023-5047 Central Ave
Saint Petersburg, FL 33710
Westminster Heights


HIGHLIGHTS

  • Owner-User Opportunity
  • High Traffic Volume
  • Ample Parking for Medical
  • Centrally Located

OVERVIEW

Prime Commercial Property in the Heart of St. Petersburg available for lease or sale. This investor or owner-user opportunity is located in the vibrant and growing Central Avenue corridor, the property has high visibility with heavy traffic volume, providing maximum exposure for your business. The 10,000SF building is a 6 tenant building with approximately 50% occupancy. The current vacant space is divided into 1,200SF and 3,700SF with the potential to combine the space for a larger business. The property also has a separate lot with 30 extra parking spaces which is difficult to find on Central, making this location more desirable to potential tenants. With versatile zoning, the space can accommodate a variety of uses, from medical, retail or office space to service-oriented businesses, such as a salon. The interior boasts an open floor plan and max potential to get creative with the space, as well as ample natural light, while the exterior features convenient parking and signage opportunities. Upgrades include re-paving and striping the parking lot for a fresh new look. Enjoy close proximity to Downtown St. Petersburg, the bustling Grand Central District, Tyrone and the beautiful Gulf Coast beaches, as well as easy access to major highways. This location is also about a 10 minute walk to a SunRunner stop, making access easier. This is a rare opportunity to secure a location in a rapidly developing area with excellent growth potential.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

CRT-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jake WollmanKW Commercial Tampa BayMore Info
239-272-7006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jake WollmanKW Commercial Tampa BayMore Info
239-272-7006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.