6351 49th St - Manufacturing FOR SALE


Pinellas Park, FL 33781
$3,490,000 USD
6351 49th St, Pinellas Park, FL for Sale
$3,490,000 USD
Manufacturing - FOR SALE
1/51
null | 6% Cap Rate

6351 49th St
Pinellas Park, FL 33781


HIGHLIGHTS

  • Multi-Use Property: 13,000 square-foot facility including three units and over an acre of dedicated soccer fields, providing a mix of office,warehouse
  • Sale Leaseback Option: Potential for a five-year sale leaseback arrangement for two units currently used by the BT Sports Academy
  • Newly installed TPO roof in 2023, costing $45,000. Fully sprinklered building equipped with a $95,000 fire alarm monitoring system.

OVERVIEW

Unique Investment Opportunity: Multi-Use Property with Sale Lease Back Option Experience a unique investment opportunity with this 13,000 square-foot multi-use property prominently housing the BT Sports Academy. This expansive site includes three units, two of which are currently used by the Academy, and features over an acre of fenced soccer fields for enhanced security and enjoyment. Strategically situated with access from 49th Street and additional parking via a southern easement, this property offers outstanding visibility and high daily traffic of over 27,000 cars, ensuring maximum exposure. The owner proposes a sale lease back option for five years with a $1.5 million down payment and terms to be negotiated under a purchase and sale agreement. Upgraded for optimal performance and safety, the building includes a fully sprinklered system with fire alarm monitoring ($95,000 value) and a new TPO roof installed in 2023 ($45,000 value). The lounge area is cooled with two 5-ton AC units, and the gym features 5 mini-split AC systems, combining comfort with functionality. There are 17 regular parking spaces and 1 handicap, with over 70 overflow spaces along the south easement. Zoned M1 with permissions for club and lodging uses, potential re-zoning could expand uses to include warehouse, retail, club lodging, or workforce housing. Additional features include multiple overhead doors and a well-appointed lounge area suitable for events and catering. Seller financing is available, making this an excellent opportunity for those looking for a versatile property in the heart of Pinellas Park. Don't miss out on owning this distinctive location.

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

Lighting - Halogen, Water - City, Sewer - City

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.72

LAND SF

74,923

ZONING

M-1, Pinellas Park

APN/PARCEL ID

33-30-16-69948-100-3101

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