655 31st St S - Warehouse FOR SALE


Saint Petersburg, FL 33712
$3,250,000 USD
727-510-1921
655 31st St S, Saint Petersburg, FL for Sale
$3,250,000 USD
Warehouse - FOR SALE
1/30
null | Request Cap Rate

655 31st St S
Saint Petersburg, FL 33712


HIGHLIGHTS

  • Off Market Mixed-Use Commercial Site
  • Florida Opportunity in St Petersburg Market
  • 5th Avenue South Vincity
  • Near the Interstate and US HWY 19 North
  • Retail * Office
  • Warehouse * Showroom

OVERVIEW

Our Offering is a true "One of a Kind', one of a kind means there is no other of its kind, category, or class—nothing else is exactly the same as it. The following descriptions, characterizations, and detailed depictions will reveal this site's grandeur. The Offering starts with the details - the structure is 15,620 SF sitting on a land mass of almost an acre / .80 acre. The forward part of the building to the east starts with a secondary front entrance with 2 large retail windows that open up an attractive reception area with built-in counters. This area is pleasantly lofting with high ceilings, stylish lighting, and wide spaces. This space also served as a legitimate coffee cafe. The site is appropriately powered and plumbed for a cafe. The reception area is surrounded by a bank of five dignified offices. Each office is finished with splendid surfaces, and lighting with a storage closet in each unit. The front offices are the principal offices. Next - are two generous hallways, the left side hallway runs long the north wall leads immediately to male and female locker rooms of luxurious taste. Each locker room starts with a semi-enclosed area with built-in lockers, then a door into the interior of the locker rooms. Each locker room has multiple shower rooms and dressing areas. The north hallway continues to the west leading into a grand room reception area. Please note that the main front doors open into this room. This grand room is very handsome with superb finishes, massive wood built-in counters, and cabinets. The room boasts tall ceilings, superior lighting, and outstanding flooring. There is another generous hallway that runs along the south wall and connects this grand room to three more additional very large areas/rooms. This is a good moment to mention that the last use of the facility was an extensive and elaborate fitness and wellness concept. The business consisted of executive offices, a coffee cafe, co-working, and multiple large areas of fitness, exercise, and wellness. The next four large rooms/areas are very similar including size. All three of these rooms are quite significant, with very tall ceilings, considerable LED lighting, modern effective ceiling fans, and voluminous square footage. All three have natural light from wall-to-wall elevated windows plus an unbelievable amount of skylights. The last room/area to the west has a restroom and storage room. This end unit also has a giant roll-up door - 10 ft wide and 14 ft high. This roll-up and a human door lead to a nice decked area and a loading dock with a drive-up. In the middle of the building is a large-scale mechanical room. This facility is overpowered, meaning a brand new 3-phase power service from the pole to the building with what appears to be 3 new transformers on the new pole. The exterior electric service equipment is brand new, and the interior panels and equipment are brand new. Two extremely large panels of 1600 Amps in the mechanical room. The mechanical room also houses IT equipment and racks, an overdone "hot water on demand" system of 100 gallons. The state-of-the-art Fire Safety system is also housed in this room. The structure itself is 15,620 SF of steel, prefinished metal, insulated, and drywall. The building was built in 1987 but beginning in 2019, the owners $1.7M in deep and thorough renovations. The building and the MEP are all in new or newer condition. The exterior is well-maintained, with new paint on the building, good landscape, and over 30 parking spaces. The south side of the property has extensive extra land beyond the city's right of way, lending itself to be used for parking and/or outside amenities.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

UTILITIES

Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

13.666666666666666 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

IT, St Petersburg

APN/PARCEL ID

23-31-16-76590-019-0100

ASK ABOUT THIS PROPERTY

727-510-1921

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727-510-1921

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