1900 CENTRAL AVENUE ST PETERSBURG FL 33712 MLS #T3493302

1900 CENTRAL AVENUE
ST PETERSBURG, FL, 33712
$172,000
Beds
0 Baths
8,000 SqFt
0.13 Acres
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PRIME Grand Central District location ready for your concept to Lease now – where all of the HOTTEST businesses are in St. Pete! Now offering ‘small shops’ space on Central Ave – three street level Retail spaces available. Come see this rare standalone building with a whopping 50′ of frontage on Central Avenue – a stellar location for any St. Pete business! This high visibility property is on a “hard corner” (Central Ave & 19th Street) just four blocks to the $6.5B redevelopment of Tropicana Field -AND- over 1,500 high end Residential units (hundreds more under construction now). Restaurant operators can potentially qualify for a 4COP SFS liquor License from the State (saving food & beverage Tenants over $625K up front). Retail, Restaurant, Cannabis Dispensary, Craft Brewery, Distillery, Fitness Concepts, Salon Services, Creative Venue Space, Medical Uses and more are possible at this location with CCT-2 Zoning. Solid, block building with over 12′ ceiling height downstairs (15′ slab to slab), roll doors in the back (with alley access) providing unlimited potential for your concept. Expansive, wide open spaces provides a blank canvas for your concept. Lease downstairs only (all 4,000sf) or secure Small Shops space, with units from 950sf to 1,136sf with “common core” restrooms saving Tenants on even more build out expense! The right Tenant can also lease both floors (9′ ceilings upstairs, with super cool rusted out metal beams). An existing freight elevator which can potentially provide ADA compliant access to both levels. Landlord will invest over $400K in major property improvements – including an all NEW Storefront, windows, doors, HVAC unit(s) and a new ROOF! Long-term Lease possible (10-Year Initial Term + renewal options) with a great, Local landlord. Rent abatement available to Tenant as well, after Landlord has completed his work (to commence upon signed Lease). Tenant can have input on the look of the new Storefront in collaboration with Landlord (also a very rare opportunity!!). $43/SF + NNN for the 1st floor Retail; $30/SF + NNN for the upper level (blended lease rate of $36.50/sf if leasing both floors). NNN approximately $6.50/sf. City of St. Petersburg Zoning matrix details here – see CCT-2 zoning: https://library.municode.com/fl/st._petersburg/codes/code_of_ordinances?nodeId=PTIISTPECO_CH16LADERE_S16.20.080COCOTRDICC

Property Details

Price:
$172,000
MLS #:
T3493302
Status:
Active
Beds:
0
Baths:
0
Address:
1900 CENTRAL AVENUE
Type:
Commercial Lease
Subtype:
Retail
Subdivision:
JOHNS PASS REALTY COS SUB
City:
ST PETERSBURG
Listed Date:
Dec 22, 2023
State:
FL
Finished Sq Ft:
8,000
ZIP:
33712
Lot Size:
5,545 sqft / 0.13 acres (approx)
Year Built:
1984
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Interior

Cooling
Central Air
Flooring
Concrete
Heating
Central

Exterior

Community Features
Sidewalks
Construction Materials
Block
Parking Features
1 to 5 Spaces

Financial

Buyer Agent Compensation
3.0%%
Tax Year
2022
Taxes
$8,747

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1900 CENTRAL AVENUE
ST PETERSBURG, FL