1900 Central AvenueSt Petersburg, FL 33712Price: $43

  • Price: $43
  • 153 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $43List Price
  • 0.13Acreage
  • 8,000Square Feet

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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 of 1900 Central Avenue

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Listed by DALTON WADE INC

Based on information submitted to StellarMLS as of May 23, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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