2531 4th Street NSt Petersburg, FL 33704Price: $4,300,000

  • Price: $4,300,000
  • 172 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Jul 18, 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.
  • $4,300,000List Price
  • 0.25Acreage
  • 2,988Square Feet

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Welcome to the iconic Old Farmer's Creamery Ice Cream Shop property, a versatile gem poised for redevelopment in the heart of Saint Petersburg, Florida. This unique commercial real estate offering combines a charming main structure, currently housing the beloved ice cream shop, with additional income-generating studio apartments and office spaces. Here's your chance to make this property the next landmark in the flourishing landscape of downtown Saint Petersburg. Key Features: The Old Farmer's Creamery Ice Cream Shop: Well-established and loved by the community. Prime ground floor commercial space, perfect for a variety of business ventures. A nostalgic atmosphere that can be retained or reimagined for new purposes. Studio Apartments on the 2nd Story: Two fully leased studio apartments generating consistent monthly income. Ideal for investors seeking immediate returns. Month-to-month leases provide flexibility for redevelopment plans. Additional Structure with Office Spaces: Three office spaces, one currently leased to a barber shop. Existing tenants express willingness to remain in place, ensuring ongoing revenue. Versatile spaces suitable for various professional services. Strategic Location: Minutes away from downtown Saint Petersburg, providing easy access to a vibrant urban center. Proximity to I275 for convenient transportation links. A mix of commercial and residential properties in the surrounding area ensures a dynamic business environment. High Traffic Count: Located on 4th Street North, this property benefits from a high traffic count. Excellent visibility for businesses seeking exposure to a diverse customer base. Redevelopment Potential: Unlock the full potential of this property with a strategic redevelopment plan. Capitalize on the dynamic market and demand for prime commercial space in the area. Don't miss out on this outstanding opportunity to reshape the future of 2531 4th Street North! Whether you envision a new retail hotspot, trendy offices, or a mixed-use development, this property provides a solid foundation for success. Contact us today to schedule a viewing and explore the endless possibilities awaiting you in this sought-after Saint Petersburg location.

Property Details of 2531 4th Street N

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Listed by PREMIER PROPERTIES LLC

Based on information submitted to StellarMLS as of July 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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