6351 49th Street NPinellas Park, FL 33781Price: $3,490,000

  • Price: $3,490,000
  • 91 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Jul 11, 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.
  • $3,490,000List Price
  • 1.79Acreage
  • 13,248Square Feet

Listing Tools

Unique Investment Opportunity: Mixed-Use Property with Sale Lease Back Option. Experience a unique investment opportunity with this 13,000 square-foot mixed-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. The property has 17 regular parking spaces and 1 handicap, with over 70 overflow parking along 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.

Property Details of 6351 49th Street N

Property Details

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Listed by BRODERICK & ASSOCIATES INC

Based on information submitted to StellarMLS as of July 16, 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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