Property History
Unique Investment Opportunity: Mixed-Use Property with Sale Lease Back Option
Experience a unique investment opportunity with this 13,000 square-foot multi-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. There are 17 regular parking spaces and 1 handicap, with over 70 overflow spaces along the 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.
Multi-Use Property: 13,000 square-foot facility including three units and over an acre of dedicated soccer fields, providing a mix of office, warehouse, and recreational space.
Sale Leaseback Option: Potential for a five-year sale leaseback arrangement for two units currently used by the BT Sports Academy, ensuring continued income post-sale.
Recent Capital Improvements:
Fully sprinklered building equipped with a $95,000 fire alarm monitoring system.
Newly installed TPO roof in 2023, costing $45,000.
Air conditioning upgrades with two 5-ton units for the lounge and five mini-split systems in Unit #1.
Additional Amenities:
Owner financing with down payment of $1.5 million.
Daily traffic count of over 27,000 average vehicles per day, maximizing exposure and accessibility.
City of Pinellas Park zoning M-1 (light industrial) with permissions for club and lodging uses; potential to expand possible uses to warehouse, club lodging, or pickleball developments.
Several overhead doors enhancing logistical operations.
Lounge area designed for events and catering, ideal for hosting company or public events.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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