www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22212632
22212633

5023-5047 Central Ave, St. Petersburg, FL 33710

JW
FL 3511103
KW Commercial St. Petersburg
Listed by KW Commercial St. Petersburg
$3,500,000
453 days on market
Updated 5 days ago

CENTRAL AVENUE CORRIDOR EXECUTIVE BUILDING

Details
Property Type Office, Retail
Sub Type Executive Office, Medical Office (+1)
Square Footage 10,012
Tenancy Multi
Class B
Investment Type Owner/User

Central Frontage.

Marketing description

Excellent Commercial Property in the Heart of St. Petersburg available for lease or sale. This

investor or owner-user opportunity is located in the vibrant and growing Central Avenue

corridor, the property has high visibility with heavy traffic volume, providing maximum

exposure for your business. The 10,000SF building is a 6 tenant building with

approximately 50% occupancy. The current vacant space is divided into 1,200SF0 and

3,700SF with the potential to combine the space for a larger business. The property also

has a separate lot with 30 extra parking spaces which is difficult to find on Central,

making this location more desirable to potential tenants.

With versatile zoning, the space can accommodate a variety of uses, from medical, retail

or office space to service-oriented businesses, such as a salon. The interior boasts an

open floor plan and max potential to get creative with the space, as well as ample natural

light, while the exterior features convenient parking and signage opportunities. Upgrades

include re-paving and striping the parking lot for a fresh new look.

Investment highlights

  • Investor, Owner-User, or Lease Opportunity

  • 50% occupancy, existing cash-flow

  • High Visibility and Traffic Volume

  • Ample Parking, with additional lot dedicated for parking (current owner re-paving)

  • Potential development opportunity with vacant commercial land

  • Great for Law firm, Medical, Tech Company, Salon or Spa

  • Centrally located with easy access to Downtown, Grand Central, Tyrone and Gulf Beaches

Listing Contacts

JW
FL 3511103
KW Commercial St. Petersburg
Listed by KW Commercial St. Petersburg

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jake Wollman
License
3511103
Brokerage
Murray Coleman
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591