Listed by AXXOS
Unpriced
Downtown Epic
Details
Property Type Retail, Multifamily
Sub Type Restaurant, Medical Office
Square Footage 3,026
Year Built 1930
Stories 2
Acreage 0.110
Zoning DC-2(Downtown Core)
Investment Type Owner/User
Retail | 3,026 SqFt
Marketing description
Our Offering is for a truly Off-Market Commercial Opportunity, and we are sharing it with you and our "Go To Buyers". The Offering is for a landmass of 5,114 sf and a stucco craftsman-style home of 3,216 sf with an outbuilding of 500 sf.
The property is located in the core of downtown St Petersburg with the astounding zoning of DC-2. DC-2 Zoning is known as Downtown Core - 2, which is superior and generous zoning for developers and owner-users.
Currently, the property does have a charming boom-era 1930 craftsman-style house of two stories. The site also boasts a legal curb cut and a driveway into a carport. The last use of the structure was a Group Home.
Because of the excellent zoning, an Owner-user could renovate the buildings as is, as a single-family home. Or, the User could renovate the building for other Uses such as Office, Retail, Restaurant, Medical, Spa, just about anything imaginable.
And of course, the address is prime for a redevelopment play. The DC-2 zoning has generous density calculations, setbacks, and more, making it favorable to blade the building. The future Uses are limitless, whether it is multi-family condos, office, or retail, or live-work with businesses on the bottom floor, and residential on upper floors.
Location Description: The Location is simply one of the best locations in the City. The Site is located on the 4th Avenue North on the 200 Block at 205 4th Avenue North. The address is between 3rd Street North and 2nd Street North on 4th Avenue North. The address is the hard northwest corner of the lighted intersection.
The location is surrounded by St Pete's premier luxury condo towers and mid-rise apartment complexes. There are thousands upon thousands of residents within walking minutes of this prime address.
The property is only two blocks west renowned Beach Drive Shopping and Dining District and just down the street from the brand-new St Pete Pier. The Spaces are also a few blocks off of the popular Central Avenue. The site is also near the new & improved Sundial. Sundial is the downtown's premier Dining and Shopping complex.
The Site is also within walking distance of the nationally famous Jannus Landing block and live music venue Jannus Live. The 600 Block and The Edge Shopping and Dining Districts are also only a few blocks away.
The following link is for the DC-2 Zoning Code:
https://library.municode.com/fl/st._petersburg/codes/code_of_ordinances?nodeId=PTIISTPECO_CH16LADERE_S16.20.120DOCEDIDC
Investment highlights
- Real Off-Market Acquisition
- Redevelopment Play
- Or Owner-User
- Florida Opportunity
- Tampa Metro
- St Petersburg Market
- Downtown Core
- 4th Avenue Address
- .11 Acre
- 3,216 SF Structures
- Multi-Family
- Retail / Office
- Live / Work
- Single-Family Home Option
Listing Contacts
Listed by AXXOS
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