4423 Central Ave 2,946 SF Office Building Saint Petersburg, FL 33713 $899,000 ($305.16/SF)



INVESTMENT HIGHLIGHTS
- 2000sf Med office plus roughly 950sf 3/1 apartment.
- Ample parking - 17 spaces plus 1 handicap spot
- Excellent Location and Visibility on Central Ave
- 5 exam rooms, 2 offices, storage space, a break room, and a front desk/waiting area
EXECUTIVE SUMMARY
The Subject Property is a 2,946sf medical office building located on Central Ave in St. Petersburg, Fl. It sits on a .21ac lot, features 95 ft of frontage on Central Ave and has 17 parking spaces plus 1 handicap space. Roughly 2,000sf of the space is currently built out as a podiatrist practice featuring 5 exam rooms, 2 offices, storage space, a break room, and a front desk/waiting area up front. This space is vacant. The other roughly 950sf is built out as a vacant 3/1 apartment. The roof was replaced in 2017 and overall building is in good shape. The property zoning is CRT-1 and its future land use is planned redevelopment - mixed use. From the property, downtown is 10 minutes East and the beaches are 10 minutes West. This listing presents an excellent opportunity for an owner/user to start or expand their practice. It would also make a great investment to lease out and collect rent. Property is also available for lease at $21.00 psf Absolute Net, No Landlord Responsiblity.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,946 SF
Building Class
C
Year Built
1948
Price
$899,000
Price Per SF
$305.16
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,946 SF
Building FAR
0.32
Lot Size
0.21 AC
Zoning
CRT-1 - Corridor Residential Traditional
Parking
16 Spaces (5.43 Spaces per 1,000 SF Leased)
AMENITIES
- Reception
- Air Conditioning
1 of 1
PROPERTY TAXES
Parcel Number | 22-31-16-43108-017-0060 | Improvements Assessment | $190,770 |
Land Assessment | $299,230 | Total Assessment | $490,000 |