ROOSEVELT PARK HEIGHTS

655 31st Street South St Petersburg, FL 33712

655 31st Street South, St Petersburg, FL, 33712
NIGHT VIEW OF THE FRONT OF THE BUILDING
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FOR SALE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Last Verified:
Mar 05, 2024

Highlights

  • New to the Market Mixed-Use Commercial Site
  • Florida Opportunity
  • St Petersburg Market
  • 5th Avenue South Vincity
  • Abutts the Warehouse Arts District
  • Near the Interstate and US HWY 19 North
  • Retail * Office
  • Warehouse * Showroom
  • 3 Phase Power
  • 3 New Transformers
  • Large Roll-Up Door
  • Loading Dock
  • Sprinkled
  • Advanced Fire Safety System
  • Handsome Finishes
  • Cafe Feature
  • Full Locker Rooms
  • Outside Patio Deck
  • Attractive Lightning
  • Newer HVAC
  • Giant Ceiling Fans
  • All of the Interior is New

Description

Extraordinary Find * New to the Market Commercial Real Estate
Unique Building of Mixed-Use for Sale
Stellar Opportunity
ROOSEVELT PARK HEIGHTS

Our Offering is a true "One of a Kind', one of a kind means there is no other of its kind, category, or class—nothing else is exactly like this site.

The following descriptions, characterizations, and detailed depictions will reveal this site's grandeur.

The Offering starts with the details - the structure is 15,620 SF sitting on a land mass of almost an acre / .80 acre.

The forward part of the building to the east starts with a secondary front entrance with 2 large retail windows that open up an attractive reception area with built-in counters. This area is pleasantly lofting with high ceilings, stylish lighting, and wide spaces. This space also served as a legitimate coffee cafe. The site is appropriately powered and plumbed for a cafe.

The reception area is surrounded by a bank of five dignified offices. Each office is finished with splendid surfaces, and lighting with a storage closet in each unit. The front offices are the principal offices.

Next - are two generous hallways, the left side hallway runs long the north wall leads immediately to male and female locker rooms of luxurious taste. Each locker room starts with a semi-enclosed area with built-in lockers, then a door into the interior of the locker rooms. Each locker room has multiple shower rooms and dressing areas.

The north hallway continues to the west leading into a grand room reception area. Please note that the main front doors open into this room. This grand room is very handsome with superb finishes, massive wood built-in counters, and cabinets. The room boasts tall ceilings, superior lighting, and outstanding flooring.

There is another generous hallway that runs along the south wall and connects this grand room to three more additional very large areas/rooms.

This is a good moment to mention that the last use of the facility was an extensive and elaborate fitness and wellness concept. The business consisted of executive offices, a coffee cafe, co-working, and multiple large areas of fitness, exercise, and wellness.

The next four large rooms/areas are very similar including size. All three of these rooms are quite significant, with very tall ceilings, considerable LED lighting, modern effective ceiling fans, and voluminous square footage.

All three have natural light from wall-to-wall elevated windows plus an unbelievable amount of skylights.

The last room/area to the west has a restroom and storage room. This end unit also has a giant roll-up door - 10 ft wide and 14 ft high. This roll-up and a human door lead to a nice decked area and a loading dock with a drive-up.

In the middle of the building is a large-scale mechanical room. This facility is overpowered, meaning a brand new 3-phase power service from the pole to the building with what appears to be 3 new transformers on the new pole. The exterior electric service equipment is brand new, and the interior panels and equipment are brand new.

Two extremely large panels of 1600 Amps in the mechanical room. The mechanical room also houses IT equipment and racks, an overdone "hot water on demand" system of over 100 gallons.

The state-of-the-art Fire Safety system is also housed in this room.

The structure itself is 15,620 SF of steel, prefinished metal, insulated, and drywall. The building was built in 1987 but beginning in 2019, the owners $1.7M in deep and thorough renovations. The building and the MEP are all in new or newer condition.

The exterior is well-maintained, with new paint on the building, good landscape, and over 30 parking spaces.

The south side of the property has extensive extra land beyond the city's right of way, lending itself to be used for parking and/or outside amenities.

LOCATION DESCRIPTION: The location is simply stellar, The Site is located on the 500 block of 31st Street South at 655 31st Street South.

The location sits just west of the border of the Warehouse Arts District at the intersection of 31st Street South and Fairfield Avenue South.

The location is on 31st Street South which is a north-south corridor in St Petersburg, the site is only 3 blocks from 28th Street South, which is a significant border of the Warehouse Arts District.

The address is also only a few blocks from 5th Avenue South which is a major east-west corridor through the city and the Warehouse Arts District main drag.

The location is within walking distance to many of the Warehouse Arts attractions. The Grand Central District is only minutes away.

Because of the First Avenue South and North corridors, Downtown St Pete is only minutes away, and the beaches are only 13 minutes away.

Both the Interstate and US HWY 19 are only 1 minute away.

The location is simply stellar, The Site is located on the 500 block of 31st Street South at 655 31st Street South.

The location sits just west of the border of the Warehouse Arts District at the intersection of 31st Street South and Fairfield Avenue South.

The location is on 31st Street South which is a north-south corridor in St Petersburg, the site is only 3 blocks from 28th Street South, which is a significant border of the Warehouse Arts District. The address is also only a few blocks from 5th Avenue South which is a major east-west corridor through the city and the Warehouse Arts District main drag.

The location is within walking distance to many of the Warehouse Arts attractions. The Grand Central District is only minutes away.

First Avenue South and North, resulting in Downtown only minutes away, and the beaches only 13 minutes.

Both the Interstate and US HWY 19 are only 1 minute away.

Building Size: 15620sq ft
Lot Size: 0.8 acres

Map of 655 31st Street South, St Petersburg, FL, 33712

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.