Arts Warehouse Live Work

427 24th Street South Saint Petersburg, FL 33712

Saint Petersburg
FOR SALE
Property Type:
Other Industrial
Amount:
$269,000
Last Verified:
Oct 31, 2023

Highlights

  • Off Market
  • Florida Opportunity
  • Tampa Bay Metro
  • St Petersburg Market
  • Warehouse Arts District
  • 5th Avenue South Address
  • Work / Live Potential
  • Showroom / Warehouse
  • Multi-Family Option
  • Industrial Zoning
  • Great Signage Potential
  • Parking Available

Description

OFF MARKET
Arts Warehouse Scarcity - Rarely is there Land and a Structure available in this very desirable area. Our Offering is for a two-story building, which is 2125 sf. , on a land mass of 6350 sf. The current use is multi-family - two units but may be able to be transformed into four. The Zoning is Industrial Traditional which could inspire one to create a Live/Work scenario with warehouse, office, workshop on the bottom and living quarters, office on the top. The Building sits interestingly on the northern part of the lot which may lend to constructing an additional building on the vacant southern part of the lot and paving the northern part for parking. The Site may also be completely developed from scratch with the scraping of the current building. The Site is prime for building a new warehouse and office or Artist Studios or a row of Live/Work Units. The lot across the street to the east is being developed as a contractor's headquarters. The building may be worth restoring because it is an older structure being built in 1915 before St Pete's Boom. The building also appears to have had once a retail element on the bottom floor. There is less than 5 Sites available in the Arts Warehouse District and this Agents represent 4 of them.
Please consider contacting JonnY RenO La Budde - Commercial Real Estate Confidant - 727-510-1921 - LaBuddeReno@aol.com

Location Description: The Address is on 5th Avenue South between 24th Street South and 25th Street South in the core of the Arts Warehouse District. Fifth Avenue South is a significant east-west corridor that runs the length of the city. It is also the main artery of the Arts Warehouse District. This district is a very unique area being close to downtown but the district also abuts the Grand Central Shopping & Dining, The Edge District and a couple blocks from the famed Kenwood Neighborhood.


Year Built: 1915
Building Size: 2125sq ft
Lot Size: 0.15 acres

Map of 427 24th Street South, Saint Petersburg, FL, 33712

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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."

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