PRIME GRAND CENTRAL RETAIL

2545 Central Avenue Saint Petersburg, FL 33713

2545 Central Avenue, Saint Petersburg, FL, 33713
2545 Central Avenue, Saint Petersburg, FL, 33713
FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Sep 27, 2018

Highlights

  • Single-tenant retail
  • Able to be carved into as many as 5 retail bays
  • High ceilings
  • Heart of Grand Central District
  • Excellent on-street parking (non-metered)
  • Rear parking spaces included
  • New roof in 2014
  • No long-term encumbrances
  • New plumbing/pipes
  • Two new A/C units in 2018
  • Owner occupied and able to be delivered vacant!

Description

Rare Commercial opportunity in the heart of St. Pete's vibrant Grand Central District, with over 75' of retail storefront directly on Central Avenue! Currently operated as a single-tenant Retail store at the heart of 'antique row,' this parcel can be utilized as Mixed Use; food & beverage, boutique hotel, office space, live/work space, and more. Exceptional foot traffic and drive traffic at this designated 'Main Street' location (one of only three Main Street districts in St. Petersburg). To the north is Historic Kenwood neighborhood, and to the south, a revitalized Palmetto Park neighborhood. Antique row is adjacent to Grand Central's most popular restaurants and nightlife, ensuring continual growth opportunities. Many recent building upgrades with a solid block foundation, 2545 Central is well located in one of the highest points in Pinellas County (non-flood zone and non-evacuation zone). Come be a part of what makes St. Pete so special, and create your own story in the next chapter of St. Pete's Grand Central District!

This property is located in the heart of the Grand Central District which borders the lovely historic residential district of Kenwood to the north and Warehouse Arts District to the south.


Year Built: 1925
Building Size: 4906.0sq ft
Lot Size: 0.17 acres

Map of 2545 Central Avenue, Saint Petersburg, FL, 33713

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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.