Prime Redevelopment Retail St. Pete - 2 Parcels

6101, 6101 -1/2 & 6111 4th St N. Saint Petersburg, FL 33703

6101, 6101 -1/2 & 6111 4th St N. , Saint Petersburg, FL, 33703
6101, 6101 -1/2 & 6111 4th St N. , Saint Petersburg, FL, 33703
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,700,000
Last Verified:
Jul 22, 2020

Highlights

  • PRIME Redevelopment 4th Street Location for single tenant, drive-thru, 2 to 3 tenant retail strip-center, or Multi-family
  • Current zoning is Mixed Use
  • One-Third Acre & Corner Lot
  • Approved to build up to 4 stories, 48 feet.
  • High Traffic Volume 38,500 + Cars Per Day
  • Excellent Exposure & Visibility

Description

This offering is located in Northern St. Petersburg. It is a prime redevelopment opportunity on 4th Street N for This offering is located in Northern St. Petersburg. Current zoning is Mixed Use. It is a prime location for a redevelopment opportunity on 4th Street N for a single tenant, drive-thru, 2 to 3 tenant retail strip-center, or Multi-family with excellent access and visibility. The property sits on a corner lot at an intersection with high volume traffic. Daily counts were last reported at more than 38,500 cars per day. The property consists of two structures on a combined .33 acre and is in close proximity to downtown St. Pete and neighboring Tampa Bay just a short distance to the east. with excellent access and visibility. The property sits on a corner lot at an intersection with high volume traffic. Daily counts were last reported at more than 38,500 cars per day. The property consists of two structures on a combined .33 acre and is in close proximity to downtown St. Pete and neighboring Tampa Bay just a short distance to the east. Approved to build up to 4 stories, 48 feet.

Located in Northeastern Pinellas county and North of the Historic Saint Petersburg in the Edgemoor district. This property is surrounded by retail, restaurants, and residential and is situated on a corner lot on 4th Street N which is a main artery through the St. Petersburg area. The estimated population is 265,098, making it the fifth-most populous city in Florida and the second-largest city in the Tampa Bay Area, after Tampa. Together with Clearwater, these cities comprise the Tampa–St. Petersburg Clearwater Metropolitan Statistical Area, the second-largest in Florida with a population of around 2.8 million.

The city is often referred to by locals as St. Pete. With an average of some 361 days of sunshine each year, and a Guinness World Record for logging the most consecutive days of sunshine (768 days between 1967 and 1969), it is nicknamed "The Sunshine City."

Building Size: 5440.0sq ft
Lot Size: 0.33 acres

Map of 6101, 6101 -1/2 & 6111 4th St N. , Saint Petersburg, FL, 33703

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.