ROYAL PALM INTERCHANGE

Highlights

• Super Extraordinary Find
• Owner's Financing
• Hard Retail Corner
• Interstate Vincity
• Florida Opportunity
• St Petersburg Market
• Near Downtown & The Trop
• 5th Avenue North Address
• Extreme Street Exposure
• Great Signage
• Decent Parking

Description

Super Extraordinary Find
Owner Financing
Hard Retail Corner
Interstate Vicinity
ROYAL PALM INTERCHANGE

Our Offering is for a Commercial Corner for Sale or Lease. The location is simply superior. The Site sits on the northwest hard corner of 5th Avenue North and 16th Street. The interstate is only 30 seconds away, and Central Avenue and The Trop are only 2 minutes away.

Owner's Financing - Two years' interest only / 4.5% Fixed / $100,000 Down / 5-year balloon.

Our Offering is for a free-standing building of 2,448 SF, with a land mass of 4,500 SF. The structure has multiple rooms and many features. The building is currently in the midst of renovation as we speak.

The Zoning is CR-1, which allows for office, limited retail use, and multi-family. The site has strong signage and street exposure with 40,000 cars per day. There are 10 parking spaces MOL.

There is an Assemblage Redevelopment play here to assemble between 22,500 SF to 31,500 SF. There is speculation that one could put a smaller version of a gas station at this location, which in turn would be the closest and best gas outlet just a few feet from the interstate. This could be one of the highest-volume stations in the city. The site would have to be rezoned.

LOCATION DESCRIPTION: The Location is superb - located on 5th Avenue North on the 1600 block at 1601 5th Avenue North. The site is on the northwest hard corner of the lighted intersection of 5th Avenue North and 16th Street North.

5th Avenue North is a major east-west corridor in St Pete that runs from Tampa Bay to the Beaches. 16th Street North is a very important north-south corridor that runs the whole length of St Petersburg.

The site is onlya few blocks from St Anthony's Hospital, and also only one minute to the Interstate, only 3 minutes to downtown, John Hopkins, and Bayfront Medical.

The interstate enables the property address to be only 15 minutes to Tampa and Tampa International, plus only 11 minutes to the beaches.

Please consider contacting leading Leasing Agent Jonny Reno La Budde * 727-510-1921 / LaBuddeReno@aol.com

ZONING - CRT-1 = https://library.municode.com/fl/st._petersburg/codes/code_of_ordinances?nodeId=PTIISTPECO_CH16LADERE_S16.20.060CORETRDICR

LOCATION DESCRIPTION: The Location is superb - located on 5th Avenue North on the 1600 block at 1601 5th Avenue North. The site is on the northwest hard corner of the lighted intersection of 5th Avenue North and 16th Street North.

5th Avenue North is a major east-west corridor in St Pete that runs from Tampa Bay to the Beaches. 16th Street North is a very important north-south corridor that run the whole length of St Petersburg.

The site is onlya few blocks from St Anthony's Hospital, and also only one minute to the Interstate, only 3 minutes to downtown, John Hopkins, and Bayfront Medical.

The interstate enables the property address to be only 15 minutes to Tampa and Tampa International, plus only 11 minutes to the beaches.

Please consider contacting leading Leasing Agent Jonny Reno La Budde * 727-510-1921 / LaBuddeReno@aol.com