St Petersburg Cross City Center
1741 16th Street South
Saint Petersburg, FL 33712
Highlights
- Florida Real Estate
- St Petersburg Market
- Retail / Office / Service
- Live / Work Unit
- 16th Street Address
- Income Property
- Under 100K
- Only $55.00 psf
- Absolutely the Lowest Priced
- Building in St Petersburg, Florida
Description
THIS IS "THEE" LEAST EXPENSIVE BUILDING in the city limits of St Petersburg, Florida. St Petersburg Retail & Apartment For Sale.
Our Offering is for an 1800 sf Retail/Office/Apartment Building on a 4,812 sf Lot. The layout consists of a front portion 1200 sf for Retail or Office, plus a 600 sf apartment in the rear. The Apartment is allowable for Section 8 if you wish. This could also be a great Live/ Work scenario for a Tenant/User or Owner Occupied. The Site is on a strip filled with Retail, Restaurants, Services, and Offices. The Pro Forma calculations show a 12% Return. The Site may also be suitable a service industry business like AC Service, small manufacturing like coffee bean roasting, Salon services, and more. Please take note this Commercial Real Estate is only $58.00 per square foot.
St Petersburg Commercial Property / St Petersburg Retail
Location Description: The Site is located on 16th Street South on the west side street at 1741. The Address is located between 17th Ave South and 18th Ave South. 16th Street South is a major North - South corridor and 18th Avenue South is a significance East - West corridor. The Site is only 4 minutes to Downtown St Pete, the Hospitals and the Colleges.
