1624 4th St S - Warehouse FOR SALE


Saint Petersburg, FL 33701- Old Southeast
$2,750,000 USD
727-364-6347
1624 4th St S, Saint Petersburg, FL for Sale
$2,750,000 USD
Warehouse - FOR SALE
1/21
null | 7.25% Cap Rate

NEW


1624 4th St S
Saint Petersburg, FL 33701
Old Southeast


HIGHLIGHTS

  • Waterfront
  • Multiple Streams of Income
  • Close to Downtown St Petersburg Fl

OVERVIEW

This three building, 10 unit, 18,000 +/- sqft property is a rare find in the St Petersburg area. Located directly on 4th St S to the front and Salt Creek to the back makes this a very high-profile opportunity. This waterfront property has been updated and is almost fully occupied. With little to no immediate competition in the area this property will be a strong asset for years to come. The concrete block construction and multiple streams of income makes this gem a worry-free investment opportunity for both a hands off investor or owner user. Pinellas county is the most densely populated county in the state of Florida with Clearwater being one of the top 5 tourist destinations in the state. Gross increases in population and economic climate make Clearwater and Pinellas County one of the fastest growing and most stable municipalities in Florida. Honeywell, Duke Energy, Bank America and General Electric all have regional headquarters in the area along with the Tampa Bay Buccaneers, Rays, Lightning and rowdy’s professional sports teams.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19

LAND SF

8,276

ZONING

IC

APN/PARCEL ID

30-31-17-03294-008-0031

ASK ABOUT THIS PROPERTY

Jay PhillipsJay Alan Real EstateMore Info
727-364-6347

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Jay PhillipsJay Alan Real EstateMore Info
727-364-6347

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.