888-966-4820
2342 Emerson Ave S, Saint Petersburg, FL for Sale
Manufacturing - FOR SALE
1/16
null | Request Cap Rate

NEW


2342 Emerson Ave S
Saint Petersburg, FL 33712
Kenwood


HIGHLIGHTS

  • Prime Location
  • High Visibility
  • Flexible Zoning
  • Redevelopment Potential
  • Existing Improvements
  • Transit-Oriented

OVERVIEW

Prime Redevelopment Opportunity in St. Petersburg’s Warehouse Arts District Positioned at the heart of St. Petersburg’s cultural corridor, this off-market portfolio presents a rare chance to own a highly visible site with 420 feet of direct Pinellas Trail frontage. The property includes two functional buildings totaling 11,859 SF on .82 acres, offering immediate usability with exceptional redevelopment potential. Zoned IMIX with SunRunner TEC-Local Overlay, the site allows for a broad range of creative industrial, mixed-use, and cultural concepts—whether it’s culinary, hospitality, live/work, or gallery space. With a base FAR of 2.0 and bonuses up to 5.0, investors and developers have a unique opportunity to maximize value. Located steps from the SunRunner BRT station, the property benefits from multimodal access and sits within a thriving neighborhood where arts, culture, and community meet growth and investment. Highlights: —35,653 SF (.82 acres) with 420 FT of trail frontage —Two existing structures: 7,812 SF concrete + 4,047 SF metal —IMIX zoning with flexible redevelopment options —Bonus-eligible FAR up to 5.0 —Strong demographics and cultural draw in surrounding area —Off-market, discreet offering with seller open to financing, JV, or leaseback This is more than a property, it’s a transformative opportunity for a buyer who sees beyond square footage to shape the future of St. Petersburg’s Warehouse Arts District. —Ownership has not established an asking price and will consider all qualified proposals— Submission Guidelines: Interested parties are invited to submit their best and final offers by the initial deadline noted below. Offers should include: -Purchase price and key business terms -Concept and viability -Proposed due diligence and closing timeline -Capital source and track record of comparable acquisitions ***Do not disturb Tenants***

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DMG Art Gallery

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.82

LAND SF

35,719

ZONING

IMIX

APN/PARCEL ID

23-31-16-38628-007-0050,23-31-16-38628-007-0090

ASK ABOUT THIS PROPERTY

Mackinley AutreyThe Outlier GroupMore Info
888-966-4820

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Mackinley AutreyThe Outlier GroupMore Info
888-966-4820

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