4801 66th St N - Retail FOR SALE


Kenneth City, FL 33709
$1,700,000 USD
813-995-1592
4801 66th St N, Kenneth City, FL for Sale
$1,700,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

4801 66th St N
Kenneth City, FL 33709


HIGHLIGHTS

  • 7,112 square foot commercial building with wide open floor plan, 12+ ft ceilings, 0.77 acres
  • CG-2 Zoning allows for office and numerous commercial/retail/medical/professional uses (used as auto parts stores for @30 years)
  • Located in Flood Zone X, 273 feet of frontage on 66th Street with access from N & S bound traffic, 3 entrances, 45,000 vehicles per day
  • 28 lined parking spaces, approximately five additional unlined spaces, and two ADA spaces
  • Billboard lease pays $7,500 per year through May 31, 2028, then increases to $8,250 per month until expiration on December 31, 2028

OVERVIEW

Bridgewater Commercial is pleased to present this exceptional opportunity to acquire a well-maintained 7,112 square foot commercial building on a 0.77-acre parcel with prime frontage and outstanding visibility along 66th Street North in Kenneth City, Florida. Located in Flood Zone X, the property features 273 feet of frontage on this heavily traveled six-lane arterial roadway carrying over 45,000 vehicles per day, delivering excellent exposure for any retail, service, or commercial operation. Originally built at 4,000 SF, the owner expanded the building in 1997 by an additional 3,000 SF to support the growth of a long-term tenant. Constructed of durable concrete block with ceiling heights of 12+ feet, the building offers a wide-open floor plan that provides maximum flexibility. It includes two restrooms and three 7.5 ton (reported) roof-mounted HVAC units. The original 4,000 SF portion formerly featured two large windows facing 66th Street that could be reopened to enhance natural light and street presence. The owner has a professional commercial roofing company inspect the built up asphalt/bitumen gravel roof every year, and it is reported to be in great condition. The site includes 28 lined parking spaces, approximately five additional unlined spaces, and two ADA-compliant spots, plus three separate entrances for convenient access from both north and southbound 66th Street as well as 48th and 49th Avenue North. The southern parcel has been under the same ownership since 1970 and the northern parcel since 1997, reflecting decades of stability and care. This long-term ownership, combined with the building’s expansion history and proactive maintenance, speaks to the quality and adaptability of the asset. Zoned General Commercial in Pinellas County, the property allows a wide range of retail, automotive, service, and professional uses. It is connected to Pinellas County sewer, St. Petersburg water and Duke Energy (single-phase electric service). The building has been continuously occupied by auto parts retailers for over 30 years, demonstrating strong long-term demand and proven suitability for high-visibility retail and service businesses in this market. The current tenant will be fully vacated by April 17, 2026, allowing for immediate occupancy or re-leasing. In addition to the main building, the property generates supplemental income from an existing on-site billboard lease in place through December 31, 2028. The lease currently pays $7,500 per year through May 31, 2028, then increases to $8,250 per month until expiration on December 31, 2028. OutFront Media owns the billboard and structure. They are responsible for removal at the end of the lease, though it is likely that the lease may be extended. Payments are made annually on June 1st. Located immediately north of the fully redeveloped 120,000 SF shopping center at 4501–4571 66th Street North (approximately 0.3 miles south), the property benefits from a vibrant, modern retail plaza now anchored by Sprouts Farmers Market (opened 2023), At Home, and Five Below, along with Tidal Wave Car Wash (2025) and a proposed Starbucks drive-thru at 4519 66th Street North. This high-visibility redevelopment has brought national tenants and fresh capital to the 66th Street corridor, driving increased traffic and consumer activity in the densely populated Kenneth City market. Immediately southeast is Plaza 66, anchored by Gabe's Discount store and multiple other tenants including Family Dollar and Cici's Pizza. RaceTrac, Taco Bell, Dunkin Donuts, and Harbor Freight are also located with 0.3 miles to the south. The property offers an ideal setting for an owner-user, investor, or developer seeking a versatile, income-producing commercial asset with strong fundamentals, flexible zoning, generous parking, excellent exposure, and immediate availability. In a proven retail corridor supported by sustained area growth and infill investment, this solid, functional property represents a rare opportunity in today’s market. Permitted Uses In a CG-2 General Commercial District (From the Kenneth City Municode, ALWAYS check for updates and to confirm): a. Interment uses limited to: Funeral homes b. Office uses limited to: Real estate Travel agencies Medical, dental, and eye doctors, including other similar health-related professions Professional services, including accountants, lawyers, architects, engineers, and similar professions Brokerage houses Financial institutions Studio schools, such as art, sculpture, dance, pottery, and similar instruction Automotive service facilities, excluding body repair and painting Office reproduction services Similar facilities related to office uses c. General commercial uses limited to: Barbershops and beauty parlors Laundry and dry-cleaning pickup facilities Shoe repair Tailors Pharmacy Bakery (selling at retail on premises) Hardware store Florist Food stores Restaurants Variety stores, sundries Stationery, books, tobacco shops Financial institutions Novelty stores Television and appliance stores (sales and service) Department store Furniture store Specialty shops: men’s, women’s, children’s clothing, shoes, and similar apparel items Photographic supplies and studio Sporting goods store Antique shop Gift shops Fast-food service, snack bars (non-drive-in) Drugstore Supermarket Sale of intoxicating beverages, regardless of alcoholic content, for consumption on- or off-premises Similar general commercial uses d. Outdoor storage commercial uses limited to: Shops and offices for contractors and building trades Garden supplies and plant nurseries e. Commercial recreation uses limited to: Billiard and pool halls Bowling alleys Health clubs Gymnasiums Miniature golf courses Amusement arcades Movie theaters f. Institutional uses limited to: Public and private schools of general and special education Hospitals and nursing homes Churches, synagogues, and other places of worship g. Drive-in commercial uses limited to: Drive-in food and drink Gas and service stations Marinas and marine repair facilities h. Government/public service uses limited to: Police station Fire station Library Post office City hall Limited similar public service or government-oriented uses involved with federal, state, or local governments

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,817 SF

ZONING

CG-2

APN/PARCEL ID

05-31-16-39618-002-0010,05-31-16-39618-002-0030

ASK ABOUT THIS PROPERTY

Shane BillingsBridgewater Commercial Real EstateMore Info
813-995-1592

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

Shane BillingsBridgewater Commercial Real EstateMore Info
813-995-1592

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