4961 73rd N ave - Medical FOR SALE


Pinellas Park, FL 33781
$450,000 USD
727-455-2260
4961 73rd N ave, Pinellas Park, FL for Sale
$450,000 USD
Medical - FOR SALE
1/7
null | Request Cap Rate

4961 73rd N ave
Pinellas Park, FL 33781


HIGHLIGHTS

  • Value-Add Commercial Opportunity with Significant Upside Potential
  • Three-Lot Site with Excellent Visibility and Flexible Use Potential
  • Central Pinellas Park Location with Convenient Access to Major Tampa Bay Corridors

OVERVIEW

$450,000 | ±4,107 SF VALUE-ADD OFFICE | ±$110/SF | 3-LOT ASSEMBLAGE Unique opportunity to acquire a ±4,107 SF former professional office building on three assembled lots totaling approximately 150' x 130' (±19,500 SF) in a highly central Pinellas County location, just one block from 49th Street & Park Boulevard. The building was formerly a dental office in Clearwater and was relocated to this site as a modular office building. Ownership previously obtained an approved site plan, but shifted its attention to another project and the permits have since expired. For an owner-user or value-add investor, the opportunity is straightforward: purchase more than 4,100 SF of existing office structure for approximately $110/SF and complete the renovation to your specifications. The building has good bones but needs work, including a new roof, termite treatment/remediation, drywall repairs, flooring, paint and general interior finishes. Current contractor repair estimates are available. To complete the property for office occupancy, buyer should anticipate obtaining updated site approvals and completing the parking area, landscaping, sewer connection and Certificate of Occupancy requirements. Don't need the office building? The modular structure also provides a relatively straightforward removal option, leaving an assembled ±19,500 SF infill site for redevelopment. Ownership believes the zoning may provide flexibility for additional commercial uses, potentially including outside storage, mixed/flex-type uses and related business applications; buyer should independently verify intended use and zoning requirements with the appropriate governmental authorities. The location is particularly well suited for businesses needing access to the entire Pinellas market. 49th Street and Park Boulevard are approximately one block away, providing convenient access to St. Petersburg, Clearwater, Tampa and the Gulf Beaches. The surrounding area provides a substantial labor pool and nearby public transportation, making the property worth considering for professional offices, service businesses, administrative operations, call-center/back-office users and similar employment-intensive uses. Offered AS-IS at $450,000. Seller may consider financing for a qualified buyer. This is a property with a story—and an opportunity for the next owner to finish it. Rehab the existing 4,107 SF office at a low acquisition basis, repurpose it for your business, or remove it and start with the land. Broker/owner. Easy to work with, quick decisions, and open to discussing creative deal structures.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,532 SF

ZONING

-

APN/PARCEL ID

28-30-16-53406-000-0340,28-30-16-53406-000-0350,28-30-16-53406-000-0360

ASK ABOUT THIS PROPERTY

Mark TongTracey Reynolds BrunettoMore Info
727-455-2260

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Mark TongTracey Reynolds BrunettoMore Info
727-455-2260

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