This property presents a compelling investment opportunity in one of Saint Petersburg’s most active commercial corridors. Located on heavily trafficked Central Avenue, the building benefits from daily exposure to over 15,600 vehicles and is situated in a high-elevation Flood Zone X area. A recently executed 36-month lease at $4,000 per month ensures immediate, reliable income and an attractive 6.08% cap rate, making it an excellent option for investors and 1031 exchange buyers.
The property spans 1,496 square feet and features five private offices, two bathrooms, a kitchen, conference room, and a waiting area, providing functional workspaces for professional users. Recent renovations have modernized the interiors and enhanced curb appeal, ensuring long-term tenant retention. Additional amenities include stand-alone signage for brand visibility, on-site parking with nine spaces, and extra storage space.
Offering proximity to key Saint Petersburg districts, public transportation, and major roadways, this asset combines stability, accessibility, and future appreciation potential in a thriving business environment.