579 27th St S - Light Manufacturing FOR SALE


Saint Petersburg, FL 33712- Kenwood
$1,850,000 USD
239-272-7006
579 27th St S, Saint Petersburg, FL for Sale
$1,850,000 USD
Light Manufacturing - FOR SALE
1/13
null | Request Cap Rate

579 27th St S
Saint Petersburg, FL 33712
Kenwood


HIGHLIGHTS

  • Address & Site Size: 579 27th St S plus two adjoining parcels, totaling 0.58 acres
  • Existing Building: ±2,000 SF modernized existing warehouse
  • Zoning: I-T (Industrial Transitional with multifamily development potential through the Live Local Act
  • Expansion Plans: Approved architectural renderings to add 12,000 SF warehouse
  • Located in the center of the Warehouse Arts District with easy access to I-275 and downtown St. Petersburg

OVERVIEW

579 27th St S, together with five adjoining parcels totaling 0.61 acres, presents a rare turnkey opportunity in St. Petersburg’s vibrant Warehouse Arts District. The existing 2000 SF of open-plan space has been fully modernized—featuring polished concrete floors, exposed ductwork, gallery-grade track lighting, and custom industrial-boutique finishes—and has most recently served as a creative space and most recently house a custom building company. Zoned I-T (Industrial Transitional), the site accommodates creative studios, light manufacturing, showrooms and flex uses. This site is also eligible for multifamily development through the Live Local Act. Architectural renderings are already in hand to add 12,000 SF of high-bay warehouse, bringing total building area to 14,500 SF, and enabling a fast-track expansion. Ideally situated on a quiet, tree-lined block a mere two blocks from the brand new St. Pete Athletic Club as well as galleries, design studios, pop-up retailers and café incubators, with easy access to I-275, downtown St. Pete, and ample street parking, this property offers significant value-add upside in one of the region’s hottest creative quarters.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$964 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.61

LAND SF

26,572

ZONING

IT

APN/PARCEL ID

23-31-16-17298-008-0050

ASK ABOUT THIS PROPERTY

Jake WollmanKW Commercial Tampa BayMore Info
239-272-7006

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Jake WollmanKW Commercial Tampa BayMore Info
239-272-7006

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