Presenting a rare opportunity to acquire The Paramount Executive Offices, a distinguished two-story office property in downtown St. Petersburg. Built in 1938, this property blends historic charm with contemporary functionality, creating an impressive work environment in a thriving urban setting.
Spanning approximately 13,900 square feet, the building offers over 40 individual offices, a refined reception lounge, elegant conference room, and top-tier kitchen and break areas. This flexible layout accommodates single-tenant or multi-tenant configurations, ideal for corporate headquarters, professional firms, or creative offices. The seller is willing to lease back up to half of the space, providing investors with immediate occupancy income and operational stability.
Located at the corner of 1st Avenue North and 8th Street, the property enjoys excellent visibility and walkability scores near cultural venues, galleries, waterfront parks, and a vibrant culinary scene. Quick access to I-275 and major arterials ensures regional connectivity, while proximity to Tampa International Airport expands business reach. With zoning that supports office use and potential redevelopment considerations, this asset offers versatility for owner-users and investors seeking a signature property in a booming market.