The property features a spacious open interior with high ceilings, allowing users to easily adapt the layout for a wide range of concepts including boutique fitness studios, wellness clinics, medical or med spa practices, specialty retail, showroom concepts, or professional offices. The current configuration also lends itself well to dividing the space, making it attractive for an owner-user who may occupy the majority of the building while leasing a smaller portion to offset expenses. This structure can be particularly advantageous for buyers pursuing SBA financing, where owner occupancy can unlock favorable lending terms.
From a visibility and access standpoint, the property performs exceptionally well. Located directly along North 4th Street, one of St. Petersburg’s primary north-south commercial corridors, the building benefits from strong daily traffic counts and excellent frontage exposure for signage and brand visibility. Two curb cuts from 4th Street provide convenient entry, while alley access in the rear and a large on-site parking field with approximately 22 spaces create easy circulation for customers and employees.
The property is zoned CCS-1 (Corridor Commercial Suburban), allowing for a wide variety of commercial uses including retail, professional office, medical, personal services, and experiential concepts. This zoning flexibility, combined with the building’s adaptable interior, makes the property highly functional for both growing businesses and investors seeking a versatile commercial asset.
Beyond the property itself, the surrounding North 4th Street corridor is experiencing continued residential and mixed-use growth, reinforcing long-term demand for neighborhood-serving retail, medical services, and wellness-oriented businesses. Nearby developments include Terraces at 87th, a new upscale townhome community, as well as the planned North 4th Street / Gandy redevelopment, a 39-acre mixed-use project expected to introduce new apartments, restaurants, marina access, and retail activity to the area. These projects, combined with the established residential neighborhoods surrounding the corridor, continue to strengthen the area.