1501 5th Ave N
Saint Petersburg, FL 33705
Property For Lease

Very rare building near downtown St. Petersburg, and the neighborhoods of NE St. Petersburg including but not limited to Historic Old NE, Snell Isle, Beach Drive etc. This building was designed as an office building from it's inception. Many smaller office buildings in St. Petersburg are converted homes. Meaning, the buildings were not designed as office, they were designed as homes, and then converted to offices. There is NO comparison between a purpose built office building and a building that was converted from a home. Most converted homes, and for that matter, smaller office buildings, have small parking lots. This building has close to 50 parking spaces. That equates to a parking ratio of over 10 spaces per 1,000 Sq. Ft. There are VERY FEW small "free standing" buildings for lease in St. Petersburg. Most tenants looking for a smaller space have no choice but to rent in a multi tenant building, often in a mid-rise building with elevators and parking garages. If there is a smaller free standing office building available, the building will often be very strapped for parking and the building will be of extremely marginal quality. Even though owner desires to renovate and retain ownership, Building can be purchased "as is" by Buyer (versus rented).