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1506 54th Ave N
Saint Petersburg, FL 33703
Hillside Center | 100% Occupied Retail Plaza · Retail Property For Sale
Investment Highlights
- Acquire Hillside Center, a fully renovated and 100% occupied retail/office strip center with strong upside potential at a 7.2% cap rate.
- Turnkey investment opportunity with a new roof, modernized HVAC systems, NNN lease potential, and exceptional tenant mix.
- Coveted CCS-1 zoning allows a wide range of high-value commercial uses, including a restaurant conversion with a drive-thru addition.
- Exceptional St. Petersburg location between Interstate 275 and US Highway 92 with exposure to over 27,000 vehicles per day.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,960 SF
Building Class
C
Year Built
1957
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.38
Lot Size
0.42 AC
Zoning
CCS-1 - CCS-1 zoning, allows for restaurant, drive through facility, bank with drive through, microbrewery, office, retail, studio, health club, etc
Parking
30 Spaces (4.31 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Freeway Visibility
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 01-31-16-15009-001-0010 | Improvements Assessment | $312,144 |
| Land Assessment | $222,856 | Total Assessment | $535,000 |
Property Taxes
Parcel Number
01-31-16-15009-001-0010
Land Assessment
$222,856
Improvements Assessment
$312,144
Total Assessment
$535,000
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