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49th Street Shoppes 1952 49th St S 10,794 SF 82% Leased Retail Building Saint Petersburg, FL 33707 $1,700,000 ($157.49/SF)
INVESTMENT HIGHLIGHTS
- Approx. 10,794 SF freestanding commercial building
- Offered at approx. $162.13 PSF
- Ideal for investors or owner-users seeking value-add opportunity
- Renovations included façade, roof, and exterior improvements
- Priced for a quick close
EXECUTIVE SUMMARY
Freestanding commercial property totaling approximately 10,794 square feet, currently nearly vacant with only a convenience store in operation. The existing tenancy provides interim income while preserving significant flexibility for a buyer to reposition or re-tenant the asset.
The full building underwent renovations in approximately 2016–2017, including updates to the building façade, roof, and select exterior improvements, enhancing both functionality and curb appeal.
Ownership may pursue additional leasing efforts prior to closing; however, buyer preference may be to control leasing and tenant selection post-closing, allowing full discretion over use, layout, and rental strategy.
The property is positioned along a high-traffic corridor with strong visibility, convenient access, and on-site parking. Zoning allows for a wide range of commercial uses, making the asset suitable for retail, service, office, or specialty concepts.
Offered at approximately $162.13 per square foot, the pricing reflects a quick-close opportunity and presents a compelling value-add scenario for both investors and owner-users seeking control and upside in a strong submarket.
The full building underwent renovations in approximately 2016–2017, including updates to the building façade, roof, and select exterior improvements, enhancing both functionality and curb appeal.
Ownership may pursue additional leasing efforts prior to closing; however, buyer preference may be to control leasing and tenant selection post-closing, allowing full discretion over use, layout, and rental strategy.
The property is positioned along a high-traffic corridor with strong visibility, convenient access, and on-site parking. Zoning allows for a wide range of commercial uses, making the asset suitable for retail, service, office, or specialty concepts.
Offered at approximately $162.13 per square foot, the pricing reflects a quick-close opportunity and presents a compelling value-add scenario for both investors and owner-users seeking control and upside in a strong submarket.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,794 SF
Building Class
C
Year Built/Renovated
1960/2016
Price
$1,700,000
Price Per SF
$157.49
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.74 AC
Zoning
ROR-1,St Petersburg
Frontage
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Inner City Advocates
- -
- -
- -
- -
- JB Seafood
- Retailer
- -
- -
- -
- Kings Food Mart
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Inner City Advocates | - | - | - | - | ||
| JB Seafood | Retailer | - | - | - | ||
| Kings Food Mart | Retailer | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1950
- 1,000-2,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1950 | 1,000-2,000 SF | Retail | - | Now |
1950
| Size |
| 1,000-2,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-31-16-02070-000-0010 | Improvements Assessment | $606,014 |
| Land Assessment | $378,986 | Total Assessment | $985,000 |
PROPERTY TAXES
Parcel Number
28-31-16-02070-000-0010
Land Assessment
$378,986
Improvements Assessment
$606,014
Total Assessment
$985,000
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49th Street Shoppes | 1952 49th St S
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