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695 Central Ave
Saint Petersburg, FL 33701
695 Central Avenue, St. Petersburg, FL · Retail Property For Sale
Investment Highlights
- Strong national & successful local tenants including Melting Pot, IMAGE Studios and Southern Grounds Coffee
- All of the current tenants have new 10-year NNN leases,, all featuring two 5-year renewal options
- The property is in the heart of downtown St. Petersburg, a highly desirable location with opportunities rarely becoming available to investors
- Possibility for an end user acquisition with income
- Each lease has 10% increases every 5 years through the original term and option periods
- 101,137 population within a 3-mile radius
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
17,760 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1923/2024
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.94
Lot Size
0.21 AC
Zoning
DC-1 - Downtown Center
Frontage
Property Taxes
| Parcel Number | 19-31-17-34218-000-0020 | Improvements Assessment | $607,183 |
| Land Assessment | $1,632,817 | Total Assessment | $2,240,000 |
Property Taxes
Parcel Number
19-31-17-34218-000-0020
Land Assessment
$1,632,817
Improvements Assessment
$607,183
Total Assessment
$2,240,000
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