Grand Central Retail/Redevelopment Opportunity

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30803069
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Status: Pending
Building Size (RSF): 6,279 SF
Gross Building Area: See Agent
Gross Land Area: 9,000 SF
Sale Price: $2,300,000
Unit Price: $366.30 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 6,279 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/8/2022

Overview / Comments

Ned Willis, Broker - nwillis@vectorrealty.com - 727-823-1230, ext. 230

Vector Commercial Real Estate is pleased to offer for sale two one-story retail or mixed use redevelopment buildings located in the heart of the Grand Central District on Central Avenue. The properties total 6,279 square feet and are surrounded by a mix of retail, urban residential, entertainment, office and redevelopment. The property offers the buyer the opportunity to rehab the existing buildings or develop the site with a multi-story mixed-use building. This is one of very few properties available in the walkable and vibrant Grand Central District.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 16 31 23 35082 023 0030
Zoning: CCT-2
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: 26th and 27th Streets
Property Visibility: Excellent
Highway Access: I-275, US-19
Airports: TPA, PIE
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Fair
Year Built: 1952
Parking Ratio: 1.5 (per 1000 SF)
Parking Type: Surface
Parking Description: 1.5/1,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,837 148,655 290,419
Median Age: 35.05 41.24 43.43
Households: 6,020 65,309 128,398

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