5701 Central Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30397430
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 4,920 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $595,000
Unit Price: $120.93 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/23/2019

Overview / Comments

This 4,920± square foot building is along on a main thoroughfare in a busy retail area near downtown St. Petersburg, one of the most active areas of the Tampa Bay region.

Currently operating as a cafe with two residential units, 5701 Central Avenue is an excellent investment opportunity with income generating tenants in place. It also offers great potential for an owner/user seeking a place to house its own business.

Just minutes from the beach and downtown St. Pete, the property benefits not only from its location, but also from high visibility, signage, off-street parking, and flexible zoning.

OWNER FINANCING CONSIDERED

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 16 31 21 14454 010 0150
Highway Access: Easy access to US Highway 19 N and I-275
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1972
Construction/Siding: Block
Parking Type: Surface
Zoning Description: CRT-1, Corridor Residential Traditional; City of St. Petersburg
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,935 124,673 301,026
Median Age: 42.86 44.21 44.37
Households: 7,626 55,362 135,434

Contact

Photograph of Listing Agent

Anthony P. Marzulli, CCIM, SIOR

Colliers International Tampa Bay Florida CE-FL Member
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