$1,500,000

7024 Central Avenue Saint Petersburg, FL 33707 Commercial - Office Active

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Description

NOW AVAILABLE! 7024 Central Avenue presents a compelling owner-user and investment opportunity along St. Petersburg's highly desirable West Central Avenue corridor. This two-story, 4,960-sqft Class B office building combines timeless character with a versatile professional office layout. The second floor is largely occupied by professional office tenants, providing an incoming owner with in-place rental income, with only one upstairs suite currently available. The owner's company presently occupies much of the first floor and plans to relocate, creating an excellent opportunity for a buyer to occupy nearly the entire first floor while continuing to collect rent from the upstairs tenants. Alternatively, an investor may lease the first-floor offices individually and reposition the property as a fully income-producing, multi-tenant office asset. The building features high ceilings, beautiful wood flooring, abundant natural light, a welcoming lobby, private offices, open workspace areas, a conference room, kitchen/breakroom, restroom facilities, central air conditioning, wheelchair-accessible entry, and rear stair access to the second-floor suites. Parking is a major advantage, with 16 total spaces consisting of 12 onsite spaces and four additional spaces directly behind the building across the alley. The property is conveniently located near Treasure Island Beach, Pasadena, Park Street, Tyrone, established residential neighborhoods, restaurants, shops, and other professional businesses. With existing tenants, near-term first-floor availability, an updated professional buildout, ample parking, and a highly visible Central Avenue location, this property offers multiple possibilities for an owner-user, value-add investor, or buyer seeking a diversified multi-tenant office investment. Showings are available by appointment. Please do not disturb the existing tenants.

Property Highlights

Property Type: Commercial - Office
Cooling: Central Air
Heating: Central
Lot Size: 0.18 Acres
Roof Type: Built-Up
Stories: 2.0
Taxes: $17,429
Year Built: 1922

General Information

County: Pinellas
Listed By:
Zach Lewis LEVEROCKS REALTY 727-432-6852

Property Features

Building: Bathrooms, Columns, Reception, Stone Counter, Waiting Room
Directions: Central Avenue between 70th St S and 71st St S
Exterior: Block, Stucco, Frame
Flood Zone Code: X
Flooring: Carpet, Other, Tile
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash
Lot: City Limits, Sidewalk, Street Lights
Lot Dimensions: 0.18
Number of Offices: 16
Number of Restrooms: 4
Ownership: Fee Simple
Parking: Ground Level
Parking Notes: Ground Level
Property Attached Y/N: No
Property Sub-Type: Office
Sale Includes: Building(s) and Land, Leases
Security: Security System
Sewer: Septic Needed
Showing Instructions: Appointment Only, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: CCT-1
$1,500,000
New to the Market Active
SQUARE FEET5,516 MLS#TB8531043
STATUSActive PROPERTY TYPECommercial - Office

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7024 Central Avenue , Saint Petersburg, FL 33707.

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