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Property Description

Pleased to offer this 20,500 sf Redevelopment Site directly on Dr. Martin Luther King St. in Saint Petersburg: 2 Freestanding commercial buildings for sale with great visibility. These two adjacent properties are located on South Dr. Martin Luther King Jr. with great road exposure and plenty of possibilities ideal for any retail, restaurant or office use. These 2 parcels sit on a highly visible 20,500 sf lot boasting one block constructed 3,412 SF freestanding office building and one block constructed 2,994 SF freestanding retail building. There is onsite parking, the property is fenced and secured. Zoned CG, the property is ideal for a variety of commercial uses. The properties are in close proximity to numerous restaurants, retail establishments and schools and can be used as a Retail Storefront, Neighborhood Tavern, Lounge, Restaurant, Gallery, Café, food truck location, Office and Countless other types of similar businesses. The potential is unlimited- a Neighborhood Grocery Store or Community Center would flourish here as well! rnPurchase this redevelopment site and be part of the amazing growth that is happening in Saint Petersburg :: Future development of the area is allowing for numerous retail and office opportunities to be built up and down this heavily travelled corridor :: Current traffic counts exceed 15,700 VTD pass this location! Call Today for Your Showing!rnrnINVESTMENT HIGHLIGHTSrnAMAZING frontage, visibility and access rnDirect Dr. Martin Luther King Jr Street frontagernQuick access to and from Tampa, St. Petersburg beaches, DowntownrnIdeal for owner/user or developer creative conversionrnSituated in a rapid growth arearnHighest and best use: Redevelopment, Retail or Professional OfficernStrong surrounding population of 99,660 residents within 3 miles of the propertyrn Fantastic value-add potentialrnAverage HH Income Exceeds $52,000 within 3-Mile RadiusrnSurrounding neighborhood businesses include: Meat house, Badcock Furniture, Mair’s Grocery, Rjax FoodmartrnThe area is exploding with new commercial development and residential growthrnOPPORTUNITY ZONED QUALIFIED- providing long-term tax benefits to the developer/investors

Features
Central Air
Address Map
FL
Pinellas
ST PETERSBURG
33705
2300 DR MARTIN LUTHER KING JR STREET S
0
W83° 21' 13.6''
N27° 44' 50''
From Downtown Tampa: take I-275 south towards St. Petersburg, exit on 22nd Ave s., turn left on 22nd Ave S., turn right on Dr. Martin Luther King Jr. St.
WELSHS LAKEVIEW
Additional Info
FLORIDA COMMERCIAL GROUP
Tina Marie Eloian
Block
285
Slab
266000122
780013
1
City Street
1
$2,481
2021
COMMERCIAL
09/28/2022 16:25:52
266000122
10/04/2023
$750,000

2300 DR MARTIN LUTHER KING JR STREET S, ST PETERSBURG, Florida 33705

2300 DR MARTIN LUTHER KING JR STREET S, ST PETERSBURG, Florida 33705

6,406 Sqft
$799,000
Listing ID #T3405258
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : T3405258
Price : $799,000
Square Footage : 6,406 Sqft
Year Built : 1954
Lot Area : 20,000 Sqft
Standard Status : Closed
Building Area : 6,406 Sqft
MLS Status : Sold
Property Type : Retail
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