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1940 7th Avenue South St Petersburg, FL 33712

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For Sale
$1,690,000

Renovated 10,000 SF structure on 2/3 acre lot.

Type:Commercial Sale / Mixed Use
Property size:
11,122 SF
Lot size:
0.67 Acres
Added:
Sep 16, 2022
Days on Market:
1309
Last Refresh:
Mar 13 at 12:35 pm

Property Features for 1940 7th Avenue South

General Information

Standard status
Active
Size
11,122 SF
Lot size
0.67 Acres
Property subtype
Commercial Sale / Mixed Use

Building Details

Year Built
1964

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Listing Contact
Stephen Friese

Listing agent Stephen Friese License #3331488

Listing office KELLER WILLIAMS ST PETE REALTY

Listing date Sep 16, 2022

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS ST PETE REALTY


Overview

Renovated Structure on Large Lot

The offering is for a renovated 10,000 SF structure on a 2/3 acre lot. The building has undergone a significant reconstruction, with plans and mechanicals available. Construction is nearing completion, and the site is being sold As-Is. The property features a large exterior footprint, including a drive-thru carport on the south side leading to one of the two main entrances. The primary parking lot, located in this area, offers over 20 spaces. A paved area in the southeast corner provides additional parking or an outside terrace. The main entrance is on the west side, featuring a canopy with double doors. The north and east sides each have a roll-up door providing access to the warehouse/garage area. The interior has undergone extensive MEP work, with new drywall and finishes. A document detailing over 33 significant improvements is available. The interior floor plan includes multiple open spaces, offices, workspaces, reception areas, a conference room, restrooms, and a warehouse. The site also includes an area with a full bathroom and kitchen, suitable for a live/work arrangement. Potential uses include office, industrial, retail, and multi-family. The current state of the building is suitable for medical use, spa, showroom warehouse, manufacturing & assembly, brewery, food processing, distillery, and restaurant. The site is also a strong candidate for redevelopment into multi-family housing. Zoning is NSM-1/Neighborhood Suburban Multi-Family - 1, allowing 15 units per acre with 6 additional units for workforce housing, potentially allowing up to 10 units plus 4 for workforce housing. The site is located on 7th Avenue South, easily accessible via 9th Avenue South from lighted intersections at 16th Street South and 22nd Street South, and minutes from downtown dining and shopping districts.
Location Intelligence

Current Use by Public Records

Precision Build & Design Construction Company Precision Solar Design Solar Energy Company Precision Builds Futures Charitable Organization

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
St Petersburg
County
Pinellas
State
Florida
Longitude
-82.6596782
Latitude
27.7627423

FAQs

What type of property is this?
Mixed-use property - Renovated 10,000 SF structure on 2/3 acre lot.
Where is this mixed-use property located?
The property is located at 1940 7th Avenue South St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Redevelopment potential: Zoned NSM‑1, allowing up to 10 multi‑family units plus 4 workforce housing units.; **10,000 SF renovated building** suitable for office, industrial, retail, medical, and more.; Prime location on 7th Avenue South, minutes from Downtown dining and shopping districts.
More about this property
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