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Property summary
This 2,724 sq ft warehouse, built in 1923, sits on a 3.87-acre lot in St. Petersburg, Florida's Warehouse Arts District. Zoned for commercial and industrial suburban use, it offers significant redevelopment potential. The property boasts a partially renovated interior, including a new roof and some electrical and plumbing upgrades. City approval exists for two commercial units downstairs and one residential unit upstairs, making it ideal for a live/work scenario. Located at 2826 Fairfield Avenue South, 33712, this property is near major thoroughfares, including 28th Street South and 5th Avenue South, offering easy access to the interstate and US Hwy 19. Its prime location within walking distance of Warehouse Arts District attractions and the Grand Central District presents a unique opportunity. The building's history as Nixon's Hi-Hat, a renowned jazz club, adds to its character and appeal. This federally designated Opportunity Zone property offers substantial tax advantages for investors. Potential uses include a cafe, bar, store, studio, warehouse, workshop, showroom, or service business. The asking price is $525,000.
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Property description
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