Property Attributes
- MLS#U8232116
- TypeCommercial
- CountyPINELLAS
- CityST PETE BEACH
- AreaPass a Grille Bch-St Pete Bch-Treasure Isl
- NeighborhoodSt Petersburg Beach Rep
- Zip33706
- StyleRetail
- Year Built1983
- Taxes$ 13900
- Price$ 1,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3060
- Lot Size0.46 Acres
Data Source:
Stellar MLS
Property Description
Highly sought after St. Pete Beach retail complex for sale, prime store front, fully rented with solid cash flow. The center consists of 2 units in a well-maintained building on nearly 1/2 acre. Both units are 1,530 SF under lease to long-term and successful local restaurant tenants. The established tenant at 7612 Blind Pass Road is Nori Thai. They offer a variety of Thai specialties and sushi for lunch and dinner. Nori Thai has been voted “Best of the Beaches” for 8 straight years while at this location. The Nori Thai lease was renewed in 2022 and runs through January of 2028. The tenant at 7618 Blind Pass Road is also a long-term and established restaurant. Riptides is a popular local hangout known for their casual inviting atmosphere and great cocktails. The Riptides lease is up for renewal in September of 2024. The tenants and their customers enjoy convenient access and ample parking with over 30 parking places on the .5 acre lot. The location provides great exposure fronting on Blind Pass Road at the intersection of 77th Avenue in the heart of St. Pete Beach. Immediate proximity to beaches, high income neighborhoods, professional offices, other restaurants and high end retail. Easy walking distance to the Corey Avenue which is epicenter of the St. Pete Beach shopping district with year-round events, including parades, wine tastings, arts and crafts festivals, and the Sunday Morning Market from October through May. Zoning is Town-Center-1 Core District (TC-1), serving as the city's hub with medium to high-intensity land uses and a pedestrian-friendly environment. This property benefits from a premium location with high foot traffic in a well-preserved beach shopping center. It is an ideal choice for any retail business or investor seeking maximum exposure and strong cash flow. With one lease up for renewal in September, this property presents an excellent opportunity for business and/or cash flow growth. Please review the attached sales brochure and call the listing agents for additional lease and financial details.
Price History | |
---|---|
2/23/2024 | Listed $1,750,000 |
General Features
Cooling | Central Air |
---|---|
Construction Materials | Block |
Year Built | 1983 |
Property SubType | Retail |
Tax Year | 2023 |
Percent Ownership | Corporation |
County | Pinellas |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | ST PETERSBURG BEACH REP |
Status | Active |
Directions | At the intersection of Blind Pass Rd and 76th Ave in St. Pete Beach. |
City | ST PETE BEACH |
Buyer Agent Compensation | 2% |
Total Units | 2 |
MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
Lot Size Square Feet | 20038 |
Waterfront Y/N | No |
Street Name | Blind Pass |
Tax Annual Amount | 13900.79 |
Public Remarks | Highly sought after St. Pete Beach retail complex for sale,prime store front,fully rented with solid cash flow. The center consists of 2 units in a well-maintained building on nearly 1/2 acre. Both u |
Days on Market | 23 |
Standard Status | Active |
Tax Lot | 13 |
Legal Description | ST PETERSBURG BEACH REPLAT BLK 74,LOTS 13,14,15 & 16 LESS RD R/W ON E |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Total Stories | 1 |
---|---|
Air Conditioning Y/N | Yes |
Street Suffix | ROAD |
Living Area Units | Square Feet |
Exterior Features
Lot Size Area | 20038 |
---|---|
Foundation Details | Slab |
Number of Buildings | 1 |
Building Area Total | 3600 |
Lot Dimensions | 215 x 93 |
Lot Size Acres | 0.46 |
Road Surface Type | Asphalt |
Lot Size Units | Square Feet |
Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool