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!
Purchase 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!
INVESTMENT HIGHLIGHTS
AMAZING frontage, visibility and access
Direct Dr. Martin Luther King Jr Street frontage
Quick access to and from Tampa, St. Petersburg beaches, Downtown
Ideal for owner/user or developer creative conversion
Situated in a rapid growth area
Highest and best use: Redevelopment, Retail or Professional Office
Strong surrounding population of 99,660 residents within 3 miles of the property
Fantastic value-add potential
Average HH Income Exceeds $52,000 within 3-Mile Radius
Surrounding neighborhood businesses include: Meat house, Badcock Furniture, Mair’s Grocery, Rjax Foodmart
The area is exploding with new commercial development and residential growth
OPPORTUNITY ZONED QUALIFIED- providing long-term tax benefits to the developer/investors
Features
: Central Air
Address Map
US
FL
Pinellas
St Petersburg
WELSHS LAKEVIEW
33705
DR MARTIN LUTHER KING JR
2300
STREET
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.
33705 - St Pete
S
COMMERCIAL
Additional Information
50x125
https://www.propertypanorama.com/instaview/stellar/T3405258
1
999000
2022-09-28
: Slab
: Block
6406
Financial
2480.54
Listing Information
266000122
780013
Sold
2023-10-04T21:13:08Z
Stellar
: None
2023-10-04T21:12:46Z
Commercial Sale For Sale
2300 Dr Martin Luther King Jr S Street, St Petersburg, Florida 33705
6,406
$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
Year Built : 1954
Lot Area : 0.47 Acre
Property Sub Type : Retail
Agent info
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