About This Restaurant
Investment Highlights
Located in the historic Snell Arcade; listed on the National Registry of Historical Places. Located on Central Avenue in the Arts District, known for its vibrant restaurants, nightlife, and cultural arts scene. Extremely walkable with above-average demographics within 3-miles: 92,679 Residents - $102,235 Avg HH Income. Directly across from a $400M+, 1.3M SF high-rise project. Surrounded by numerous, luxury rental and condominium high-rises. DC-C Zoning (Downtown Center-Core) with the city of St. Petersburg allows for a variety of uses including the potential for residential.
Executive Summary
Property Details
- Sale Type Investment or Owner User
- Sale Condition Redevelopment Project
- Property Type Retail
- Property Subtype Bar Bar General Retail Restaurant General Retail Storefront Retail/Residential Bar
- Building Size 12,500
- Building Class C
- Year Built/Renovated 1921/2023
- Price 15,500,000
- Price Per SF 1,240
- Percent Leased Vacant
- Tenancy Multiple
- Building Height 2 Stories
- Slab To Slab 12?
- Building FAR 1.20
- Land Acres 0.24 AC
| Date Created: | 2024-07-16 04:13:31 | Last Updated: | 2024-07-16 04:13:31 |
| Address: | 405-409 Central Ave , Saint Petersburg, Florida, 33701 | ||