Property Photos
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  • MLS#: TB8362460 ( Commercial Sale )
  • Street Address: 3501 1st Avenue S
  • Viewed: 10
  • Price: $999,000
  • Price sqft: $323
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 3090
  • Days On Market: 144
  • Additional Information
  • Geolocation: 27.7703 / -82.6811
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33711
  • Subdivision: West Central Ave Sub
  • Provided by: PREMIER SOTHEBY'S INTL REALTY
  • Contact: Karen Apa
  • 727-595-1604
  • mfrmls
  • DMCA Notice
  • Description
    Low risk investment with annual growth | prime st. Petersburg location. . . Rare opportunity to own a triple net (nnn) leased commercial building in the heart of st. Petersburgan ideal addition to any investment portfolio, especially for hands off investors or those pursuing a 1031 exchange. . . This 2,628 square foot standalone building is fully leased to a well established veterinary hospital. The long term tenant is responsible for rent, 50% of annual property taxes, insurance, all operating expenses, utilities, and lawn maintenance offering a reliable and low maintenance income stream. . . Investment highlights: annual 3% rental increases: consistent cash flow with built in growth lease term: 5 years remaining with a 5 year renewal option tenant: thriving veterinary hospital in operation prime corner location: 1st avenue s & 35th streetjust one block from us 19/34th street, ensuring visibility and high traffic volume upgrades & maintanence: new roof, painted soffit/fascia (2024), and $12,000 in elective tree removal and pruningreflecting proactive care. . . Property features: 11 parking spaces (including 2 ada compliant) + dedicated staff/doctor parking. . . Three convenient driveways for easy ingress/egress. . . Circular drop off and pick up area at front entrance. . . Surrounded by established businesses and accessible via major routes, this location benefits from consistent foot and vehicle traffic, increasing both tenant stability and long term property value. With its low risk profile and growing returns, this is a rare chance to secure a cash flow positive asset in one of st. Petes most vibrant commercial corridors.
Property Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
Insurance Expense
  1. 0.00
Legal Description
  1. WEST CENTRAL AVE SUB BLK B PART REP BLK B
  2. LOT 1
Levels
  1. One
Living Area
  1. 2628.00
Area Major
  1. 33711 - St Pete/Gulfport
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 22-31-16-96219-002-0010
Parking Features
  1. Parking Spaces - 13 to 18
Possession
  1. Close Of Escrow
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Alley
  2. City Street
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 31
Utilities
  1. BB/HS Internet Capable
  2. Public
  3. Water Connected
Views
  1. 10
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8362460
Water Source
  1. Public
Year Built
  1. 1978
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