1756 CENTRAL AVE St Petersburg, FL 33712
2 Beds
7 Baths
6,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,960 sqft
Price per Sqft $517
Subdivision Fullers Sub
MLS Listing ID TB8556202
Bedrooms 2
HOA Y/N No
Year Built 1923
Annual Tax Amount $22,907
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Rarely does an opportunity come along in the Grand Central District with this much space, flexibility, and income potential. This exceptional mixed-use property offers multiple commercial storefront spaces, two spacious updated apartments, established tenancy, and significant potential for an investor or owner-user to maximize the property's income-producing capabilities.
The property features an approximately 2,500-square-foot storefront area with a highly flexible layout and multiple bathrooms, offering the potential to configure the space into up to three separate storefront suites, subject to applicable zoning, permitting, building requirements, and City of St. Petersburg approval. (Buyer to independently verify all zoning, permitted uses, occupancy, configurations, and any required permits or approvals with the City.)
The possibilities for these spaces are extensive and could include boutique retail, salon or beauty concepts, wellness or fitness studios, professional offices, galleries, creative studios, specialty shops, cafés, or other neighborhood-oriented businesses, subject to applicable regulations and approvals.
In addition, the property includes two approximately 1,000-square-foot storefront spaces currently occupied by longstanding Grand Central favorite Lolita's Wine Bar & Restaurant, providing established commercial tenancy and an active presence within the property.
Upstairs, two spacious approximately 1,000-square-foot apartments have been completely updated and offer high ceilings, updated appliances, and comfortable, modern living spaces. These residential units provide an additional income stream in one of St. Petersburg's most desirable and walkable neighborhoods.
With its combination of large commercial spaces, established tenancy, residential income, and flexible storefront configurations, the property presents numerous possibilities for an investor looking to increase revenue and maximize the existing footprint. A future owner could explore a variety of tenant configurations and business concepts, potentially creating additional income streams while maintaining the property's existing commercial and residential components.
Located in the heart of the Grand Central District, the property is surrounded by restaurants, bars, shops, entertainment, and other popular neighborhood destinations, making it an exceptional location for businesses seeking visibility and proximity to the area's established customer base.
The upside is what makes this property particularly compelling. With substantial square footage, multiple existing income-producing spaces, two updated apartments, and additional commercial space that may offer future leasing flexibility, the possibilities are significant. Explore the potential, verify the possibilities with the City, and create a strategy that maximizes this exceptional Grand Central District asset.
Location
State FL
County Pinellas
Community Fullers Sub
Area 33712 - St Pete
Interior
Interior Features High Ceilings, Living Room/Dining Room Combo, Open Floorplan
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Awning(s), Lighting, Sidewalk
Utilities Available Cable Available
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8556202
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION