$2,949,000

Description

INVESTMENT INCOME or REDEVELOPMENT SITE! This 4-unit strip shopping center is located on Central Avenue in west St. Petersburg, just southeast of the Tyrone area. The corridor is a well-established mixed-use commercial district with medical offices, neighborhood retail, restaurants, and service businesses. The current long-time tenants have leases extending into 2028, 2029, and 2031, and include a medical therapy center, a pizza and subs shop, a pet salon, and a hair salon. This location has strong daily traffic volumes, is adjacent to a dense, well-established residential neighborhood, and fronts on Central Avenue, which is St. Petersburg’s primary east-west corridor between downtown St. Petersburg and the Gulf Beaches. The building is in excellent condition with no deferred maintenance, and a brand new roof was installed in 2025. Complete financial information is available from the listing agent, and the owner may consider a purchase money mortgage sale to a well-qualified buyer. An NDA is included in the attachments and is required for disclosure of income and expenses. This offering is only available because the owner is ready to retire and may be relocating out of state.