$1,095,000

Description

Investment/Owner-User Warehouse With One Unit Leased Premier two-unit industrial/warehouse property in central St. Petersburg offering immediate cash flow plus upside for an owner-user or investor. The concrete block building totals approximately 5,796 square feet, configured as two roughly –2,880 SF bays, and is situated on a 0.21–0.22 acre GC-zoned lot with easy access to I-275 and major St. Pete corridors. One unit is currently leased at 2,880 SF on a triple-net (NNN) basis at 2,900 per month plus reimbursement of taxes, insurance, and maintenance, providing stable income with limited landlord expense exposure. The second ±2,900 SF unit is recently renovated and available for lease or for an owner-occupant who wants to operate their business on-site while benefiting from existing rental revenue. Each bay features an office area with a dedicated window A/C unit, renovated restroom with slop sink, front and rear entry doors, and an oversized roll-up commercial garage door for efficient loading and circulation. The warehouse is constructed of reinforced concrete block with steel rafters and benefits from a newer roof and 200-amp electric service, making it suitable for a wide range of light industrial, service, storage, or small business uses. On-site parking accommodates approximately 6–8 vehicles, and 24-hour access plus available building signage provide excellent functionality and visibility for tenants. Recent renovations include updated interiors, fresh paint, improved office finishes, and clean “move-in ready” warehouse space, reducing near-term capital needs for a new owner. With flexible suite sizes, NNN lease structure, and strong St. Petersburg industrial demand, this property is an attractive opportunity for investors seeking dependable income or business owners looking to control their facility in a tight market. Quick property facts (for your marketing remarks) Address: 4055–4059 7th Terrace S, St. Petersburg, FL 33711 Use: Industrial / warehouse with office Building size: ±5,760 SF, two bays of ±2,800–2,880 SF each Lot size: ±0.21–0.22 acres Zoning: GC – General Commercial (check local code for exact permitted uses) Construction: Reinforced concrete block with steel rafters; newer roof Power: Approx. 200-amp electric service Access: Central St. Pete location with convenient access to I-275; 24-hour access Parking: Approx. 6–8 surface spaces Current income: One ±2,800 SF unit leased at 2,800/month NNN (tenant pays taxes, insurance, and maintenance) Availability: One ±2,900 SF renovated unit available for lease or owner-user