Retail•Free Standing•For Sale

965 Central Ave.-Opportunity Zone Investment Great 1031 Property

965 Central Avenue, St. Petersburg, Florida 33705

Sale Price $2,500,000 ($595.24 /SqFt)
Zoning DC-1
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1926
Year Renovated 2015
Stories 1
Annual Taxes $18,437.00
Gross Bldg 4,200 SqFt
RBA 4,200 SqFt
Floor Size 4,200 SqFt
Land Area 4,200
Avail Parking 3/1000SqFt
Market Tampa/St. Petersburg
Sub-Market St. Petersburg CBD
Parcel# 24-31-16-14544-000-0950
This investment property is perfect for a 1031 exchange, conventional purchase and Opportunity Zone Investment for safe and growing returns. Watch your money grow 3% per year. Seacoast Bank has over 6 years left on original term left on a 10 year lease and 2(5) year options. Essentially, one has a safe secure Tenant for the next 16 years.
  • Located in an Opportunity Zone in the Vibrant EDGE District
  • Completely renovated Building housing a strong regional Bank
  • OVER 700 living units(apts. & condos) within one block
  • 6 years on original lease term and two five year options
  • Great 1031 Exchange property
  • 10 parking spaces
  • Surrounded by other retail and restaurants
  • 10 ft easement to the west of building for pedestrian access
10/25/2019 12:00:00 AM 1/30/2020 7:30:02 PM
Lisa Ulrich
Sales Associate
Barkett Realty


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