Retail•Restaurant•For Sale or Lease

Harlan Hotel

15 - 8th Street North, Saint PetersburgSt Petersburg, Florida 33701

Sale Price $2,750,000
Lease Rate $26.00-$35.00 /SqFt NNN
Sale Type Investment
Zoning DC-1
Bldg Type Multi-Tenant
Status Existing
Year Built 1925
Year Renovated 2018
Stories 4
Gross Bldg 13,980 SqFt
Total Avail 5,200 SqFt
Avail 1,200 to 0 SqFt
RBA 13,980 SqFt
Contig Space 7,200 SqFt
Land Area .09 Acres
Avail Parking 2/1000SqFt
Ceiling Height 10.0 Ft
Market Tampa Bay Market
Sub-Market Downtown St Petersburg
BACK ON THE MARKET SOON The Historic Harlan Hotel in Downtown St Petersburg is available for purchase. Rarely is there an opportunity to purchase a building and own a piece of St Pete's history in this very desirable downtown. A building of this stature is very scarce, there are very few buildings of this nature available in all of downtown. The Offer is for a 1925 historical building consisting of 4 floors. The building was originally built as a hotel in the first years of St Petersburg 1920's boom. The first floor is 3800 sf mol that was an office but the highest and best use would be to return it to a Retail Use. Ground Floor Lease Rate of $35.00 NNN could be commanded. The second floor is currently a mezzanine built out for office. The third and fourth floors are in the finishing stages. Plans and permits have been completed for additional renovations. The building permit is fully executed and paid for. The top floors are being designed for Class A Offices with expected Lease rates of $22.00 per sf NNN. Any of the floors may also be built out as residential suggesting also a Live/Work scenario. The Sellers have been good stewards of the Harlan Hall and have updated or enhanced the Site in numerous instances. The Sellers have completed and paid for many instrumental items to ensure a healthy, safe and long life of the structure. The Roof is a brand new complete updated TPO Roof with double insulation with a 25-year warranty. The building has been recently tented for termites and carries a lifetime warranty. The building has had an asbestos survey and has a clean bill of health. Offices on the first and second floors have new HVAC. New Windows installed in 2006 and Fire Sprinkle updated & certified. There are 20 reserved parking spaces available off-site. Location Description: The address is 15 - 8th Street North which constitutes a location just off the famed Central Avenue in Downtown St Petersburg. The Site faces 8th Street North and sits between two major lighted intersections of Central Avenue and First Ave North. The Location could not be any better because it abuts the two most trending districts in Downtown St Pete > The 600 Block of Central Avenue and the Edge District. On top of all that, the property is directly across from St Pete's newest premier development - ICON Central by Related which is 15 floors with 377 apartment homes and 19,000 sf of retail. The Address is beyond convenient, being only minutes to many of the popular neighborhoods in St Petersburg, such as Uptown, Kenwood, Old Northeast, Old Southeast, Euclid / St Paul, Allendale and Snell Isle. The Site is also 2 minutes to the Interstate, 3 minutes to US HWY 19 N and only 14 minutes to the Beaches and Tierra Verde. Serious Ground Floor Retail in Downtown St Pete Florida * Chic Office Space Upstairs The Historic Harlan Hotel in Downtown St Petersburg is now available for Retail and Office Leasings. Here is an opportunity to lease in a building that is a part of St Pete's history and in a desirable district in St Pete's downtown. A building of this stature is very scarce, there are but a few buildings of this nature on the market in all of downtown. The Offering is for a 1925 historical building consisting of 4 floors. The building was originally built as a hotel in the first years of St Petersburg 1920's boom. The first floor is 3800 sf mol, it appears the highest and best use would be a Restaurant or Retail Use. Ground Floor Lease Rate is $35.00 NNN. The second floor is currently a mezzanine built out for office. $26.00 NNN for this level. The third and fourth floors are in the finishing stages. Plans and permits have been completed for additional renovations. The top floors are being designed for Class A Offices with expected Lease rates of $25.00 per sf NNN. The Landlords have been good stewards of the Harlan Hotel and have updated or enhanced the Site in numerous instances. The Sellers have completed and paid for many instrumental items to ensure a healthy, safe and long life of the structure. The Roof is a brand new complete updated TPO Roof with double insulation. The building has been recently tented for termites and carries a lifetime warranty. The building recently had an asbestos survey and has a clean bill of health. All the floors will have new HVAC. New Windows installed in 2006 and Fire Sprinkle updated & certified. There are 20 reserved parking spaces available off-site. Location Description: The address is 15 - 8th Street North which constitutes a location just off the famed Central Avenue in Downtown St Petersburg. The Site faces 8th Street North and sits between two major lighted intersections of Central Avenue and First Ave North. The Location could not be any better because it abuts the two most trending districts in Downtown St Pete > The 600 Block of Central Avenue and the Edge District. On top of all that, the property is directly across from St Pete's newest premier development - ICON Central by Related which is 15 floors with 377 apartment homes and 19,000 sf of retail. The Address is beyond convenient, being only minutes to many of the popular neighborhoods in St Petersburg, such as Uptown, Kenwood, Old Northeast, Old Southeast, Euclid / St Paul, Allendale and Snell Isle. The Site is also 2 minutes to the Interstate, 3 minutes to US HWY 19 N and only 14 minutes to the Beaches and Tierra Verde. Location Description: The address is 15 - 8th Street North which constitutes a location just off the famed Central Avenue in Downtown St Petersburg. The Site faces 8th Street North and sits between two major lighted intersections of Central Avenue and First Ave North. The Location could not be any better because it abuts the two most trending districts in Downtown St Pete > The 600 Block of Central Avenue and the Edge District. On top of all that, the property is directly across from St Pete's newest premier development - ICON Central by Related which is 15 floors with 377 apartment homes and 19,000 sf of retail. The Address is beyond convenient, being only minutes to many of the popular neighborhoods in St Petersburg, such as Uptown, Kenwood, Old Northeast, Old Southeast, Euclid / St Paul, Allendale and Snell Isle. The Site is also 2 minutes to the Interstate, 3 minutes to US HWY 19 N and only 14 minutes to the Beaches and Tierra Verde.
  • Florida Opportunity
  • Back on the Market
  • Tampa Bay Metro Area
  • St Petersburg Market
  • Downtown Core
  • Historical Building
  • Just Off Central Avenue
  • 600 Block Shopping & Dining District
  • The Edge Shopping & Dining District
  • Mixed-Use Investment
  • Unique Property
  • FloridaLeasing Opportunities
  • Retail/Restaurant/Office
  • Mixed-Use

2 Spaces

Restaurant
4,000 SqFt
$35.00 NNN
9/1/2019
2,000 SqFt
5,200 SqFt
Creative/Loft
1,200 SqFt
$26.00 FS
9/1/2019
1,200 SqFt
7,200 SqFt
2/17/2020 11:04:07 PM 4/23/2020 4:20:06 PM
JonnY RenO La Budde
Licensed Agent
St. Petersburg
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