$998,000
$1,250,000
20.2%For more information regarding the value of a property, please contact us for a free consultation.
3,482 SqFt
SOLD DATE : 09/25/2024
Key Details
Sold Price $998,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,482 sqft
Price per Sqft $286
Subdivision St Petersburg Beach Rep
MLS Listing ID U8228348
Sold Date 09/25/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1941
Annual Tax Amount $13,468
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Description
One or more photo(s) has been virtually staged. Presenting 423 Corey Ave - a remarkable Historic Corey Avenue Town Center Building nestled in the bustling heart of St. Pete Beach, Florida. This property stands as a golden opportunity for both investors and business visionaries seeking versatility. Positioned between the Gulf of Mexico and Boca Ciega Bay, it offers prime storefront space in the coveted Corey Avenue Shopping District. Comprising three commercial units alongside a charming 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, this property spans over 3,400 square feet, opening doors to potential rental income or an integrated business and living environment. With a total configuration of 4 spaces, 4 bathrooms, a laundry room, storage facilities, 4 separate meters, and a fenced-in courtyard with access to 3 spaces, the possibilities are endless. Previous uses of the commercial units range from boutiques and specialty shops to craft stores and unique gift shops. Imagine transforming these spaces into a nail salon, souvenir shop, or trendy café/bakery, as illustrated in the virtually staged photos. Moreover, Corey Avenue itself boasts an eclectic array of dining options, with many restaurants offering outdoor 'pet-friendly' dining experiences. For over six decades, Corey Avenue has been a vibrant epicenter, drawing visitors from far and wide with its welcoming ambiance, exceptional sales, and vibrant events. The Corey Avenue Business Association hosts an array of engaging events year-round, including parades, wine tastings, arts and crafts festivals, and a bustling Sunday Morning Market from October through May, featuring up to 80 vendors and live music. Recent upgrades including a new roof (2023), restored hardwood flooring (2023), HVAC and ducting (2023), paint, and minor repairs, enhance the property's appeal and functionality. This prime location offers a lucrative opportunity to establish or expand your business amidst a thriving retail landscape. Boasting a storefront with high foot traffic in a well-preserved historic beach shopping center, this property is an ideal choice for any retail business seeking maximum exposure and foot traffic. Vacant and ready for immediate use, it presents an excellent opportunity for business growth or startup endeavors. Customers enjoy convenient access and ample parking, while the property's 0.11-acre lot offers room for displays and signage. The unique inclusion of a second-story 2-bedroom, 1-bathroom residence adds further allure to the property. Zoned within the Town-Center-1 Core District, it serves as the city's hub and supports medium to high-intensity land uses, fostering a pedestrian-friendly environment. Seize this extraordinary chance to secure a coveted retail space in the heart of Corey Ave, St. Pete Beach! Embark on this exhilarating journey by scheduling a viewing appointment today!
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Concrete, Reclaimed Wood
Appliance Refrigerator
Exterior
Parking Features Parking Spaces - 6 to 12
Community Features Curbs, Sidewalks
Utilities Available Electricity Available, Phone Available, Public, Water Connected
Roof Type Shingle
Building
Lot Description Central Business District, Flood Insurance Required, City Limits
Story 2
Entry Level Two
Foundation Concrete Perimeter, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco,Wood Frame
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COLDWELL BANKER REALTY
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