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1139 DR MARTIN LUTHER KING JR STREET S

Commercial For Sale
$595,000

BTC: 9.19872745

ETH: 203.07167235

15 days
0 room(s)
2,000 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Excellent Commercial Real Estate Opportunity in up-and-coming area near downtown St. Petersburg! This corner commercial retail property, along with an adjacent vacant lot, presents a strategic investment in a highly visible developing area near downtown. The property includes two parcels sold together. The first, 1139 MLK, features a 51’ x 130’ lot with a 2000 sq ft four-unit retail strip, each unit approximately 500 square feet. Adjacent, 1131 MLK is a vacant lot measuring 60’ x 130’, ready for development. Zoned CCT-1, both parcels (totaling .33 acres) allow for various commercial and mixed-use projects. Positioned in an opportunity zone amidst the city's southward redevelopment, this property holds much potential, with incentives for affordable housing. Whether you're an owner/user, investor, or developer looking to tap into St. Petersburg's growth, this property offers a promising opportunity. Don't miss out—contact us today to learn more!

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
0.33 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$298
Cooling:
Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 253116335160000050

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $5,461

  • Source details

    • MLS ID: U8240691

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Direction Faces: East

    • Living Area: 2000

    • Water Source: Public

    • Lot Size Dimensions: 111 x 130

    • Subdivision Name: GREENWOOD PARK

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ASSET MANAGEMENT REAL ESTATE