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423 COREY AVENUE

Commercial Active With Contract
$1,400,000

BTC: 20.91020635

ETH: 448.46209534

-$150K (2024/05/06)
105 days
0 room(s)
3,482 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. 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

Facts and features

Type:
Commercial Sale
Parking:
6 to 12 Spaces
Year Built:
1941
Lot:
0.11 Acres
Heating:
Central / Electric
Price/sqft:
$402
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Concrete

    • Reclaimed Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Refrigerator

  • Parking

    • 6 to 12 Spaces

    Property

    • Levels: Two

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 363115779940600110

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Electricity Available

    • Phone Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $13,469

  • Source details

    • MLS ID: U8228348

    Other facts

    • Construction Materials: Block / Concrete / Stucco / Wood Frame

    • Foundation Details: Concrete Perimeter / Slab

    • Lot Features: Central Business District / Flood Insurance Required / City Lot

    • Window Features: Aluminum Frames / Blinds

    • Direction Faces: South

    • Living Area: 3482

    • Water Source: Public

    • Lot Size Dimensions: 50 x 100

    • Subdivision Name: ST PETERSBURG BEACH REP

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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: COLDWELL BANKER REALTY