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811 DR MARTIN LUTHER KING JR STREET S

Commercial For Sale
$999,999

BTC: 10.54432496

ETH: 297.61875000

65 days
0 room(s)
766 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Offered is a walk-up/drive-through restaurant on a .39 acre parcel with alley access located in a mixed-use/commercial zoning district which allows for a wide variety of uses. Well-suited as a prime redevelopment opportunity, zoning codes allow for up to 11 residential units to be developed on the parcel when including bonuses. As is, the opportunity also has great potential to continue to be used as a restaurant. The parking lot can accommodate about 15 cars or more, although one portion is not striped. The property is walking distance to Orlando Health Bayfront Hospital as well as Johns Hopkins All Childrens’ Hospital. Downtown St. Petersburg is just minutes away by car. The adjacent Booker Creek and the Roser Park neighborhood are beautiful, and nearby public amenities include the city’s renown skate park at Campbell Park. The parcel is situated on Dr. Martin Luther King Jr. St S, a minor arterial road which sees 15,500 throughout the day (AADT, source: FDOT). The property is served by Pinellas Suncoast Transit Authority routes 7, 14, 20, and 23, including direct service to Gulfport, South Pasadena, Downtown St. Petersburg, Grand Central Station, and Pinellas Point. Access to I-275 is just 3 blocks north, and Tampa International Airport is less than 30 minutes away.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1970
Lot:
0.40 Acres
Heating:
Heat Pump
Price/sqft:
$1,305
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Heat Pump

    Cooling

    • Mini-Split Unit(s)

  • Lot

    • Lot: 0.40 Acres

    Other Property Information

    • Parcel Number: 253116338040000010

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $2,996

  • Source details

    • MLS ID: TB8308919

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 766

    • Subdivision Name: GROVE HEIGHTS REV

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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: KELLER WILLIAMS ST PETE REALTY