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PRIME MLK CORRIDOR COMMERCIAL PROPERTY 1200 Dr Martin Luther King Jr St S 640 SF Retail Building Saint Petersburg, FL 33701 $415,359 CAD ($649.00 CAD/SF)

Investment Highlights
- • Active Corridor Revitalization Project -with new retail, STEM, Community Reinvestment Close Proximity to Downtown St. Pete, Waterfront Districts and
- • Ideal for Retail, Service, Salon, Office or Community-use Operators
- • Affordable Acquisition in an Appreciating Micro-market
- • Surrounded by Established Neighborhood Businesses and Growing Foot Traffic
- • Compact, Low-overhead Footprint
- • Potential for Expansion
Executive Summary
This opportunity offers an owner-operator or investor an affordable entry point into one of Pinellas County's most actively revitalizing commercial corridors. The property sits within the South St. Petersburg Community Redevelopment Area (CRA) unlocking potential access to CRA grants, loans and incentive programs designed to spur neighborhood reinvestment. Sale includes 2 parcels: (1) 0.15 Acre with building; (2) Adjacent 0.13 Acre.
Property Facts
Sale Type
Owner User
Property Type
Building Size
640 SF
Year Built
1981
Price
$415,359 CAD
Price Per SF
$649.00 CAD
Building Height
1 Story
Building FAR
0.05
Lot Size
0.28 AC
Opportunity Zone
Yes
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $38,081 CAD | |
| Land Assessment | $224,099 CAD | Total Assessment | $262,180 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$224,099 CAD
Improvements Assessment
$38,081 CAD
Total Assessment
$262,180 CAD
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PRIME MLK CORRIDOR COMMERCIAL PROPERTY | 1200 Dr Martin Luther King Jr St S
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