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1960 5th Ave S
Saint Petersburg, FL 33712
Industrial Property For Sale
EXECUTIVE SUMMARY
Located in St. Petersburg’s vibrant Warehouse Arts District, this fully restored and renovated warehouse-style building is home to a luxury wellness brand offering calisthenics, yoga, massage, and sauna therapy. The property is a single-tenant, net lease investment with minimal landlord responsibilities, featuring a 4½-year lease and one 4-year renewal option. Investors benefit from 4% annual rent increases and a stable income stream. Surrounded by artists, restaurants, breweries, and cultural venues, the location has earned accolades as one of “America’s Hottest Cities to Live and Visit” and among the “Best Street Art Cities in the World.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 0.73 AC | Clear Ceiling Height | 12’ |
| Rentable Building Area | 13,695 SF | No. Drive In / Grade-Level Doors | 2 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.73 AC |
| Rentable Building Area | 13,695 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 0.95/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Cooler
- Freezer (Space)
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 24-31-16-43992-000-0010 | Improvements Assessment | $681,065 CAD |
| Land Assessment | $1,207,072 CAD | Total Assessment | $1,888,137 CAD |
PROPERTY TAXES
Parcel Number
24-31-16-43992-000-0010
Land Assessment
$1,207,072 CAD
Improvements Assessment
$681,065 CAD
Total Assessment
$1,888,137 CAD
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