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INVESTMENT HIGHLIGHTS
- Multiple small rooms ideal for studios or vendor spaces
- Offers strong appeal to Gulfport’s arts-focused culture
- Roof replaced in 2023
- Outdoor area suited for pop-up markets and fairs
- Potential for multiple income streams for savvy investors
EXECUTIVE SUMMARY
This is a unique, two-building flex property located directly on the Pinellas Trail with frontage on 49th Street South, the main north–south corridor into Gulfport with approximately 22,000 vehicles per day. This property is a rare opportunity to purchase a property with both high traffic road frontage and direct frontage on The Pinellas Trail.
The site consists of 4,924 SF gross SF across two concrete block buildings (3,460 SF and 1,464 SF), plus a bonus storage shed fronting the trail, situated on a 0.31-acre lot with 10+ parking spaces. The interior configuration includes multiple small rooms and studios, making it well-suited for creative users, multi-tenant concepts, or owner-operators looking to generate multiple income streams.
The property is zoned Commercial General, allowing for a wide range of uses including retail, office, personal services, restaurant, warehouse, trade shops, automotive and marine-related uses, fitness, and many conditional uses. The outdoor areas provide functional space for pop-up markets, events, vendor stalls, or customer gathering, which pairs naturally with the heavy pedestrian and cyclist traffic along the Pinellas Trail.
With an average of 160,000 trail users per month, this property functions as a true destination site, offering visibility not just to vehicles, but to a constant stream of cyclists, pedestrians, and local residents. Whether repositioned for creative studios, retail, wellness, trades, or a potential hybrid live-work or market concept, this is a highly adaptable property in the City of Gulflort, FL.
The site consists of 4,924 SF gross SF across two concrete block buildings (3,460 SF and 1,464 SF), plus a bonus storage shed fronting the trail, situated on a 0.31-acre lot with 10+ parking spaces. The interior configuration includes multiple small rooms and studios, making it well-suited for creative users, multi-tenant concepts, or owner-operators looking to generate multiple income streams.
The property is zoned Commercial General, allowing for a wide range of uses including retail, office, personal services, restaurant, warehouse, trade shops, automotive and marine-related uses, fitness, and many conditional uses. The outdoor areas provide functional space for pop-up markets, events, vendor stalls, or customer gathering, which pairs naturally with the heavy pedestrian and cyclist traffic along the Pinellas Trail.
With an average of 160,000 trail users per month, this property functions as a true destination site, offering visibility not just to vehicles, but to a constant stream of cyclists, pedestrians, and local residents. Whether repositioned for creative studios, retail, wellness, trades, or a potential hybrid live-work or market concept, this is a highly adaptable property in the City of Gulflort, FL.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,924 SF
Building Class
C
Year Built
1969
Price
$1,211,839 CAD
Price Per SF
$246.11 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.32 AC
Zoning
CG - General Commercial
Parking
10 Spaces (2.03 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-31-16-01458-001-0030 | Improvements Assessment | $299,646 CAD |
| Land Assessment | $235,187 CAD | Total Assessment | $534,834 CAD |
PROPERTY TAXES
Parcel Number
28-31-16-01458-001-0030
Land Assessment
$235,187 CAD
Improvements Assessment
$299,646 CAD
Total Assessment
$534,834 CAD
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