$444.44 Per Sq Foot $8,589 est/mo Sourced by Back At You

7612 Blind Pass Rd,ST PETE BEACH, FL 33706

ST PETE BEACH FL, 33706

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Description

Highly sought after St. Pete Beach retail complex for sale, prime store front, fully rented with solid cash flow. The center consists of 2 units in a well-maintained building on nearly 1/2 acre. Both units are 1,530 SF under lease to long-term and successful local restaurant tenants. The established tenant at 7612 Blind Pass Road is Nori Thai. They offer a variety of Thai specialties and sushi for lunch and dinner. Nori Thai has been voted Best of the Beaches for 8 straight years while at this location. The Nori Thai lease was renewed in 2022 and runs through January of 2028. The tenant at 7618 Blind Pass Road is also a long-term and established restaurant. Riptides is a popular local hangout known for their casual inviting atmosphere and great cocktails. The Riptides lease is up for renewal in September of 2024. The tenants and their customers enjoy convenient access and ample parking with over 30 parking places on the .5 acre lot. The location provides great exposure fronting on Blind Pass Road at the intersection of 77th Avenue in the heart of St. Pete Beach. Immediate proximity to beaches, high income neighborhoods, professional offices, other restaurants and high end retail. Easy walking distance to the Corey Avenue which is epicenter of the St. Pete Beach shopping district with year-round events, including parades, wine tastings, arts and crafts festivals, and the Sunday Morning Market from October through May. Zoning is Town-Center-1 Core District (TC-1), serving as the city's hub with medium to high-intensity land uses and a pedestrian-friendly environment. This property benefits from a premium location with high foot traffic in a well-preserved beach shopping center. It is an ideal choice for any retail business or investor seeking maximum exposure and strong cash flow. With one lease up for renewal in September, this property presents an excellent opportunity for business and/or cash flow growth. Please review the attached sales brochure and call the listing agents for additional lease and financial details.

Details

MLS#U8232116
Listing TypeFor Sale
StyleRetail
Sub-TypeFor-sale
StatusActive
Year1983
Days On Site112
Listing Provided ByKELLER WILLIAMS ST PETE REALTY | Elizabeth Shafer
Buying Commision2%
Listing Commission2%

Features

SQ Feet3,060
Story(s)1
Units2
Acreage0.46

Market Activity 33706

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of June 15, 2024 at 1:22:57 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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StateFL
CountyPinellas
CityST PETE BEACH
Zip Code33706
Area33706 Pass a Grille Bch | St Pete Bch | Treasure Isl
Community NameST PETERSBURG BEACH REP
Listing VS Median (in ST PETERSBURG BEACH REP)
Price:
$1,600,000
low | high
Med:
$643,950
100% of Average
SqFt:
3,060
low | high
Med:
1,577
98.464052287582% of Average
$ / SqFt:
$523
low | high
Med:
$415
70.707563465266% of Average
On Site:
112
low | high
Med:
47.000000
100% of Average
Sourced by Back At You
Listing Updated: June 12, 2024 at 5:44:00 AM PDT