Homes for sale - 811 DR MARTIN LUTHER KING JR ST S, Saint Petersbur...

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Mari Colgan

mari@maricolgan.com +1(813) 453-7110

$ 999,999

Est. payment | -/mo

766 SqFt

Save

$ 999,999

Est. payment | -/mo

Save

766 SqFt

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 766 sqft

Price per Sqft $1,305

Subdivision Grove Heights Rev

MLS Listing ID TB8308919

HOA Y/N No

Originating Board Stellar MLS

Year Built 1970

Annual Tax Amount $2,996

Lot Size 0.400 Acres

Acres 0.4

Property Description

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

State FL

County Pinellas

Community Grove Heights Rev

Direction S

Interior

Heating Heat Pump

Cooling Mini-Split Unit(s)

Flooring Ceramic Tile

Exterior

Utilities Available Public

Roof Type Shingle

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Structure Type Block

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by KELLER WILLIAMS ST PETE REALTY

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 453-7110

mari@maricolgan.com

811 DR MARTIN LUTHER KING JR ST S Saint Petersburg, FL 33705