1139 DR MARTIN LUTHER KING JR ST S Active

Saint Petersburg,FL 33705

$ 595000

- Bed

0 Bath

2000 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $297

Subdivision Greenwood Park

MLS Listing ID U8240691

HOA Y/N No

Originating Board Stellar MLS

Year Built 1956

Annual Tax Amount $5,461

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 111x130

Property Description

Excellent Commercial Real Estate Opportunity in up-and-coming area near downtown St. Petersburg! This corner commercial retail property, along with an adjacent vacant lot, presents a strategic investment in a highly visible developing area near downtown. The property includes two parcels sold together. The first, 1139 MLK, features a 51’ x 130’ lot with a 2000 sq ft four-unit retail strip, each unit approximately 500 square feet. Adjacent, 1131 MLK is a vacant lot measuring 60’ x 130’, ready for development. Zoned CCT-1, both parcels (totaling .33 acres) allow for various commercial and mixed-use projects. Positioned in an opportunity zone amidst the city's southward redevelopment, this property holds much potential, with incentives for affordable housing. Whether you're an owner/user, investor, or developer looking to tap into St. Petersburg's growth, this property offers a promising opportunity. Don't miss out—contact us today to learn more!

Location

State FL

County Pinellas

Community Greenwood Park

Direction S

Interior

Heating Wall Units / Window Unit

Cooling Mini-Split Unit(s),Wall/Window Unit(s)

Exterior

Utilities Available Public

Waterfront false

Roof Type Other

Building

Foundation Slab

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

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Ownership Other

Special Listing Condition None

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