811 DR MARTIN LUTHER KING JR ST S new Save Request In-Person Tour Request Virtual Tour
Saint Petersburg,FL 33705
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
Waterfront false
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