MELROSE PARK PLACE

For Sale

1940 7th Avenue South, St. Petersburg, FL 33712

This St. Petersburg property for sale is located at 1940 7th Avenue South. The general use of MELROSE PARK PLACE is office and it incorporates 9,874 square feet of class B office space. The current listed sale price for MELROSE PARK PLACE is $1,690,000. MELROSE PARK PLACE is situated on a lot that is 0.63 acre in size.

Contacts

broker

Jon Reno La Budde

KW Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 9,874 SF
  • Lot Size 0.63 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1964
  • Year Renovated 2024
  • Date Updated Jun 24, 2024
LOCATION DESCRIPTION: The site is located on 7th Avenue South on the 1900 Block at 1940 7th Avenue South. The site is easily accessible via 9th Avenue South from two lighted intersections at 16th Street South and 22nd Street South. The address is minutes from all the Downtown Dining & Shopping Districts such as Grand Central, The Edge, 600 Block, JannusLanding, Beach Drive, and the Waterfront. Three major hospitals and two universities are also 3 to 5 minutes away. The Interstate and US Hwy 19 North are also 3 and 5 minutes away. The property is also just south of the famed Warehouse Arts District.A True Off Market Opportunity Extraordinary & Immaculate Commercial Site Melrose Park Place Our Offering is for a 10,000 SF renovated structure on 2/3 of an acre land mass. The building has gone through a massive reconstruction, Plans and Mechanicals will be supplied. Currently, the building is nearing the end of construction. The site is being sold As-Is. The site consists of a large exterior footprint, on the south side of the structure there is a drive-thru carport that leads to one of the two main entrances. The primary parking lot is also located in this area with over 20 spaces. In the southeast corner, a brand paver section has been created for additional parking and/or an outside terrace. The main entrance is on the west side and features a dignified canopy with double doors. The north side has 2 roll-up doors into the warehouse/ garage section. The east side also has a roll-up that leads to the same work area. The interior has had extensive MEP work plus new drywall and finishes. A special document will be available with a list of over 33 very significant improvements to the property. The interior floorplan is attached, but it consists of multiple open spaces, offices, workspaces, reception areas, a conference room, restrooms, and a warehouse. The site also boasts of having an area with a full bathroom and kitchen, lending itself to a live / work scenario. The property appears to have many uses such as Office, Industrial, Retail as an accessory, and Multi-Family. The current state of the building lends itself to Medical Use, Spa, Showroom Warehouse, Manufacturing & Assembly, Brewery, Food Processing, Distillery, Restaurant, and more. The site is also a strong candidate for re-development play for a multi-family. Please see the following Zoning Code: ZONING: Zoning is NSM-1 / Neighborhood Suburban Multi-Family - 1. Which allows 15 units per acre with 6 units additional for Workforce housing. Thus, it appears this site will allow up to 10 units plus 4 for Workforce housing. LOCATION DESCRIPTION: The site is located on 7th Avenue South on the 1900 Block at 1940 7th Avenue South. The site is easily accessible via 9th Avenue South from two lighted intersections at 16th Street South and 22nd Street South. The address is minutes from all the Downtown Dining & Shopping Districts such as Grand Central, The Edge, 600 Block, JannusLanding, Beach Drive, and the Waterfront. Three major hospitals and two universities are also 3 to 5 minutes away. The property is also just south of the famed Warehouse Arts District. The Interstate and US Hwy 19 North are also 3 and 5 minutes away.

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Highlights

  • Off Market Commercial Real Estate
  • Florida Opportunity
  • Tampa Bay Metro
  • St Petersburg Market
  • Melrose District
  • Live - Work
  • New Renovation
  • New Finishes
  • New HVAC
  • Abundant Parking

Getting around

  • 64/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City St. Petersburg, FL
  • Neighborhood Melrose Mercy
  • Zip Code 33712
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Pure

    0.34 miles

  • Sunoco

    0.69 miles

  • Sun City Pure

    0.86 miles

  • Stop N' Shop Citgo

    0.94 miles

  • Exxon

    1.15 miles

  • Citgo

    1.26 miles

  • Mobil

    1.32 miles

  • Chevron

    1.36 miles

  • Nova Charge

    1.40 miles

  • Shell

    1.41 miles

  • lot 2

    0.38 miles

  • Lot 1

    0.42 miles

  • Lot 3

    0.49 miles

  • Lot 4

    0.56 miles

  • Lot 5

    0.62 miles

  • Lot 7

    0.68 miles

  • Lot 6

    0.72 miles

  • Lot 9

    0.77 miles

  • Lot 8

    0.87 miles

  • SP+

    0.98 miles

  • Tru by Hilton Saint Petersburg Downtown Central Avenue

    0.62 miles

  • Mustard Seed Inn

    0.73 miles

  • Staybridge Suites Saint Petersburg Downtown

    0.75 miles

  • Saint Pete Ecohostel Village

    0.94 miles

  • Shirley Ann Hotel

    0.97 miles

  • Palm Bay Hotel

    1.07 miles

  • Sundaze Motel

    1.30 miles

  • Alexander Hotel

    1.30 miles

  • Inn on the Hill

    1.30 miles

  • The Princess Martha

    1.44 miles

  • Water Sisters

    0.63 miles

  • Grocery Outlet

    0.88 miles

  • Publix

    1.09 miles

  • Bodhi Basics

    1.13 miles

  • Walmart Supercenter

    1.31 miles

  • Dollar Store

    1.34 miles

  • Save-A-Lot

    1.46 miles

  • Publix

    1.50 miles

  • Taste of the Islands Market

    1.62 miles

  • Lakeview Shopping Center

    1.64 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Jon Reno La Budde

KW Commercial