Mixed use site on busy urban corridor just 5 minutes from Downtown St Pete. Land ready for development in the heart of St Pete is scarce. This is a great opportunity for a developer looking to start a project asap! Just minutes from Ark Investments new headquarters at the tech startup incubator/Tampa Bay Innovation Center, this corridor is quickly transitioning to the the next developed residential/commercial area of St Pete's urban core. The property is zoned CRT-1 with an option to change to CRT-2. It is approved for ground floor retail with apartments above. Architectural site plans have been developed to maximize density and the space on the site. Great location with multi-family rents in the area ranging from $1,500+ per bedroom. Retail is leasing at an average of $28/sq ft along corridors outside of downtown. This area is primed for new development with new construction projects underway all along the 4th st corridor. Site environmental Phase 1 & 2, survey and architectural site plans done and available to buyer with executed purchase contract which drastically reduces time and costs for the buyer during due diligence. Don't miss this opportunity to be part of the rapid growth of St Pete!
Listing courtesy of THE KEC GROUP.
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