3501 1ST AVE S Active Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33711
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,628 sqft
Price per Sqft $380
Subdivision West Central Ave Sub
MLS Listing ID TB8362460
HOA Y/N No
Year Built 1978
Annual Tax Amount $8,822
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 140x150
Property Sub-Type Business
Source Stellar MLS
Property Description
Low-Risk Investment with Annual Growth | Prime St. Petersburg Location . . . Rare opportunity to own a Triple Net (NNN) leased commercial building in the heart of St. Petersburg—an ideal addition to any investment portfolio, especially for hands-off investors or those pursuing a 1031 Exchange. . . This 2,628 square-foot standalone building is fully leased to a well-established veterinary hospital. The long-term tenant is responsible for rent, 50% of annual property taxes, insurance, all operating expenses, utilities, and lawn maintenance —offering a reliable and low-maintenance income stream. . . INVESTMENT HIGHLIGHTS: Annual 3% Rental Increases: Consistent cash flow with built-in growth – LEASE TERM: 5 years remaining with a 5-year renewal option - TENANT: Thriving veterinary hospital in operation – PRIME CORNER LOCATION: 1st Avenue S & 35th Street—just one block from US-19/34th Street, ensuring visibility and high traffic volume – UPGRADES & MAINTANENCE: New roof, painted soffit/fascia (2024), and $12,000 in elective tree removal and pruning—reflecting proactive care. . . PROPERTY FEATURES: 11 Parking Spaces (including 2 ADA-compliant) + dedicated staff/doctor parking. . . Three convenient driveways for easy ingress/egress. . . Circular drop-off and pick-up area at front entrance. . . Surrounded by established businesses and accessible via major routes, this location benefits from consistent foot and vehicle traffic, increasing both tenant stability and long-term property value. With its low-risk profile and growing returns, this is a rare chance to secure a cash-flow-positive asset in one of St. Pete's most vibrant commercial corridors.
Location
State FL
County Pinellas
Community West Central Ave Sub
Area 33711 - St Pete/Gulfport
Direction S
Interior
Heating Central,Electric
Cooling Central Air
Exterior
Parking Features Parking Spaces - 13 to 18
Utilities Available BB/HS Internet Capable,Public,Water Connected
Roof Type Shingle
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Ownership Other
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8362460