1139 Dr Martin Luther King Jr STREET S, St. Petersburg, FL, 33705

1139 Dr Martin Luther King Jr STREET S, St. Petersburg, FL, 33705

1956

2,000 sqft

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!


Status:

Active

Type:

Commercial

Complex:

GREENWOOD PARK

Heating:

Wall Units / Window Unit

Cooling:

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

Lot Size:

111 x 130

Acreage:

0.33

Est. Taxes:

$5,461

Construction

Block

Utilities

Public

Days on Market:

1

MLS #:

U8240691


Community Info

School Info

Walk Score

Yelp



Listing courtesy of ASSET MANAGEMENT REAL ESTATE Phone: 727-820-1991