Unique Investment Opportunity: Mixed-Use Property with Sale Lease Back Option. Experience a unique investment opportunity with this 13,000 square-foot mixed-use property prominently housing the BT Sports Academy. This expansive site includes three units, two of which are currently used by the Academy, and features over an acre of fenced soccer fields for enhanced security and enjoyment. Strategically situated with access from 49th Street and additional parking via a southern easement, this property offers outstanding visibility and high daily traffic of over 27,000 cars, ensuring maximum exposure. The owner proposes a sale lease back option for five years with a $1.5 million down payment and terms to be negotiated under a purchase and sale agreement. Upgraded for optimal performance and safety, the building includes a fully sprinklered system with fire alarm monitoring ($95,000 value) and a new TPO roof installed in 2023 ($45,000 value). The lounge area is cooled with two 5-ton AC units, and the gym features 5 mini-split AC systems, combining comfort with functionality. The property has 17 regular parking spaces and 1 handicap, with over 70 overflow parking along south easement. Zoned M1 with permissions for club and lodging uses, potential re-zoning could expand uses to include warehouse, retail, club lodging, or workforce housing. Additional features include multiple overhead doors and a well-appointed lounge area suitable for events and catering. Seller financing is available, making this an excellent opportunity for those looking for a versatile property in the heart of Pinellas Park. Don't miss out on owning this distinctive location.
MLS# | U8239065 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | For-sale |
Status | Active |
Year | 1957 |
Days On Site | 177 |
Listing Provided By | BRODERICK & ASSOCIATES INC | Sean Broderick |
SQ Feet | 12,688 |
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Story(s) | 1 |
Units | 3 |
Zoning | M-1 |
Acreage | 1.79 |
State | FL |
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County | Pinellas |
City | PINELLAS PARK |
Zip Code | 33781 |
Area | 33781 Pinellas Park |
Community Name | PINELLAS FARMS |
Listing VS Median (in PINELLAS FARMS) | |
Price: $3,490,000 low | high Med: $687,000 SqFt: 12,688 low | high Med: 2,263 $ / SqFt: $275 low | high Med: $306 On Site: 177 low | high Med: 98.000000 |