423 Corey Avenue, ST PETE BEACH, FL

$1,400,000

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3,482

Square feet

0.11

Acres

About 423 Corey Avenue

One or more photo(s) has been virtually staged. Presenting 423 Corey Ave - a remarkable Historic Corey Avenue Town Center Building nestled in the bustling heart of St. Pete Beach, Florida. This property stands as a golden opportunity for both investors and business visionaries seeking versatility. Positioned between the Gulf of Mexico and Boca Ciega Bay, it offers prime storefront space in the coveted Corey Avenue Shopping District. Comprising three commercial units alongside a charming 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, this property spans over 3,400 square feet, opening doors to potential rental income or an integrated business and living environment. With a total configuration of 4 spaces, 4 bathrooms, a laundry room, storage facilities, 4 separate meters, and a fenced-in courtyard with access to 3 spaces, the possibilities are endless. Previous uses of the commercial units range from boutiques and specialty shops to craft stores and unique gift shops. Imagine transforming these spaces into a nail salon, souvenir shop, or trendy café/bakery, as illustrated in the virtually staged photos. Moreover, Corey Avenue itself boasts an eclectic array of dining options, with many restaurants offering outdoor 'pet-friendly' dining experiences. For over six decades, Corey Avenue has been a vibrant epicenter, drawing visitors from far and wide with its welcoming ambiance, exceptional sales, and vibrant events. The Corey Avenue Business Association hosts an array of engaging events year-round, including parades, wine tastings, arts and crafts festivals, and a bustling Sunday Morning Market from October through May, featuring up to 80 vendors and live music. Recent upgrades including a new roof (2023), restored hardwood flooring (2023), HVAC and ducting (2023), paint, and minor repairs, enhance the property's appeal and functionality. This prime location offers a lucrative opportunity to establish or expand your business amidst a thriving retail landscape. Boasting a storefront with high foot traffic in a well-preserved historic beach shopping center, this property is an ideal choice for any retail business seeking maximum exposure and foot traffic. Vacant and ready for immediate use, it presents an excellent opportunity for business growth or startup endeavors. Customers enjoy convenient access and ample parking, while the property's 0.11-acre lot offers room for displays and signage. The unique inclusion of a second-story 2-bedroom, 1-bathroom residence adds further allure to the property. Zoned within the Town-Center-1 Core District, it serves as the city's hub and supports medium to high-intensity land uses, fostering a pedestrian-friendly environment. Seize this extraordinary chance to secure a coveted retail space in the heart of Corey Ave, St. Pete Beach! Embark on this exhilarating journey by scheduling a viewing appointment today!

Features of 423 Corey Avenue

MLS® # U8228348
Price $1,400,000
Bathrooms 0.00
Square Footage 3,482
Acres 0.11
Year Built 1941
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 423 Corey Avenue
Area Pass a Grille Bch/St Pete Bch/Treasure Isl
Subdivision ST PETERSBURG BEACH REP
City ST PETE BEACH
County Pinellas
State FL
Zip Code 33706

Amenities

Parking Parking Spaces - 6 to 12
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Central, Electric
Cooling Central Air
Fireplace No
# of Stories 2

Exterior

Lot Description Central Business District, Flood Insurance Required, City Limits
Roof Shingle
Foundation Concrete Perimeter, Slab

Additional Information

Date Listed January 29th, 2024
Days on Market 109
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentPam Moll
OfficeCOLDWELL BANKER REALTY

Listing Map

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