423 COREY AVENUE,ST PETE BEACH,Pinellas,Commercial Sale

Description

One or more photo(s) has been virtually staged. Introducing 423 Corey Ave – a remarkable Historic Corey Avenue Town Center Building located in the vibrant heart of St. Pete Beach, Florida. This property is a fantastic opportunity for both investors and business owners looking for versatility. Situated between the Gulf of Mexico and Boca Ciega Bay, it boasts prime storefront space in the Corey Avenue Shopping District. This building offers three commercial units along with a 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, totaling over 3,400 square feet for potential rental income or a combined business and living space. Total configuration includes 4 spaces, 4 bathrooms, a laundry room and storage, 4 separate meters, a fenced in courtyard with access to 3 spaces. All commercial spaces have two exit doors. The three commercial units (429 , 425, 423 Corey) have previously been used for various purposes, such as boutiques, specialty shops, craft and jewelry stores, clothing boutiques, and unique gift shops. You can also envision these spaces as a nail salon, souvenir shop, or café/bakery, as shown in the virtually staged photos. Corey Avenue itself is home to a diverse range of restaurants from casual dining to fine cuisine. Many of these eateries offer outdoor ‘pet-friendly’ dining options. Corey Avenue has been a thriving hub at the heart of St. Pete Beach for over six decades, attracting visitors from all corners of the globe who return year after year for its welcoming atmosphere, excellent sales, and exciting events. The Corey Avenue Business Association hosts a variety of enjoyable events year-round, including parades, wine tastings, arts and crafts festivals, and a Sunday Morning Market from October through May, featuring up to 80 vendors and live music. Owners have added a new roof (2023), restored hardwood flooring (2023) HVAC and ducting (2023), paint and minor repairs. This prime location presents a lucrative opportunity to establish or expand your business in a high-traffic area surrounded by successful retail establishments. With some modifications, it can be tailored to your needs, whether by retaining the existing layout or creating a single, spacious area. There is a carport in the back alley as part of the lot that can accommodate an additional 6 plus vehicles. This property features a storefront with a high volume of foot traffic in a well-preserved historic beach shopping center, making it an ideal choice for any retail business seeking maximum exposure and foot traffic. It is vacant and ready for immediate use, providing an excellent opportunity for business expansion or startup. Customers have convenient access and ample parking in front, and there is also room for displays/signage on the 0.11-acre lot. 423 Corey Avenue building is unique in that it has a second story 2 bdrm , 1 bth residence. The property falls within the Town-Center-1 Core District, serving as the hub of the city and designed to support medium to high-intensity land uses. This district fosters a pedestrian-friendly environment, allowing for residential uses, albeit as part of a mixed-use development, and not residential on the ground level of the structure. Seize this extraordinary chance to secure a coveted retail space in the heart of Corey Ave, St. Pete Beach! To embark on this exhilarating journey, please schedule a viewing appointment today!