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6351 49th St N,  Pinellas Park FL, 33781

(Active)
$3,500,000
|
12,688 sqft
|
MLS# U8239065
Last Updated: 5/10/2024 3:35 AM
Description for 6351 49th St N Pinellas Park, FL 33781
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.
Price
$3,500,000
PINELLAS FARMS
Pinellas
12,688 (approx)
U8239065
Active
Description
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, 1 Story
1.79 Acres 12,688 (approx) 1957
1 Block
30//
PINELLAS FARMS
Slab
Public
Public Sewer
Electricity Available, Water Connected
3 Total
Neighborhood
Room Information
Interior Features
Concrete, Carpet
Central Air
Other, Central
Display Window(s)
Fire Sprinkler System, Security System, Smoke Detector(s)
Exterior / Lot Features
Block
Built Up
130x600
Front - 100
M-1
Community Features
Fire Sprinkler System, Security System, Smoke Detector(s)
Driving Directions
From North: Take 49th St N. south from Park Blvd to address on east side of 49th St N. From South: Take 49th St N. north from 62nd Ave N and just 2 properties north on east side of 49th St N.
Financial Considerations
33-30-16-69948-100-3101
$14,419
Cash, Conventional
Listing Price History

Pinellas Park Real Estate

Pinellas Park is located in Florida. Pinellas Park, Florida 33781 has a population of 52,406.

The median household income in Pinellas Park, Florida 33781 is $49,436. The median household income for the surrounding county is $58,167 compared to the national median of $66,222. The median age of people living in Pinellas Park 33781 is 48 years.

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Courtesy: BRODERICK & ASSOCIATES INC, 727-544-1403


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/10/2024 3:35 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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