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Available For Sale - Office

7,950 SF | Show Pricing $

AVAILABILITY DETAILS

Size
7,950 SF
Price/SF
Show Pricing $
Listing ID
SA383208
Notes
Commercial Real Estate Opportunity in Downtown St Petersburg, Florida

The Historic Veritas Courtyard in Downtown St Petersburg is available for purchase. Rarely is there an opportunity to purchase a building and a piece of St Pete's history in this very desirable downtown. A building of this stature is very scarce, there is less than 3 buildings of this nature on the market in all of downtown.



The Offer is for a 1923 building consisting of 2 floors. The building was originally built in the first years of St Petersburg 1920's boom. The first floor is 3950 sf mol that is currently used as an office and has a very tasteful buildout. The Bottom floor could be potentially to return it to a Retail Use if so desired . Ground Floor Lease Rate of $29.00 NNN could be commanded. The second floor is built out as Class A Offices with expected Lease rates of $22.00 per sf NNN.



The Sellers have been good stewards of the Veritas Courtyard and have updated or enhanced the Site in numerous instances. The Sellers have completed and paid for many instrumental items to ensure a healthy, safe and long life of the structure. The Roof was updated in 2005. HVAC was done recently in 2011. Additional updates were completed in 2011. The parking lot had a complete re-surface in 2001.

There is 10 reserved parking spaces available on site.

Please note this is Commercial Real Estate in a destination downtown in a destination city in a destination state.



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Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jonny Reno La Budde, AXXOS
BRE# SL3088599