6351 49th St N Pinellas Park, FL 33781

Mixed Use Residence

Beds

Baths

... Bed/Bath

13,248 Sq. Ft.

Property Activity

Time on Site

days

Days on Market

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Last updated on 6/29/2024 10:19 PM

Listing Details

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 Academ...y, 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. Continue reading

MLS#

U8239065

Property Type

Mixed Use

Year Built

1957

Square Feet

13,248 sq. ft

Lot Size

1.79

Stories

1.0