Back to Search
3501 1st Ave
For Sale $999,000 ($380.14 per Sq Ft)
$999,000 ($380.14 per Sq Ft)
- Units
- 2,628 Sq Ft
- 20,826 Sq Ft
- Unknown Cap Rate
Description
Low-Risk Investment with Annual Growth | Prime St. Petersburg Location . . . Rare opportunity to own a Triple Net (NNN) leased commercial building in the heart of St. Petersburg—an ideal addition to any investment portfolio, especially for hands-off investors or those pursuing a 1031 Exchange. . . This 2,628 square-foot standalone building is fully leased to a well-established veterinary hospital. The long-term tenant is responsible for rent, 50% of annual property taxes, insurance, all operating expenses, utilities, and lawn maintenance —offering a reliable and low-maintenance income stream. . . INVESTMENT HIGHLIGHTS: Annual 3% Rental Increases: Consistent cash flow with built-in growth – LEASE TERM: 5 years remaining with a 5-year renewal option - TENANT: Thriving veterinary hospital in operation – PRIME CORNER LOCATION: 1st Avenue S & 35th Street—just one block from US-19/34th Street, ensuring visibility and high traffic volume – UPGRADES & MAINTANENCE: New roof, painted soffit/fascia (2024), and $12,000 in elective tree removal and pruning—reflecting proactive care. . . PROPERTY FEATURES: 11 Parking Spaces (including 2 ADA-compliant) + dedicated staff/doctor parking. . . Three convenient driveways for easy ingress/egress. . . Circular drop-off and pick-up area at front entrance. . . Surrounded by established businesses and accessible via major routes, this location benefits from consistent foot and vehicle traffic, increasing both tenant stability and long-term property value. With its low-risk profile and growing returns, this is a rare chance to secure a cash-flow-positive asset in one of St. Pete’s most vibrant commercial corridors.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $999,000 |
| Property Type | Business |
| Usable Sqft | 2,628 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1978 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 223116962190020010 |
| MLS # | TB8373879 |
| Property ID | 321878893 |
| Lot Sqft | 20,826 |
| Zoning | Unknown |
| Days on Market | 316 |
| Original List Price | $1,295,000 |
| Date Updated | December 03, 2025 |
| Date Created | April 09, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Karen Apa an agent of . Lic #3376684
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 03, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT