Serious Ground Floor Retail in Downtown St Pete Florida * Chic Office Space Upstairs
The Historic Harlan Hotel in Downtown St Petersburg is now available for Retail and Office Leasings.
Here is an opportunity to lease in a building that is a part of St Pete's history and in a desirable district in St Pete's downtown. A building of this stature is very scarce, there are but a few buildings of this nature on the market in all of downtown.
The Offering is for a 1925 historical building consisting of 4 floors. The building was originally built as a hotel in the first years of St Petersburg 1920's boom.
The first floor is 3800 sf mol, it appears the highest and best use would be a Restaurant or Retail Use. Ground Floor Lease Rate is $35.00 NNN.
The second floor is currently a mezzanine built out for office. $26.00 NNN for this level.
The third and fourth floors are in the finishing stages. Plans and permits have been completed for additional renovations. The top floors are being designed for Class A Offices with expected Lease rates of $25.00 per sf NNN.
The Landlords have been good stewards of the Harlan Hotel 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 is a brand new complete updated TPO Roof with double insulation. The building has been recently tented for termites and carries a lifetime warranty. The building recently had an asbestos survey and has a clean bill of health. All the floors will have new HVAC. New Windows installed in 2006 and Fire Sprinkle updated & certified.
There are 20 reserved parking spaces available off-site.
Location Description: The address is 15 - 8th Street North which constitutes a location just off the famed Central Avenue in Downtown St Petersburg. The Site faces 8th Street North and sits between two major lighted intersections of Central Avenue and First Ave North.
The Location could not be any better because it abuts the two most trending districts in Downtown St Pete > The 600 Block of Central Avenue and the Edge District.
On top of all that, the property is directly across from St Pete's newest premier development - ICON Central by Related which is 15 floors with 377 apartment homes and 19,000 sf of retail.
The Address is beyond convenient, being only minutes to many of the popular neighborhoods in St Petersburg, such as Uptown, Kenwood, Old Northeast, Old Southeast, Euclid / St Paul, Allendale and Snell Isle. The Site is also 2 minutes to the Interstate, 3 minutes to US HWY 19 N and only 14 minutes to the Beaches and Tierra Verde.
