Learn more about this property online at:
https://www2.colliers.com/p-USA1077680
https://www2.colliers.com/p-USA1077680
- For sale
For Sale
$2,750,000 USD
Own a prime piece of St. Petersburg real estate and history! The Playhouse Portfolio consists of 2 buildings (21,246 SF) on 4 parcels (24,000 SF) located at the center of two thriving St. Pete communities -- the Grand Central District and the Warehouse Arts District. Previously listed at $4M, now is the time to take advantage of this remarkable opportunity!
Portfolio Includes:
- 1850 Central Avenue
- Former Playhouse Theatre; Currently vacant with infinite potential for future use
- 14,610 SF
- New roof and abatement
- 1833 1st Avenue South
- Renovated two-story former night club venue
- 6,636 SF
- Income-producing potential
- Billboards
- High visibility from I-275 in both directions
- 121,500 cars daily
- Income-producing lease in place
- Two Vacant Commercial Lots (adjacent parcels west of buildings)
- Currently used for parking
- Special event parking permit for Tropicana Field