15 8th Street N
ST PETERSBURG, FL 33701

$2,995,000

Description

Historic Harlan Hall in Downtown St Pete 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 are less than 4 buildings of this nature on the market in all of downtown. 1925 historical building consisting of 4 floors. Originally built as a hotel in the first years of St Pete's 1920's boom. The first floor is 3800 sf mol that is currently used as an office but the highest and best use would be to return it to a Retail Use. Ground Floor Lease Rate of $35.00 NNN could be commanded. The second floor is currently a mezzanine built out for office. 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 $22.00 per sf NNN. The Sellers have been good stewards of the Harlan Hall 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. Brand new roof complete updated TPO Roof with double insulation. Recently tented for termites and carries a lifetime warranty. Recently had asbestos survey and has a clean bill of health. Offices on the first and second floors have new HVAC. New Windows installed in 2006 and Fire Sprinkle updated & certified. There are 20 reserved parking spaces available off-site.

Details

MLS#T3157756
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusPending
Year1925
Days On Site123

Features

SQ Feet13,980
Story(s)1

Loading Form

Loading Form

Area Information

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33701
Area33701 - St Pete
Listing VS Median (in 33701)
Price:
$2,995,000
low | high
Med:
$430,000
100% of Average
SqFt:
13,980
low | high
Med:
1,276
100% of Average
$ / SqFt:
$214
low | high
Med:
$337
7.299783861294% of Average
On Site:
123
low | high
Med:
72
100% of Average
Listing Updated: 06/24/2019
MLS Number: T3157756
Listing Provided By:
Marsh Bilby  of  KELLER WILLIAMS ST PETE REALTY

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.