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4643 73rd Ave

Pinellas Park, FL 33781

Active

Asking Price: $1,250,000

 

For: Sale

Property Type: Multi-Tenant Warehouse

Building Size: 8,750 SF (2 Buildings)

Lot Size: 0.54 AC

Year Built: 1960 / 1973

Zoning: B-1

 

• Value add opportunity with below market rents

 

• Month to month tenants with no leases

 

• Can be redeveloped with multifamily, 15 to possibly 24 units per acre

 

• New TPO roofs in 2017 and 2018

 

• Owner will vacate upon closing

 

Bridgewater Commercial is pleased to present a versatile B-1 zoned multi-tenant warehouse located one block south of Park Boulevard in the Pinellas Park Community Redevelopment District (CRD). The warehouse features under-market rents and presents a strong value-add opportunity through rental growth, lease stabilization, and potential owner-occupancy. This functional, affordably priced building in a prime Pinellas Park location is ideal for contractors, service businesses, light industrial users, or owner-users seeking well-located space with significant upside potential.

 

The warehouse is priced at $1,250,000 and consists of 8,750 square feet across two buildings (built 1960 and 1973) on 0.53 acres. On an in-place annualized basis as of October 1, 2026, the property generates $66,600 in rental income and $47,285 in Net Operating Income. Under 2027 proforma assumptions, Net Operating Income increases to $103,185.

 

The complex includes a 3,750 SF building constructed in 1960 and a 5,000 SF building built in 1973. Both buildings offer nine-foot clear ceiling heights. The 1960 building features two loading ramps and a van-high dock with new overhead doors in 2024, along with 220-volt single-phase power. The 1973 building contains three current units with a mix of grade-level overhead doors and 3-phase power available in select units. The property currently has four tenants occupying 6,000 SF with the remainder owner-occupied. All tenancies are month-to-month.

 

Located one block south of Park Boulevard, the property is within a five-minute drive to I-275 and US 19. The B-1 zoning is highly flexible and supports multifamily development, live/work units, light repair and assembly, mixed-use, auto repair, retail sales and repair services, indoor storage, contractor offices and shops, and numerous additional uses.

 

Contact

Jack Wynne

Jack@BridgewaterCommercial.com

(727) 519-3607

 

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