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  West Coast Downtown Inn with Restaurant License!


126 4th Avenue, NE, St Petersburg, FLORIDA 33701

$1,000,000

Within 1 block of the new Chihuly Glass Collection and close to the new Dali Museum opening in 2011, this location is perfect for art loving guests! Not often do Buyers find a property which has been “gutted” and rebuilt as a “Dream Inn” with all the features a guest could desire. This 1910 rooming house is one such property. From the ground up, beginning in 1998, modern technology was used to create a first class inn with a location in downtown St. Petersburg that is premier!

Not only were walls removed, moved and added, but sound insulation was installed to reduce not only inside noise but outside noise as well. Windows had to be removed and a crane used to bring an elegant slipper tub into one of the bathrooms! Moving the furniture to the now favorite “Honeymoon Suite” on the third floor was another experience! This grand lady has many stories to tell and has pictures to document the facelifts, nips and tucks to emerge as the Grand Dame of St. Petersburg.

Now offering 11 elegantly appointed guest suites, 1 bedroom Owners’ quarters, large dining area, sitting area, reception area, meeting room, large commercial kitchen with 3 refrigerators, a freezer, large gas range, commercial laundry facilities, a Men’s and Ladies’ room and a restaurant license, this inn is postured for the next generation of innkeepers who share a love for cooking and overnight guests! Eight of the rooms offer king beds and 3 offer queen beds, all dressed with European style feather toppers. The 200 gallon circulating gas hot water storage tank ensures guests do not run out of hot water in the 8 double whirlpool tubs. All rooms offer TVs, DVD and CD players as well as Wi-Fi access. The commercial zoning as well as the 1/2 block proximity to downtown, tourist attractions and the Bay only add to the desirability of this property.
The commercial zoning also allows many other uses such as offices, private residence, restaurant/tea room with living on the second and third floor. The possibilities are only limited by your dreams. To accommodate other uses, the property is also available unfurnished at $850,000!


1/2 block walk to Downtown! 11 guest rooms, 8 king beds, 3 queen beds 3 Central Heat Pumps 3 Full Size Refrigerators, 2 Small Refrigerators
ADA Accessible Room ADA Ramp Close to the Beach! Close to the major tourist attractions
Commercial Kitchen with gas range Convenient to shopping and restaurants! Fire Sprinklers Full Commercial kitchen
Furnished with antiques and vintage pieces! High repeat and referral business! Historic Neighborhood Proven business with good income!
Reception Area Water Softener Wonderful landscaping with fountains Zoned Commercial.


  

Property Type:Hospitality/Inn
MLS Number:122584
Year Built:1910
Guest Bedrooms:11
Guest Bathrooms:11
Square Feet:5610 - Tax Rolls
Lot Size:50 X 200
Number of Buildings:1
Stories:3
Company:JM Properties
Broker:Jeannette Moore
Direct:(904) 814-2600
Email:Click Here
Broker:Broker
Broker Phone:(904) 814-2600

The information presented here is deemed reliable, though not guaranteed.
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