Crescent Lake Center

For Sale

2180 4th St. N., St. Petersburg, FL 33704

This St. Petersburg property for sale is located at 2180 4th St. N.. The current listed sale price for Crescent Lake Center is $2,995,000.

Contacts

broker
Chris Niewiarowski

European Equities

Property Details

  • Property Type Retail
  • Year Built 1974
  • Date Updated Jun 2, 2025

Offered at $4,361,325 | 4.12% Cap Rate | Single-Tenant NNN Lease

Exceptional opportunity to acquire a well-positioned retail bank property in a high-traffic commercial corridor of St. Petersburg, Florida, just minutes from I-275 and with convenient access to the Tampa, Clearwater, and Sarasota markets.

This 4,148 SF freestanding bank building sits on a 0.47-acre corner lot with 226 feet of frontage along 22nd Avenue, providing excellent visibility and accessibility. The property features Class B construction, a 2-story layout, and 20 dedicated parking spaces (5.41 spaces per 1,000 SF).

Built in 1974 and zoned CCT-2 (Corridor Commercial Traditional), the site offers long-term flexibility and stability for investors. The asset is leased to a single, creditworthy tenant under a NNN lease, generating a net operating income (NOI) of $179,687 annually, with minimal landlord responsibilities.

Property Highlights:

  • Price: $4,361,325
  • Cap Rate: 4.12%
  • Building Size: 4,148 SF
  • Lot Size: 0.47 Acres
  • Price/SF: $1,051.43
  • Tenancy: Single-tenant NNN
  • Zoning: CCT-2 – Corridor Commercial Traditional
  • Parking: 20 Spaces (5.41 per 1,000 SF)
  • Frontage: 226’ on 22nd Ave
  • Easy Access to I-275, Tampa, Clearwater & Sarasota


Ideal for passive investors seeking long-term income stability in one of Florida’s fastest-growing markets. This is a rare chance to own a high-performing, low-maintenance asset in a premium location.

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • NNN Investment Opportunity
  • 5% cap rate
  • 5 year term with escalations
  • Signalized Intersection
  • Drive Thru

Getting around

  • 89/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City St. Petersburg, FL
  • Neighborhood Crescent Lake
  • Zip Code 33704
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Rally

    0.04 miles

  • Mobil

    0.25 miles

  • BP

    0.38 miles

  • 7-Eleven

    0.49 miles

  • Shell

    0.50 miles

  • Suhani

    0.53 miles

  • ChargePoint

    0.61 miles

  • Tiger Mart

    0.71 miles

  • Citgo

    0.82 miles

  • Exxon

    0.83 miles

  • Jackson Street Parking Garage

    1.15 miles

  • 7th Avenue Parking Garage

    1.18 miles

  • 22nd Avenue Park & Ride

    1.26 miles

  • Sundial Parking Garage

    1.36 miles

  • Municipal Services Center Parking Facility

    1.41 miles

  • McNulty Parking

    1.54 miles

  • SP+

    1.58 miles

  • Lot 8

    1.66 miles

  • Lot 6

    1.71 miles

  • Lot 5

    1.77 miles

  • Athenian Garden

    0.05 miles

  • The Melting Pot

    0.07 miles

  • Carrabba's Italian Grill

    0.11 miles

  • Panera Bread

    0.13 miles

  • Papa John's

    0.14 miles

  • Outback Steakhouse

    0.14 miles

  • Jersey Mike's Subs

    0.22 miles

  • Evos

    0.32 miles

  • DeNunzio's Pizza

    0.36 miles

  • Casita Taqueria

    0.37 miles

  • Trader Joe's

    0.39 miles

  • The Fresh Market

    0.49 miles

  • Fitlife Foods

    0.56 miles

  • GFS Marketplace

    0.62 miles

  • Rollin Oats Market

    0.67 miles

  • Winn-Dixie

    0.84 miles

  • Save-A-Lot

    0.94 miles

  • Publix

    0.98 miles

  • Dollar Store

    1.06 miles

  • Bodhi Basics

    1.31 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Niewiarowski

European Equities

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