The historic North Ward School, located along St Pete’s bustling 4th Street corridor, has recently completed a major renovation and is now a beautiful mixed-use office & retail asset that has recently been put on the market for sale. This 100-year old brick school house sat neglected for years until the current owner- a prominent St Pete developer- purchased it in 2014. Since the completion of the renovation in October 2017 the site has attracted many local and national tenants attention. The owner has curated an excellent mix of uses to date, but for an owner/user there is still room for someone to put their offices upstairs and benefit from the income produced by this multi-tenant building.
The project is an excellent example of adaptive reuse and while it has been renovated to meet the needs of today’s tenants it has managed to keep its charm as well. The original hardwood floors, for example, are still seen throughout the building. Brick walls are left uncovered and the original center staircase has been brought back to life.
Sale Price: $5.583MM
$/SF: $366
Use: Mixed – Office & Retail
Renovated: 2017
Corridor: 4th Street N.
This asset is being sold by Lauren Campbell and Anthony Bernabe, agents at Equity- a national real estate services firm. Please visit the property’s website or reach out to Lauren at lcampbell@equity.net or Anthony @ bbernabe@equity.net for more information.