1700 DR MARTIN LUTHER KING JR STREET N UNIT A

For sale Days on market 136

$2,400,000

$415/sq ft

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Overview

Year Built

1986

Sqft

5784

Property Type

Office

Property Description

Under contract-accepting backup offers. Welcome to 1700 Dr. Martin Luther King Jr Street North, a rare opportunity to acquire a turnkey medical and wellness facility in one of St. Petersburg’s most sought-after corridors. Just minutes from downtown, this nearly 6,000-square-foot concrete block building sits on a large 21,275-square-foot lot with prominent street frontage and ample parking. The property offers exceptional flexibility with a layout that includes 14 private offices or treatment rooms, five bathrooms, a full kitchen, a separate kitchenette, and a spacious reception area. The building is thoughtfully configured and could easily be divided into two independent suites, making it suitable for a variety of professional uses. That said, this space is ideally positioned for someone in the healthcare, chiropractic, physical therapy, or Pilates world—especially given the extensive, high-end equipment being included in the sale. Over $460,000 worth of professionally appraised medical and wellness equipment is included, making this a truly plug-and-play opportunity. Among the featured items are DRX 9000 spinal decompression systems, a TheraLight 360 red light bed, Cryo Science chamber, Aspen Class IV cold laser, Clearlight sauna, Neubie E-Stim unit, PiezoWave shockwave system, and an immaculate Pilates studio outfitted with Reformers, Cadillacs, Chairs, and more. The space has been meticulously maintained and offers everything needed to launch or expand an integrative health practice under one roof. Located in a high-traffic area with a Walk Score of 88, the site benefits from excellent visibility and a natural flow of daily exposure—providing built-in passive marketing to help grow your brand. St. Pete is known for its health-conscious community, and this facility is perfectly aligned to meet the growing demand for holistic, rehabilitative, and performance-based treatments. While the preference is to sell the building and equipment together to a buyer who can utilize the full potential of the space, the seller is open to separating the real estate and equipment if needed. This is a rare chance to own a professionally outfitted health center in a booming area ready for its next chapter.

Property Details

MLS#

TB8379976

Total Floor in Bldg

Address

1700 DR MARTIN LUTHER KING JR

City

St Petersburg

State/county

Zip/Postal Code

33704

Area

Lambrechts Rep

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$18,637

Maint Fee

$--

Tax Year

2024

Dishwasher

Dryer

Microwave

Refrigerator

Washer

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