A two-story structure, operating as The Inn On Third for the past 20 years, at 342 3rd Avenue N. in downtown St. Petersburg, has entered the market with an asking price of $4.8 million.
Built in 1937, the 6,891 gross square-foot property provides strong visibility with 40 feet of frontage on 3rd Avenue N. The downtown Looper Trolley stop is one block away.
Inside is a lobby with a sitting area, 21 licensed rental units with a combination of two twins and one queen bed rooms, and one unit for the owner or an employee. Each room is individually decorated with antiques and has its own ensuite bathroom…