For Sale
$3,999,000

1510 1St AveSt. Petersburg, FL 33705

Prime Downtown Retail/Land Play

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional St. Petersburg, FL property presents a unique redevelopment opportunity or a prime retail/restaurant/bank location. Situated on a 11,400 sq ft lot at 1510 1st Ave N, this 4,520 sq ft building offers significant potential. Built in 1949 by Florida Power, the structure boasts impressive features including a 16-inch thick Art Deco facade, double-door entryways, generous retail windows, and high (at least 11 ft) ceilings. The interior comprises approximately 4,090 sq ft of showroom, office, and warehouse space, plus a 430 sq ft basement and a loft area. Ample parking (30 spaces) is provided. The property benefits from superior DC-1 zoning, allowing for a 3.0 FAR, with bonus potential up to 5.0 or even 8.0 FAR with appropriate approvals. Maximum building heights range from 125 ft to 200 ft, depending on approvals. This location is ideally situated near three vibrant downtown shopping and dining districts (The Edge District, Warehouse Arts District, and Grand Central District), Tropicana Field, and major thoroughfares. The asking price is $3,999,000. A separate marine business currently operating within the building is also available for purchase.

Highlights

  • Prime Downtown St. Petersburg Redevelopment Opportunity or Existing Retail Building with Parking for Sale.
  • Florida Investment Opportunity in the Tampa Bay Metro Area.
  • Exceptional Location in St. Petersburg's Downtown Core.
  • Surrounded by Three Thriving Shopping & Dining Districts (Edge, Warehouse Arts, Grand Central).
  • High Visibility near Tropicana Field and Central/First Avenues.
  • Excellent Exposure on 16th Street North and the Pinellas Trail.

Property Details for 1510 1St Ave

Property type
Retail properties, Restaurants
Square Feet
4,520 SF
Year Built
1949

Location Insight

City
St. Petersburg
County
Pinellas
State
Florida
Latitude
27.7717315
Longitude
-82.65456
1510 1St Ave, St. Petersburg, Florida

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1510 1St Ave
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