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551-561 Central Ave
Saint Petersburg, FL 33701

Central Park St. Pete · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
28,000 SF
Building Class
B
Year Built/Renovated
1928/2025
Tenancy
Single
Building Height
5 Stories
Building FAR
3.06
Lot Size
0.21 AC
Zoning
CDB-1 - Central Business District
Parking
8 Spaces (0.29 Spaces per 1,000 SF Leased)
Frontage
80 FT on Central

Amenities

  • Restaurant

About 551-561 Central Ave , Saint Petersburg, FL 33701

THIS IS A CONFIDENTIAL LISTING. PLEASE DO NOT APPROACH THE CURRENT RESTAURANT STAFF OR OWNERSHIP. Restaurant, Retail and Office 16,000 +/- space on the 500 block of Central Avenue. Nearly 8,000 SF available on the 1st floor with 80 +/- FT of frontage on Central Avenue currently operating as a 6,000 SF successful restaurant with 250 seats and outdoor patio Great for a large restaurant or food hall tenant as well as retail. Multiple hood vents, walk in refrigerator/freezer and open kitchen. Additional 2000 SF on ground floor available for retail. Nearly 8,000 SF available on the 2nd floor, excellent shell for a single or multiple office tenants or residential use. Excellent investment or redevelopment opportunity. Five multi-story luxury apartment projects are nearly complete or planned within walking distance, adding 1,500 units to the 1,340 units finished in the last three years. Nearly a half billion dollars worth of construction is underway or expected to start this year in the St. Petersburg CBD; including museums, apartments, condos, a new police station and a dozen other projects contributing to one of the biggest building booms in St. Petersburg’s 130 year history.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-31-17-74466-028-0130
Land Assessment
$1,428,000
Improvements Assessment
$0
Total Assessment
$1,428,000
  • Listing ID: 11227686

  • Date on Market: 1/12/2018

  • Last Updated:

  • Address: 551-561 Central Ave, Saint Petersburg, FL 33701

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