Sustainable Infrastructure RARE Asset with Income

1950 - 1980 Central Avenue, St. Petersburg, FL 33712

Property Information

  • For Sale $3,099,000
  • Property Type Retail - Restaurant
  • Property Size 5,050 SF
  • Lot Size 0.23 Acre
  • Property Tenancy Multi-Tenant
  • LEED Certified
  • Year Built 2012
  • Date Updated Jun 1, 2026

Description

Positioned on a highly visible hard corner along Central Avenue in the heart of St. Petersburg's thriving Grand Central District, this property benefits from one of Tampa Bay's most dynamic urban corridors. The location offers exceptional visibility, strong daily traffic patterns, and immediate access to some of the area's most active retail, dining, entertainment, and professional destinations. Grand Central has evolved into one of St. Petersburg's most desirable live-work-play districts, drawing a diverse mix of residents, visitors, professionals, and business owners. The surrounding area features a strong concentration of restaurants, breweries, boutique retailers, creative office users, and destination businesses that contribute to consistent activity throughout both daytime and evening hours. The property is also strategically positioned near Historic Kenwood, the Edge District, and Downtown St. Petersburg, creating connectivity to multiple high-growth submarkets while benefiting from substantial residential density and continued investment activity throughout the area. Accessibility further strengthens the location, with convenient proximity to Interstate 275, U.S. Highway 19, major hospitals, universities, and Tampa Bay's regional employment centers. The property's hard-corner positioning, interstate visibility, dedicated flagpole exposure, and substantial signage opportunities create a branding presence rarely available in urban infill locations. Combined with strong pedestrian activity, covered parking, and flexible mixed-use potential, the location presents a unique opportunity for investors, owner-users, and businesses seeking a highly visible and strategically positioned commercial asset within one of Florida's most active and growing markets.1950 Central Avenue presents a well-situated industrial asset offering generous floor plates and a flexible interior layout tailored for manufacturing, distribution, or value-added light industrial operations. The building delivers a straightforward circulation plan, robust structural integrity, and thoughtfully configured support spaces that accommodate administrative functions and ancillary storage. Extensive glazing allows natural light into office zones, while the clear, open production areas effortlessly adapt to evolving workflow demands. This property stands as a practical solution for investors seeking a resilient, income-producing industrial presence along a central St. Petersburg corridor.

Highlights

  • Approximately ±2,300 SF restaurant component providing existing income with approximately ±2,750 SF available for owner-user occupancy or lease-up
  • Dedicated flagpole and signage opportunity visible from Interstate I-275, creating rare branding exposure for owner-users and tenants
  • Flexible mixed-use configuration capable of functioning as three separate units, a two-unit income-producing asset, or a full-building owner-user headquarters opportunity
  • Highly adaptable floorplan suitable for professional office, medical, technology, financial services, creative office, showroom, or boutique headquarters use
  • Interstate visibility, strong street presence, and extensive storefront glass creating exceptional branding and marketing opportunities
  • Modern executive-style office buildout with polished concrete flooring, glass conference rooms, exposed ceilings, abundant natural light, and institutional-quality finishes
  • Prime hard-corner location in the heart of St. Petersburg’s Grand Central District with exceptional visibility and accessibility
  • Rare combination of existing income, owner-user flexibility, sustainable infrastructure, and urban visibility within one of Tampa Bay’s most active growth corridors
  • Rare urban parking configuration with approximately sixteen (16) tandem parking spaces and EV-capable infrastructure
  • Sustainable infrastructure featuring advanced energy-conscious building systems, solar infrastructure, and geothermal HVAC technology

Contacts

Jennifer "Jenna" Malowany

AXXOS

Location

Located at 1950 - 1980 Central Avenue, St. Petersburg, FL 33712, this property is part of the Grand Central District neighborhood and Tampa St Petersburg Clearwater market.

Contact Listing Broker
Jennifer "Jenna" Malowany

AXXOS

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