St. Petersburg, FL Commercial Real Estate for Lease and Sale

Explore 267 listings of St. Petersburg commercial real estate to find the best space for your business.

JANNUS LIVE SUITES

200 1st AVENUE NORTH, Downtown St. Petersburg, Saint Petersburg, FL
Property

Office

10,000 SF
Availability

3 Spaces

511 SF
For Lease

$1,500.00/MO
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445 & 447 99th Avenue North

445 99th Avenue North, Riviera Bay, St. Petersburg, FL
Property

Retail

11,647 SF
Availability

1 Space

2,520 SF
Year Built

2016
For Lease Contact for pricing
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CENTRAL GRAND VILLAS and RETAIL

2449 1st Avenue South and 112 25th Street South, Palmetto Park, St Petersburg, FL
Property

VacantLand
For Sale

Subject To Offer
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Bayfront Medical Plaza

601-603 7th Street S., Historic Roser Park, St. Petersburg, FL
Property

Other
Availability

1 Space

19,961 SF
For Lease Contact for pricing
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Baypoint | Baker Building

888 Executive Center Drive W, Riviera Bay, Saint Petersburg, FL
Property

Office

71,382 SF
Availability

3 Spaces

52,347 SF
Year Built

1987
For Lease Contact for pricing
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1601 3rd St S

1601 3rd St S, Old Southeast St. Petersburg, Saint Petersburg, FL
Property

Office

9,076 SF
Year Built

1935
For Sale

$3,000,000
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Baypoint | Franklin Building

701 94Th Ave N, Riviera Bay, Saint Petersburg, FL
Property

Office

39,584 SF
Availability

2 Spaces

9,291 SF
Year Built

1973
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The St. Petersburg commercial real estate market incorporates 2,620,206 square feet of office space across 90 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In St. Petersburg, the coworking segment of the commercial real estate market incorporates about 6,394 square feet.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The St. Petersburg commercial real estate market includes 2,239,616 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the St. Petersburg market, there is a total of 1,389,924 square feet of industrial property.
The listing inventory in St. Petersburg incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in St. Petersburg is represented by Office space, which accounts for 1,001,043 square feet of available listings. Industrial space available in St. Petersburg adds up to 917,767 square feet.

Meanwhile, most of the listings of commercial property for sale in St. Petersburg are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in St. Petersburg is $29.83 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in St. Petersburg can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $40.06 per square foot, industrial space in St. Petersburg saw average rents of $16.08 per square foot.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in St. Petersburg, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in St. Petersburg is in the Downtown St. Petersburg neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown St. Petersburg area.

Meanwhile, retail space opportunities are most abundant in the Downtown St. Petersburg submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Palmetto Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $60 per square foot. In particular, the property type commanding the highest lease rates in St. Petersburg was Retail space.

Conversely, the highest sale price last year was $4,455,300 that is located at 901 22nd Avenue South.
The average size of a commercial property in St. Petersburg depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In St. Petersburg, the average size of an office property is 42,955 square feet.
- Retail properties here incorporate an average of 33,428 square feet.
- Industrial space in St. Petersburg is in buildings that are, on average 51,479 square feet in size.

St. Petersburg, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in St. Petersburg currently add up to 3,258,144 square feet. The market offers 83 active office listing(s), which amount to 1,199,658 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 685,345 square feet across 72 retail space(s). Industrial space for rent opportunities in St. Petersburg amount to 1,268,746 square feet across a total of 30 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	83	1,199,658
Retail	72	685,345
Industrial	30	1,268,746
Other	6	104,395

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in St. Petersburg, FL. Currently, there is 5,032,388 square feet of commercial property for sale here , which includes 19 office building(s) for sale , 14 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	19	156,377
Retail	14	61,678
Industrial	5	102,380
Other	29	4,711,953

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

St. Petersburg, FL Commercial Real Estate for Lease and Sale

JANNUS LIVE SUITES

445 & 447 99th Avenue North

CENTRAL GRAND VILLAS and RETAIL

Bayfront Medical Plaza

Baypoint | Baker Building

1601 3rd St S

Baypoint | Franklin Building

Frequently Asked Questions

St. Petersburg, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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