Renovated Restaurant/Cafe Space Ready
For Lease
$54,336
4950 1ST Ave N, St Petersburg, FL 33710
Turnkey restaurant/cafe space in a dynamic St. Petersburg neighborhood.
Space SizeContact for details
Property Size1,140 SF
Lot Size0.11 Acres
Days on Market156
Property Features for 4950 1ST Ave N
General Information
Standard status
Active
Size
1,140 SF
Lot size
0.11 Acres
Property subtype
Commercial
Lease Term
3 to 5 years
Taxes and HOA fees
Annual Taxes
$3,270
Building Details
Building Size
1,140 SF
Year Built
1951
Listing Agency:
INSTA REAL ESTATE SOLUTIONS
(727) 463-2274
Listed By:
Michael Schultz
(727) 463-2274
Source:
Elliman
Added: Mar 10
Changed: Aug 9
Last Checked: Aug 9 at 9:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INSTA REAL ESTATE SOLUTIONS
Investment Insights
Based on property information with market context.
This 1,430 square foot restaurant or cafe space, with an additional 250 square foot outdoor dining area, is located in a dynamic and growing neighborhood of St. Petersburg. The property is undergoing a complete renovation and will be delivered in early 2026 as a modern, turnkey-ready property designed for food and beverage operators. The conceptual design includes a bar area, open dining space, two restrooms, and storage/utility space. It features a new roof, HVAC system, updated electrical and plumbing, and a refreshed interior and exterior. Illuminated signage is available on 1st Avenue North, and there are nine on-site parking spaces, including ADA-compliant access. The property will be delivered as a fully upgraded vanilla shell, ready for the tenant’s custom FF&E. Positioned at the crossroads of Central Oak Park and Live Oak, it is located minutes from Downtown St. Pete, the Gulfport Arts District, Treasure Island, and Madeira Beach, with easy access to U.S. 19 and I-275. It is adjacent to the SunRunner rapid bus line. This location is suitable for specialty coffee shops, artisan bakeries, destination cafes, or unique dining concepts. The property's location ensures easy access for local residents.
Key Highlights
- Prime Location: Situated in a dynamic, growing neighborhood at the crossroads of Central Oak Park and Live Oak, with easy access to Downtown St. Pete, Gulfport Arts District, and beaches.
- Turnkey‑Ready Space: Delivered in early 2026 as a fully renovated, modern, and upgraded vanilla shell, ready for tenant's custom FF&E.
- High Visibility & Accessibility**: Illuminated signage on 1st Ave N, nine on‑site parking spaces (including ADA), and adjacent to the SunRunner rapid bus line.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 85%
Shops & Services 15%
Starbucks
Dining
13,689 visits/mo
0.4 miles
Truist
Shops & Services
1,952 visits/mo
0.2 miles
Hungry Howie's Pizza
Dining
1,259 visits/mo
0.4 miles
Bank OZK
Shops & Services
600 visits/mo
0.2 miles
Demographics for 33710, FL
33,172
Population
16,767
Households
2
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,147
Density / Sq Mi
$76,908
Median Household Income
$46,520
Median Earnings
$1,577
Median Rent
$312,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- WELL SEASONED CATERING LLC — 4536 10th Ave S, St. Petersburg, FL 33711
- NyeLuxe Kreations & Catering — 201 45th St S, St. Petersburg, FL 33711
Frequently Asked Questions
What type of property is this?
Restaurant - Turnkey restaurant/cafe space in a dynamic St. Petersburg neighborhood.
Where is this restaurant located?
The property is located at 4950 1ST Ave N St Petersburg, FL.
What is the lease rate?
The lease rate is $54,336.
What are key features of this property?
This property features: Prime Location: Situated in a dynamic, growing neighborhood at the crossroads of Central Oak Park and Live Oak, with easy access to Downtown St. Pete, Gulfport Arts District, and beaches.; Turnkey‑Ready Space: Delivered in early 2026 as a fully renovated, modern, and upgraded vanilla shell, ready for tenant's custom FF&E.; High Visibility & Accessibility**: Illuminated signage on 1st Ave N, nine on‑site parking spaces (including ADA), and adjacent to the SunRunner rapid bus line.
