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Two-Tenant Retail Dining with Garage Access
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200 1st Ave S, St Petersburg, FL 33701

Two restaurant tenants are connected directly to the McNulty Public Parking Garage, providing convenient, 24-hour parking access.

Property Size9,868 SF
Price / SF$938.89
Days on Market142

Property Features for 200 1st Ave S

General Information

Standard status Active
Size 9,868 SF
Property subtype Retail
Lease Type NNN
Investment Type Stabilized

Building Details

Tenancy Multi
Listing Agency: CBRE - Tampa
Listed By: Jennifer O'Cuinneagain · License #FL3299082
Source: Crexi
Added: Apr 17 Changed: Aug 31 Last Checked: Sep 5 at 1:29PM

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 CBRE - Tampa

Investment Insights

Based on property information with market context.

This two-tenant retail investment is currently occupied by Ford's Garage and Aji Ceviche. The property’s defining feature is its direct connection to the McNulty Public Parking Garage, a 24-hour facility with 525 spaces, designed to support visibility and convenient access for both tenants.

Situated in the heart of downtown St. Petersburg, the property sits along an active pedestrian corridor with surrounding hotels, residential towers, museums, and entertainment venues that generate foot traffic throughout the day and into the evening.

In addition to base rent, the landlord participates in McNulty Public Parking Garage revenue, creating an ancillary income stream outside of base rents.

Key Highlights

  • Two‑tenant retail investment with Ford's Garage and Aji Ceviche at 200 1st Avenue South in downtown St. Petersburg
  • Direct connection to the McNulty Public Parking Garage for convenient parking access
  • McNulty Public Parking Garage offers 24‑hour, 525‑space parking

Property Analytics

Current Use

Pass-A-Grille Southwest Beach Park Dallas Exclusiv Event Planning Jannus Live Theater & Performing Art Venue The Landing Bar & Pub Point Pass-A-Grille Inc Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Auto Parts Store Carpet & Flooring Store Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,191
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 37% Leisure 31% Shops & Services 19% Dining 8%
Publix Groceries
34,887 visits/mo 0.3 miles
AMC Sundial 20 & IMAX Leisure
28,557 visits/mo 0.1 miles
Bank of America Shops & Services
5,760 visits/mo 0.3 miles
Slice Dining
5,323 visits/mo 0.2 miles
Regions Bank Shops & Services
4,329 visits/mo 0.4 miles

Demographics for 33701, FL

19,137
Population
13,434
Households
1.4
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
7,088
Density / Sq Mi
$69,098
Median Household Income
$48,072
Median Earnings
$1,531
Median Rent
$590,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two restaurant tenants are connected directly to the McNulty Public Parking Garage, providing convenient, 24-hour parking access.
Where is this conventional restaurant located?
The property is located at 200 1st Ave S St Petersburg, FL.
What is the asking price?
The asking price for this property is $9,265,000.
What are key features of this property?
This property features: Two‑tenant retail investment with Ford's Garage and Aji Ceviche at 200 1st Avenue South in downtown St. Petersburg; Direct connection to the McNulty Public Parking Garage for convenient parking access; McNulty Public Parking Garage offers 24‑hour, 525‑space parking
More about this property
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