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Renovated Restaurant/Cafe Space Ready 2026
For Lease
$54,336

4950 1ST 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 Market171

Property Features for 4950 1ST 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
Listed By: Michael Schultz
Source: Elliman
Added: Mar 10 Changed: Aug 26 Last Checked: Aug 26 at 11:11AM

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

Current Use

Coffee shops

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store Electrical Service Barber Shop Law Firm

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
6,220 visits/mo 0.1 miles
BP Shops & Services
4,462 visits/mo 0.0 miles
Sunoco Shops & Services
2,567 visits/mo 0.3 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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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 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.
More about this property
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