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Downtown St. Pete Retail Space
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560 1st Ave N, St Petersburg, FL 33701

Prime location suitable for restaurant, retail, or office use.

Space Size2,953 SF
Days on Market958

Property Features for 560 1st Ave N

General Information

Standard status Active
Size 2,953 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 560 1st Ave N Contact us

Available Space

Size
2,953 SF
Availability
Active
Contact us
Listing Agency: Smith & Associates Real Estate
Listed By: Jason Spitzer · License #FL SL3288217
Source: Crexi
Added: Jan 24, 2024 Changed: Sep 5 Last Checked: Sep 8 at 7:42AM

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 Smith & Associates Real Estate

Investment Insights

Based on property information with market context.

Located in downtown St. Pete at 558-560 1st Avenue N, this space is suitable for a restaurant, bar, fitness center, spa, retail store, or medical office. It meets the qualifications for an SRX license, making it ideal for a restaurant or bar concept. The property is situated a couple of blocks south of the new Residences at 400 Central Ave, a luxury condo tower with over 300 units, and a couple of blocks north of the new federal courthouse. The landlord is offering tenant incentives for the right concept and deal.

Key Highlights

  • Prime Downtown St. Pete location.
  • Meets qualifications for an SRX license (ideal for restaurant/bar).
  • Suitable for a variety of uses: restaurant, bar, fitness, spa, retail, or medical office.

Property Analytics

Current Use

Property Damage Advisors Consultant

Suggested Use

Top Pick Auto Parts Store Building Supply Big Box & Wholesale Store Auto Repair Shop Storage Facility Veterinary Clinic

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,289
Businesses Nearby

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

Lease Benchmarks for St Petersburg, FL

$23.89 /SF/Yr
Avg Asking Price
$12–$52 /SF/Yr
Price Range
5,677 SF
Avg Space Size

This space is priced 26% above the average of $23.89 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime location suitable for restaurant, retail, or office use.
Where is this retail space located?
The property is located at 560 1st Ave N St Petersburg, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime Downtown St. Pete location.; Meets qualifications for an SRX license (ideal for restaurant/bar).; Suitable for a variety of uses: restaurant, bar, fitness, spa, retail, or medical office.
(727) 748-7113 Call to check price and availability
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