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Downtown St. Petersburg Restaurant Property
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655 S 2nd Ave, St Petersburg, FL

Prime downtown location leased to top-rated Rococo Steakhouse.

Property Size15,751 SF
Lot Size0.79 Acres
Price / SF$476.16
Days on Market594

Property Features for 655 S 2nd Ave

General Information

Standard status Active
Size 15,751 SF
Lot size 0.79 Acres
Property subtype RETAIL
Listing Agency: Barkett Realty
Listed By: Amar Nathwani
Source: Moodyscre
Added: Mar 20, 2025 Changed: Oct 25 Last Checked: Nov 1 at 8:16AM

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 Barkett Realty

Rey
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Investment Insights

Based on property information with market context.

This property is strategically positioned in the vibrant urban core of St. Petersburg and is currently leased to Rococo Steakhouse, recognized as the area's top-rated steakhouse according to TripAdvisor and OpenTable. The property includes a second-level private event venue, suitable for upscale gatherings. A wine room enhances the property’s high-end appeal. The property offers parking, which is a notable feature in downtown St. Petersburg. The location presents a value-add opportunity with new development in all directions. The property size is 15,751 square feet.

Key Highlights

  • Prime Downtown Location in St. Petersburg's vibrant urban core.
  • Leased to Rococo Steakhouse, the area's #1 rated steakhouse.
  • Outstanding Parking, a rarity in downtown St. Petersburg.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Heath server ( like ... Restaurant Rococo Steak Restaurant E&E Roofing Services Roofing Company

Suggested Use

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

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

7,869
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 43% Leisure 22% Shops & Services 22% Dining 7%
Publix Groceries
34,887 visits/mo 0.3 miles
AMC Sundial 20 & IMAX Leisure
28,557 visits/mo 0.5 miles
Publix Groceries
20,044 visits/mo 0.2 miles
Bank of America Shops & Services
5,760 visits/mo 0.3 miles
Slice Dining
5,323 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Prime downtown location leased to top-rated Rococo Steakhouse.
Where is this conventional restaurant located?
The property is located at 655 S 2nd Ave St Petersburg, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Prime Downtown Location in St. Petersburg's vibrant urban core.; Leased to Rococo Steakhouse, the area's #1 rated steakhouse.; Outstanding Parking, a rarity in downtown St. Petersburg.
(813) 434-8827 Call to check price and availability
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