689 DR MARTIN LUTHER KING JR STREET N St Petersburg, FL 33701

Building Details

Year Built

1926

Listing office KRATZER PROPERTY GROUP, LLC z***@kratzerproperty.com Show Phone

Listing date Jul 9, 2025

Source Corcoran

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 KRATZER PROPERTY GROUP, LLC

Report an issue

---

Investment Insights

Based on property information with market context.

This property features a fully leased retail space located in St. Petersburg. The property contains a total of five units, including two 1800-square-foot units and three 900-square-foot units. Adjacent parking is available. Situated on the edge of downtown St. Petersburg, the location benefits from both walking and street traffic. The total property size is 6300 square feet.

Key Highlights

• Fully leased retail space offering immediate income
• Prime location on the edge of downtown St. Petersburg
• High traffic area with both walking and street exposure

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,100,000

  4,709 SF

  Remodeled Warehouse and Office

  Remodeled three-building warehouse complex with office/showroom space and IT zoning for a range of commercial uses.

  1444 19TH STREET N, ST PETERSBURG, FL 33713

  View Details
• 

  $880,000

  1,846 SF

  Freestanding Restaurant with Drive-Thru

  Tenant-occupied restaurant offered AS-IS with grandfathered drive-thru use, equipment included, and dual-road access.

  5600 66TH STREET N, ST PETERSBURG, FL 33709

  View Details
• 

  $920,000

  2,496 SF

  Turnkey Medical Office in St. Petersburg

  Fully built-out medical office with flexible layout and ample parking.

  1152 62ND AVENUE S, ST PETERSBURG, FL 33705

  View Details
• 

  $1,095,000

  5,796 SF

  St. Petersburg Warehouse with Leased Unit

  Two-unit warehouse with income and upside for owner-user or investor.

  4055 7TH TERRACE, ST PETERSBURG, FL 33711

  View Details
• 

  $600,000

  3,607 SF

  Value-Add Multifamily Opportunity

  Six-unit multifamily property with renovation needs in St. Petersburg.

  7180 50TH AVENUE N, ST PETERSBURG, FL 33709

  View Details
• 

  $1,020,000

  2,972 SF

  Live/Work Property with On-Site Parking

  Built in 2018, this flexible live/work setup on a double lot offers on-site parking and strong street presence.

  2715 9TH AVENUE N, ST PETERSBURG, FL 33713

  View Details
• 

  $750,000

  4,152 SF

  High-Visibility Corner Office Building

  4,152 SF office building on a high-traffic corner lot.

  2901 58TH AVENUE N, ST PETERSBURG, FL 33714

  View Details
• 

  $1,545,000

  3,857 SF

  Four-Unit Multifamily Property

  Four separately metered units with updated finishes, dedicated parking, private outdoor space, and a newly replaced roof and new AC systems.

  3030 5TH STREET N, ST PETERSBURG, FL 33704

  View Details
• 

  $1,150,000

  1,472 SF

  Boutique Medical Suite Investment

  Fully leased medical suites with income upside in St. Petersburg.

  2200 49TH STREET N, ST PETERSBURG, FL 33710

  View Details
• 

  $1,200,000

  3,641 SF

  St. Petersburg Multifamily Investment Opportunity

  12-bedroom multifamily property near St. Petersburg's high-traffic corridor.

  3527 1ST AVENUE S, ST PETERSBURG, FL 33711

  View Details
• 

  $449,000

  1,740 SF

  Freestanding Commercial Building Near Downtown

  Corner-lot property with flexible layout, suitable for retail/service uses.

  1664 15TH AVENUE S, ST PETERSBURG, FL 33712

  View Details
• 

  $650,000

  1,901 SF

  Corner Lot Duplex with Two Backyards

  Well-maintained duplex offers two separate 3BR/1BA units, each with a private carport and fenced backyard.

  7301 8TH STREET N, ST PETERSBURG, FL 33702

  View Details

FAQs

What type of property is this?

Retail space - Fully leased retail space with five units and adjacent parking.

Where is this retail space located?

The property is located at 689 DR MARTIN LUTHER KING JR STREET N St Petersburg, FL.

What is the asking price?

The asking price for this property is $2,050,000.

What are key features of this property?

This property features: Fully leased retail space offering immediate income; Prime location on the edge of downtown St. Petersburg; High traffic area with both walking and street exposure