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Two-Location Conventional Restaurant Package
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701 Central Avenue South Saint, Saint Petersburg, FL 33701

Both restaurant sites include sidewalk café areas as part of their existing amenities.

Space Size1,200 SF
Property Size2,200 SF
Days on Market194

Property Features for 701 Central Avenue South Saint

General Information

Standard status Active
Size 1,200 SF
Property subtype Restaurant

Building Details

Building Size 2,200 SF

Spaces For Lease

at 701 Central Avenue South Saint Contact us

701 Central Avenue

Size
1,200 SF
Lease Type
Modified Gross
Contact us
Listing Agency: KW Commercial
Listed By: Jon LaBudde
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 31 Last Checked: Aug 31 at 12:04AM

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 KW Commercial

Investment Insights

Based on property information with market context.

This restaurant offering combines two operating locations in St. Petersburg, Florida. One site is at 701 Central Avenue in the downtown area, while the second is positioned at 689 MLK N. in the Uptown District near downtown. The properties are presented together as one restaurant package.

Each location includes a sidewalk café area, extending the available customer setting beyond the interior restaurant space. The Central Avenue site is situated within the 600 Block, and the second location is on Dr. MLK Jr. Street North. The package is available for rent and provides restaurant users with two established St. Petersburg locations under one offering.

Key Highlights

  • Two restaurant locations offered together as one package
  • 701 Central Avenue location in downtown St. Petersburg
  • Second restaurant at 689 MLK N. in the Uptown District

Property Analytics

Current Use

Caribou Coffee Cafe & Coffee Shop

Suggested Use

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

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

7,657
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 56% Shops & Services 23% Hotels & Casinos 12% Dining 6%
Publix Groceries
34,887 visits/mo 0.5 miles
Publix Groceries
20,044 visits/mo 0.0 miles
Bank of America Shops & Services
5,760 visits/mo 0.5 miles
Slice Dining
5,323 visits/mo 0.5 miles
Moxy Hotels Hotels & Casinos
5,051 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 - Both restaurant sites include sidewalk café areas as part of their existing amenities.
Where is this conventional restaurant located?
The property is located at 701 Central Avenue South Saint Saint Petersburg, FL.
What are key features of this property?
This property features: Two restaurant locations offered together as one package; 701 Central Avenue location in downtown St. Petersburg; Second restaurant at 689 MLK N. in the Uptown District
More about this property
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