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    560 1St Ave St. Petersburg, FL 33701

    For Lease
    $44 SF/Yr

    Prime Retail Location, 2,953 sq ft

    Lot size:
    2,953 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,953-square-foot retail space is ideally situated on the vibrant 500 block of 1st Avenue North in St. Petersburg, Florida, zip code 33701. The property boasts a single-tenant occupancy and is perfectly positioned within the heart of downtown St. Petersburg's thriving commercial district. Its prime location places it in close proximity to popular establishments such as The Lure, The Floridian Social Club, Book+Bottle, Mangosteen, and Pacific Counter, ensuring high foot traffic and visibility. The property's address is 560-562 1st Avenue N. Its strategic location near Mirror Lake and the emergence of new residential developments in the area promise continued growth and increased customer base. This presents a unique opportunity for businesses seeking a high-impact location in a rapidly developing area. The property type is retail, offering a versatile space adaptable to a variety of commercial uses. This is a single-tenant space, providing an ideal environment for a business seeking a dedicated and prominent location. The property is located in the St. Petersburg submarket of Florida. The property's coordinates are latitude 27.7719179 and longitude -82.6412395.

    Property Features for 560 1St Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,953 SF

    Unit(s) available at that property

    Space
    Size
    2,953 SF
    Rate per SF
    $44

    HighLights

    • Prime location in the heart of downtown St. Petersburg, FL.
    • Excellent pedestrian traffic due to proximity to popular restaurants and bars.
    • Located among other retail and hospitality businesses on 1st Avenue N.
    • Lease rate excludes utilities, operating expenses, and building services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Property Damage Advisors Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6412395
    Latitude
    27.7719179

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, 2,953 sq ft
    Where is this retail property located?
    The property is located at 560 1St Ave St. Petersburg, FL.
    What is the lease rate?
    The lease rate is $44 SF/Yr.
    What are key features of this property?
    This property features: Prime location in the heart of downtown St. Petersburg, FL.; Excellent pedestrian traffic due to proximity to popular restaurants and bars.; Located among other retail and hospitality businesses on 1st Avenue N.
    Request Owner's contact information
    560 1St Ave St. Petersburg, FL 33701
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    St. Petersburg, FL 33701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    560 1St Ave St. Petersburg, FL 33701
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