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Prime Downtown St. Pete Retail
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235 3rd St S, St Petersburg, FL 33701

First-generation commercial space in a planned mixed-use development.

Space Size2,236 SF - 4,577 SF
Property Size13,941 SF
Days on Market758

Property Features for 235 3rd St S

General Information

Standard status Active
Size 2,236 SF - 4,577 SF
Class A
Total Parking Spaces 323
Property subtype Retail

Building Details

Building Size 13,941 SF
Year Built 2026
Tenancy Multiple

Spaces For Lease

at 235 3rd St S Contact us

Unit 1

Size
4,577 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Unit 2

Size
2,236 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Unit 3

Size
3,620 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Unit 4

Size
3,502 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: AXXOS
Listed By: Brian Zucker · License #FL SL3490435
Source: Crexi
Added: Aug 5, 2024 Changed: Aug 21 Last Checked: Aug 30 at 11:47PM

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 AXXOS

Investment Insights

Based on property information with market context.

Located in downtown St. Pete, this property is part of a planned 33-story mixed-use project with an expected completion in late 2026. The first floor will offer approximately 13,941 square feet of first-generation commercial space. The remaining floors will house 268 luxury apartments. The available retail units range from approximately 2,242 to 13,941 rentable square feet, including a large end-cap restaurant space with an expansive dedicated exterior turf area of approximately 1,526 square feet. The commercial spaces will feature ceilings up to 18 feet 6 inches, floor-to-ceiling storefront windows, and a beautified alley with green space and artificial turf to create an outdoor gathering space and additional restaurant seating. The location is three blocks from downtown St. Pete's Central Avenue retail corridor and one block from the Sunrunner Bus Rapid Transit line, with a stop directly across the street. The property is suitable for various hospitality businesses such as bars, restaurants, pubs, and cafes, as well as retail stores, spas, salons, galleries, and boutiques. Office use is also possible, particularly for businesses desiring street-level exposure, such as medical, legal, financial, insurance, or showrooms.

Key Highlights

  • Prime downtown St. Pete location with high visibility and foot traffic.
  • Located in a planned 33‑story mixed‑use building with 268 luxury apartments, delivery late 2026.
  • Versatile retail spaces ranging from 2,242 to 13,941 RSF suitable for various businesses.

Property Analytics

Current Use

Echelon Development LLC Property Management Company The Salon People Training ... Training Center Echelon Holding Group Property Management Company Aveda Men Barber Shop Tampa Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Florist Butcher Locksmith Clothing & Fashion Store

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

7,273
Businesses Nearby
116k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 47% Leisure 25% Shops & Services 20% Dining 7%
Publix Groceries
34,887 visits/mo 0.1 miles
AMC Sundial 20 & IMAX Leisure
28,557 visits/mo 0.5 miles
Publix Groceries
20,044 visits/mo 0.4 miles
Bank of America Shops & Services
5,760 visits/mo 0.1 miles
Slice Dining
5,323 visits/mo 0.3 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

Lease Benchmarks for St Petersburg, FL

$24.02 /SF/Yr
Avg Asking Price
$12–$45 /SF/Yr
Price Range
6,699 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-generation commercial space in a planned mixed-use development.
Where is this retail space located?
The property is located at 235 3rd St S St Petersburg, FL.
What are key features of this property?
This property features: Prime downtown St. Pete location with high visibility and foot traffic.; Located in a planned 33‑story mixed‑use building with 268 luxury apartments, delivery late 2026.; Versatile retail spaces ranging from 2,242 to 13,941 RSF suitable for various businesses.
(727) 435-8889 Call to check price and availability
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