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    235 3Rd St St. Petersburg, FL 33701

    Sponsored
    For Lease
    Contact for pricing

    Prime 1st-generation retail, 2026 delivery.

    Lot size:
    16,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail lease opportunity presents 16,160 square feet of prime, first-generation commercial space in a new 33-story mixed-use development, slated for completion in late 2026. Located at 235 3rd St S, St. Petersburg, FL 33701, this Class A property offers multiple suites ranging from 2,236 to 7,314 contiguous square feet, ideal for various uses including restaurants, bars, cafes, retail stores, spas, salons, and more. The building boasts 323 parking spaces and elevators. Units feature up to 18'6" ceilings, floor-to-ceiling storefront windows, and access to a landscaped alleyway creating an outdoor gathering space. Situated three blocks from Central Avenue and one block from the Sunrunner BRT line, this location benefits from high visibility and proximity to University Village Shopping Center, Beach Drive, and other downtown attractions. The building's 268 luxury apartments will ensure high foot traffic and a vibrant atmosphere. The property sits on 8.8 acres and is zoned DC-1 (Pinellas County APN: 19-31-17-90465-001-0020). This is a unique opportunity to establish a business in the heart of St. Petersburg's thriving downtown, benefiting from the city's strong growth and influx of residents and businesses. The expansive end-cap restaurant space includes a 2,242 square foot second-level open-air balcony and an additional 1,526 square foot exterior turf area.

    Property Features for 235 3Rd St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,160 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2026/2026
    Buildings
    1
    Stories
    33

    Unit(s) available at that property

    Space
    Unit 1
    Size
    6,796 SF
    Space
    Unit 2
    Size
    2,236 SF
    Space
    Unit 3
    Size
    3,730 SF
    Space
    Unit 4
    Size
    3,584 SF

    HighLights

    • Grease traps installed in loading dock for food service businesses.
    • PVC‑conduit electric service for efficient power distribution.
    • Water and sewer connections available.
    • 400‑600 amps of power per bay.
    • Natural gas service available.
    • Concrete floors with stubbed utilities (landlord may provide).
    Property Profile Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.637055387351
    Latitude
    27.768703478297

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    FAQs

    What type of property is this?
    Restaurant - Prime 1st-generation retail, 2026 delivery.
    Where is this restaurant located?
    The property is located at 235 3Rd St St. Petersburg, FL.
    What are key features of this property?
    This property features: Grease traps installed in loading dock for food service businesses.; PVC-conduit electric service for efficient power distribution.; Water and sewer connections available.
    Request Owner's contact information
    235 3Rd St 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
    235 3Rd St St. Petersburg, FL 33701
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