235 3Rd St St. Petersburg, FL 33701
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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