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4950 1st Avenue, FL
Stellar MLS

$54K

4950 1st Avenue

St Petersburg, FL 33710

Listing updated: January 13, 2026 at 4:55 AM ET

Active
Stellar MLSListing courtesy of Insta Real Estate Solutions · Michael Schultz · MLS #TB8431966 · Active · 813-586-0654
1,822
Building SF
0.11
Acres
1951
Built
$3.17
Per SF
RestaurantNNN leaseLeased$3.17/SF360° tour
Restaurant

Property type

1951

Year built

1,822 SF

Building size

5,001 sqft

Lot size

$3.17

Price / SF

109

Days on market

Lease terms

Lease type
Absolute (Triple) Net
Lease term
Three to Five Years
Tenant pays
Common Area Maintenance, Electricity, Gas, Insurance, Taxes, Sewer, Trash Collection, Water
Owner pays
None

About this property

Prime Restaurant/Café Space – Fully Renovated & Ready 2026 4950 1st Ave. N. offers an exceptional opportunity to establish a restaurant or café in one of St. Petersburg’s most dynamic and growing neighborhoods. Currently undergoing a complete renovation, this 1,430 SF space with an additional 250 SF outdoor dining area will be delivered in early 2026 as a modern, turnkey-ready property designed for food and beverage operators. Property Highlights New Construction Quality: Brand-new roof, HVAC, updated electrical and plumbing, and a fully refreshed interior and exterior. Flexible Layout: Conceptual design includes bar area, open dining, two restrooms, storage/utility space, and outdoor dining deck. Visibility & Access: Illuminated signage on 1st Ave. N. plus nine on-site parking spaces, including ADA-compliant access. Move-In Ready Shell: Delivered as a fully upgraded vanilla shell, ready for the tenant’s custom FF&E. Location Advantages Positioned at the crossroads of Central Oak Park and Live Oak, the property sits minutes from Downtown St. Pete, the Gulfport Arts District, Treasure Island, and Madeira Beach. With easy access to U.S. 19 and I-275, it benefits from both local and commuter traffic. Traffic Counts: 1st Ave N ~18,500–20,000 cars/day; Central Ave ~17,000–19,000 cars/day; U.S. 19 ~52,000 cars/day; I-275 ~150,000 cars/day. Public Transit: Adjacent to the SunRunner rapid bus line, averaging 55,000 rides monthly. Local Character: Surrounded by historic mid-century neighborhoods with strong community support for “shop and dine local” initiatives. Demographics & Market Strength Population (3-mile radius): 65,000+ Median Household Income: $68,800 Dining Out Spend: average $300–$600 a household monthly Annual Visitors: 15M+ to the Tampa Bay/St. Pete region Why Your Business Will Thrive Here This location combines strong neighborhood support, robust disposable income, and steady tourism traffic, making it an ideal site for specialty coffee shops, artisan bakeries, destination cafés, or unique dining concepts. The property’s positioning near growth hubs like the Edge District, Warehouse Arts District, Grand Central District, Downtown St. Pete, and the Beaches ensures easy access for local residents.

Virtual tour

Facts & features

Property type
Commercial Lease
Sub type
Restaurant
Status
Active
Days on market
109
Subdivision
Allen Park Sec A
County
Pinellas
Year built
1951
Building area
1,822 sq ft
Price/sq ft
$3.17
Lot size
5,001 sq ft
Buildings
1
Ceiling height
8 to 9 Feet
Electric meters
1
Water meters
1
Road frontage
Alley, City Street, Main Throrughfare
Annual taxes
$3K (2024)
Parcel #
21-31-16-00450-001-0080
MLS #
TB8431966

Utilities

Utilities
Public
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2025-09-25
On market date
2025-09-26
Original list price
$54K
MLS area
33710 - St Pete/Crossroads
Status changed
2025-09-26
Tax legal description
ALLEN PARK SEC A BLK 1, LOT 8

Location

Directions

Take 49th St. to 1st Ave N and head West. It is the first building on the left at the corner of 50th St.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of January 13, 2026 at 4:55 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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