$54K
4950 1st Avenue
St Petersburg, FL 33710
Listing updated: January 13, 2026 at 4:55 AM ET
Property type
Year built
Building size
Lot size
Price / SF
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.
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