239-272-7006
, Saint Petersburg, FL for Sale
Retail - FOR SALE
1/24
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Renovated Commercial Assemblage on MLK N
Saint Petersburg, FL
Crescent Lake


HIGHLIGHTS

  • Two freestanding buildings totaling ±7,555 SF on ±0.41 acres
  • Zoned CRT-1 – allows residential, retail, office, and short-term rental
  • Frontage on high-traffic MLK Jr. St N with excellent visibility
  • Building 1: Restaurant/café with outdoor seating (tenant in place)
  • Building 2: Former vintage market – ideal for salon, spa, office, or gallery
  • Located between Crescent Lake & Historic Uptown, walkable to dining, parks, and minutes to Downtown St. Pete

OVERVIEW

Renovated Commercial Assemblage in MLK North Corridor | 1225 & 1241 Dr. MLK Jr. Street N, St. Petersburg, FL Two Freestanding Buildings | ±7,555 Total Heated SF | ±0.41 Acres (17,439 SF) This offering includes two contiguous parcels totaling ±0.41 acres (17,439 SF) with combined dimensions of 150’ x 122.5’ on a high-visibility stretch of Dr. Martin Luther King Jr. Street North. The assemblage features two historic, well-maintained commercial buildings offering a mix of existing rental income, end-user potential, and redevelopment flexibility. “Call listing agent for more details on the potential to acquire the business as well as creative financing and partnership opportunity.” PROPERTY OVERVIEW: 1225 Dr. MLK Jr. Street N ±2,229 Heated SF | ±2,499 Gross SF Land size: 6,072 SF (0.13 acres) Built: 1920 Use: Restaurant/Café (tenant in place – do not disturb) Outdoor seating and updated interiors 1241 Dr. MLK Jr. Street N ±5,056 Heated SF | ±5,272 Gross SF Land size: 11,367 SF (0.28 acres) Built: 1915 Use: Store with Office/Apartment (formerly used as a vintage market) Zoned Mixed-Use – convertible to salon/spa, creative office, gallery, or short-term rental LOCATION ADVANTAGES: Nestled between Crescent Lake and Historic Uptown, these parcels sit on the high-traffic MLK North Corridor, known for its pedestrian activity and growing list of destination businesses. Nearby neighbors include: Hooks Sushi, Nitally’s ThaiMex Cuisine, and Uptown Eats Gayoso Plastic Surgery, DermaClinique, and other boutique medical and wellness providers Walkable access to Crescent Lake Park and surrounding residential neighborhoods Minutes from Downtown St. Petersburg, Central Ave, and I-275 access DEVELOPMENT & INVESTMENT FLEXIBILITY: Total land: ±17,439 SF (0.41 acres) across two legal parcels Combined lot dimensions: 150’ x 122.5’ Zoned CRT-1 (Corridor Residential Traditional) Permitted uses include: residential, retail, restaurant, personal services, professional office, and short-term rental Potential for luxury townhome development, live/work lofts, or hospitality concept with mixed-use DISCLAIMER: The information provided herein is deemed reliable but is not guaranteed. Buyers are solely responsible for verifying all zoning, land use, building regulations, and development feasibility with the City of St. Petersburg and applicable authorities. Seller and broker make no representations or warranties regarding future use or entitlements. For site tours, zoning guidance, or marketing materials, contact the listing team directly.

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Jake WollmanKW Commercial Tampa BayMore Info
239-272-7006

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Jake WollmanKW Commercial Tampa BayMore Info
239-272-7006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.