1756 Central Ave,ST PETERSBURG, FL 33712
ST PETERSBURG, FL 33712
Description
Prime Grand Central District Investment Opportunity - Multiple Storefront Suites + 2 Updated Apartments Rarely does an opportunity come along in the Grand Central District with this much space, flexibility, and income potential. This exceptional mixed-use property offers multiple commercial storefront spaces, two spacious updated apartments, established tenancy, and significant potential for an investor or owner-user to maximize the property's income-producing capabilities. The property features an approximately 2,500-square-foot storefront area with a highly flexible layout and multiple bathrooms, offering the potential to configure the space into up to three separate storefront suites, subject to applicable zoning, permitting, building requirements, and City of St. Petersburg approval. (Buyer to independently verify all zoning, permitted uses, occupancy, configurations, and any required permits or approvals with the City.) The possibilities for these spaces are extensive and could include boutique retail, salon or beauty concepts, wellness or fitness studios, professional offices, galleries, creative studios, specialty shops, cafés, or other neighborhood-oriented businesses, subject to applicable regulations and approvals. In addition, the property includes two approximately 1,000-square-foot storefront spaces currently occupied by longstanding Grand Central favorite Lolita's Wine Bar & Restaurant, providing established commercial tenancy and an active presence within the property. Upstairs, two spacious approximately 1,000-square-foot apartments have been completely updated and offer high ceilings, updated appliances, and comfortable, modern living spaces. These residential units provide an additional income stream in one of St. Petersburg's most desirable and walkable neighborhoods. With its combination of large commercial spaces, established tenancy, residential income, and flexible storefront configurations, the property presents numerous possibilities for an investor looking to increase revenue and maximize the existing footprint. A future owner could explore a variety of tenant configurations and business concepts, potentially creating additional income streams while maintaining the property's existing commercial and residential components. Located in the heart of the Grand Central District, the property is surrounded by restaurants, bars, shops, entertainment, and other popular neighborhood destinations, making it an exceptional location for businesses seeking visibility and proximity to the area's established customer base. The upside is what makes this property particularly compelling. With substantial square footage, multiple existing income-producing spaces, two updated apartments, and additional commercial space that may offer future leasing flexibility, the possibilities are significant. Explore the potential, verify the possibilities with the City, and create a strategy that maximizes this exceptional Grand Central District asset.
Details
| MLS # | TB8556159 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1923 |
| Days On Site | 29 |
| Listing Provided By | DALTON WADE INC | Brianna Alfaro |
Features
| SQ Feet | 6,960 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.11 |
Taxes
| Property | 22907 |
|---|
Area Information
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33712 |
| Area | 33712 St Pete |
| Community Name | FULLERS SUB |
| Listing VS Median (in FULLERS SUB) | |
Price: $3,600,000 low | high Med: $2,350,000 sqft: 6,960 low | high Med: 4,162 $ / sqft: $517 low | high Med: $662 On site: 29 low | high Med: 37.5 | |
Market Activity 33712
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Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of November 5, 2026 at 4:10:28 AM PST 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Learn More About This Property
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33712 |
| Area | 33712 St Pete |
| Community Name | FULLERS SUB |
| Listing VS Median (in FULLERS SUB) | |
Price: $3,600,000 low | high Med: $2,350,000 sqft: 6,960 low | high Med: 4,162 $ / sqft: $517 low | high Med: $662 On site: 29 low | high Med: 37.5 | |
 | $3,600,0001756 Central AveSt Petersburg, FL 33712 |