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Station House Arcade 689 Central Ave 7,518 SF 100% Leased Retail Building Saint Petersburg, FL 33701 $4,200,000 ($558.66/SF)
Investment Highlights
- Also available For Sale Station House - 260 1st Ave S, St Petersburg, FL for $18,500,000
Executive Summary
Incredible opportunity to purchase two iconic properties Station House and Station House Arcade in the heart of downtown St. Petersburg, FL. Station House Arcade is a historic gem in St. Petersburg, FL. This 7,518 SF two story building, dating back to 1924, exudes timeless charm and character. Boasting a prime location, this property offers an alluring opportunity for office and retail investors seeking a prestigious address with a touch of nostalgia. The architectural integrity and versatile layout make it ideal for a range of professional uses. The 1st floor is leased to 4 tenants and 2nd floor can be delivered vacant or leased for additional income.
Partially owner-occupied 2nd floor
58% of building retail
Partially owner-occupied 2nd floor
58% of building retail
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$255,517
|
$33.99
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $255,517 |
| Annual Per SF | $33.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,518 SF
Building Class
C
Year Built
1924
Price
$4,200,000
Price Per SF
$558.66
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.74
Lot Size
0.10 AC
Zoning
DC-1
Parking
15 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 2nd Floor
- 3,152 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 3,152 SF | Retail | - | 30 Days |
2nd Floor
| Size |
| 3,152 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (98)
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-31-17-34218-000-0010 | Improvements Assessment | $629,109 (2025) |
| Land Assessment | $630,891 (2025) | Total Assessment | $1,260,000 (2025) |
Property Taxes
Parcel Number
19-31-17-34218-000-0010
Land Assessment
$630,891 (2025)
Improvements Assessment
$629,109 (2025)
Total Assessment
$1,260,000 (2025)
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Station House Arcade | 689 Central Ave
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