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Ready-to-Open Restaurant - Indoor/Outdoor Din 1225 Dr Martin Luther King Jr St N 2,499 SF of Retail Space Available in Saint Petersburg, FL 33701
HIGHLIGHTS
- Walkable Neighborhood Setting
- Minutes to 4th Street Corridor, I-375, and Downtown Core
- Surrounded by strong residential neighborhoods and local businesses
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,499 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Experience one of St. Pete’s most inviting restaurant spaces — a beautifully maintained, fully built-out restaurant featuring a complete commercial kitchen, stylish interior finishes, and a wrap-around outdoor patio ideal for al fresco dining. This turn-key opportunity is situated in an exceptional location, just minutes from Downtown St. Petersburg and steps from Crescent Lake, one of the city’s most sought-after neighborhoods. With ample dedicated parking, strong traffic visibility along MLK, and close proximity to residential density and downtown visitors, this site offers unmatched accessibility and exposure.
- Full commercial kitchen with hood, grease trap
- Expansive wrap-around outdoor patio
- Ample on-site parking
- Excellent visibility and signage on Dr. MLK Jr. St
- Minutes to Downtown St. Petersburg, Crescent Lake
- Plug-and-Play Opportunity
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,499 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 1920 |
| Total Space Available | 2,499 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,000 SF |
| Year Built | 1920 |
ABOUT THE PROPERTY
Highly visible along Dr. MLK Jr. St N, surrounded by thriving local businesses and dense residential neighborhoods near Crescent Lake. Note: 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.
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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Ready-to-Open Restaurant - Indoor/Outdoor Din | 1225 Dr Martin Luther King Jr St N
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