DMG Art Gallery 2342 Emerson Ave S 15,078 SF Industrial Building Saint Petersburg, FL 33712 For Sale

Prime Redevelopment Opportunity in St. Petersburg’s Warehouse Arts District
Positioned at the heart of St. Petersburg’s cultural corridor, this off-market portfolio presents a rare chance to own a highly visible site with 420 feet of direct Pinellas Trail frontage. The property includes two functional buildings totaling 11,859 SF on .82 acres, offering immediate usability with exceptional redevelopment potential.
Zoned IMIX with SunRunner TEC-Local Overlay, the site allows for a broad range of creative industrial, mixed-use, and cultural concepts—whether it’s culinary, hospitality, live/work, or gallery space. With a base FAR of 2.0 and bonuses up to 5.0, investors and developers have a unique opportunity to maximize value.
Located steps from the SunRunner BRT station, the property benefits from multimodal access and sits within a thriving neighborhood where arts, culture, and community meet growth and investment.
Highlights:
—35,653 SF (.82 acres) with 420 FT of trail frontage
—Two existing structures: 7,812 SF concrete + 4,047 SF metal
—IMIX zoning with flexible redevelopment options
—Bonus-eligible FAR up to 5.0
—Strong demographics and cultural draw in surrounding area
—Off-market, discreet offering with seller open to financing, JV, or leaseback
This is more than a property, it’s a transformative opportunity for a buyer who sees beyond square footage to shape the future of St. Petersburg’s Warehouse Arts District.
—Ownership has not established an asking price and will consider all qualified proposals—
Submission Guidelines:
Interested parties are invited to submit their best and final offers by the initial deadline noted below.
Offers should include:
-Purchase price and key business terms
-Concept and viability
-Proposed due diligence and closing timeline
-Capital source and track record of comparable acquisitions
***Do not disturb Tenants***