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515-519 Dr Martin Luther King Jr St N 1,800 SF of Retail Space Available in Saint Petersburg, FL 33701



SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,800 SF | 12’10” | Negotiable | $44.30 CAD/SF/YR $3.69 CAD/SF/MO $79,747 CAD/YR $6,646 CAD/MO | Triple Net (NNN) |
1st Floor
PROPERTY DESCRIPTION This newly renovated retail space offers the perfect blend of modern upgrades, prime visibility, and neighborhood charm—an exceptional opportunity for retail, boutique, or service-oriented users seeking to establish themselves in one of St. Petersburg’s most vibrant, high-growth corridors. This recently white-boxed space offers a clean, modern canvas ready for your brand’s vision, significantly minimizing build-out costs and time to market. This truly is an exceptional opportunity to join a tight-knit community of other established businesses in a high-demand district within a desirable historic neighborhood. This historic space features impressive high ceilings, an expansive open concept, and an array of brand-new features, including: - Brand New Electrical and HVAC Systems - ADA-Compliant Restroom - New, Modern LED Lighting Throughout - Brand New Hurricane-Rated Glass Storefront The property provides both functionality and flexibility for a variety of retail concepts. There is Off-Street Parking available in the rear for staff and customer convenience, as well as an abundance of free 3-hour street parking and a new city parking lot within a short walk. Additionally, there is potential for Outdoor Seating for Activation both on the front sidewalk as well as in the back, which would be perfect for F&B concepts, wellness studios, or client engagement. This versatile space is ideal for Retail, Boutique, Wellness, Salon, Creative Studio, service-oriented users, and more. Don't wait to establish your brand in the heart of the growing MLK District and capitalize on St Petersburg’s explosive growth! LOCATION DESCRIPTION Positioned at 5th Ave N and Dr MLK St N, this prime retail opportunity offers exceptional exposure, steady foot and vehicle traffic, and seamless connectivity to Downtown St. Pete and I-275—just a minutes away. Customers will love the ample on-street and off-street parking, as well as a new city-owned parking lot conveniently located just one block to the south. This stretch of MLK St N is home to a vibrant collection of eclectic art galleries, craft coffee shops, boutiques, wellness studios, and independent restaurants. Surrounding businesses include Sunstate Yoga, Gypsy Souls Coffee, Uptown Eats, Maven & Mane, NOVA 535, Herban Flow, Tampa Floats, Chad Mize Gallery, I Am Not So Cool Vintage, and Bloom Body Art—creating a rich ecosystem of local operators that attract consistent neighborhood and visitor traffic alike. The district’s lively, walkable streetscape and loyal community base make it the perfect setting for boutique retail, restaurant, wellness, or experiential concepts ready to stand out. The MLK Business District—St. Pete’s longest and most eclectic destination—offers the perfect blend of authentic charm and modern momentum. Whether your vision is culinary, creative, or community-driven, this is where it belongs.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 12’10”
- White-boxed and ready for your vision
- Impressive 12' 10" high ceilings
- New ADA restroom
- New modern LED lighting
- High-Visibility Frontage: MLK N
- Strong Co-Tenancy & Customer Draw
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 | 1,800 SF | Gross Leasable Area | 3,276 SF |
| Property Type | Retail | Year Built | 1938 |
| Property Subtype | Storefront | Parking Ratio | 0.92/1,000 SF |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,276 SF |
| Year Built | 1938 |
| Parking Ratio | 0.92/1,000 SF |
NEARBY MAJOR RETAILERS
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515-519 Dr Martin Luther King Jr St N
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