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Station House Arcade 689 Central Ave 7,518 SF 100% Leased Retail Building Saint Petersburg, FL 33701 For Sale
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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$348,587
|
$46.37
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $348,587 |
| Annual Per SF | $46.37 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,518 SF
Building Class
C
Year Built
1924
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.73
Lot Size
0.10 AC
Zoning
DC-1 - Downtown Commercial
Parking
15 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Controlled Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-31-17-34218-000-0010 | Improvements Assessment | $874,826 CAD (2025) |
| Land Assessment | $877,304 CAD (2025) | Total Assessment | $1,752,131 CAD (2025) |
Property Taxes
Parcel Number
19-31-17-34218-000-0010
Land Assessment
$877,304 CAD (2025)
Improvements Assessment
$874,826 CAD (2025)
Total Assessment
$1,752,131 CAD (2025)
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Station House Arcade | 689 Central Ave
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