Retail Business for Sale in St. Petersburg, FL

  • Price: $1.3M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: St. Petersburg, FL 33705
  • Size: 766 SF
  • Year built: 1970

Description

KW Commercial proudly presents this high income producing turnkey popular take out restaurant in Downtown, St. Petersburg. Perfect property for an owner/user or an investor with a vision to construct a new building structure. The property is ideally located across the street from exclusive million dollar homes of Rosa Park. The restaurant sits on .40 acres. Well over 16 parking spaces. All business equipment freezers , coolers, fryers, shelves, stoves, cash register conveys with the sale of the property. Cash on cash return on this investment property is within 3 years if ran as a Chinese and wings restaurant business. Redevelopment is sprawling all over South St. Petersburg. Don't lose out, get your share today! Building SF: 766 | Land Size: 0.4 Ac | Year Built: 1970 | Listing Type: FOR SALE

Market Context

This retail in St. Petersburg, FL is listed for sale at $1,299,000 across 766 SF ($1,696/SF). The building dates to 1970. It has been on the market for 39 days. Compare it against other retail listings for sale in St. Petersburg, FL — <a href="/search/sale/retail/florida/st-petersburg">view the full market</a>.

As of Q4 2025, the Tampa retail market showed a 3.4% vacancy rate, and cap rates around 6.5%. Source: Consensus Q4 2025 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Tampa?
About 6.5% as of Q4 2025, per Consensus.
Is the Tampa retail market tightening or softening?
Vacancy is around 3.4% (Q4 2025).

Unified Estimate

Low Confidence

$367.40/SF – $497.08/SF

Mid: $432.24/SF

Total estimate for 766 SF: $331,096

Rate-first confidence-weighted blend with cost-of-business adjustment.

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