Renovated Commercial Assemblage in MLK North Corridor

For Sale

1225 Doctor Martin Luther King Junior Street North, St. Petersburg, FL 33701

This St. Petersburg property for sale is located at 1225 Doctor Martin Luther King Junior Street North. The current listed sale price for Renovated Commercial Assemblage in MLK North Corridor is $3,075,000. Renovated Commercial Assemblage in MLK North Corridor is situated on a lot that is 0.41 acre in size.

Contacts

broker
Jake Wollman

KW Commercial Tampa Bay

Property Details

  • Property Type Other
  • Property Size 7,555 SF
  • Lot Size 0.41 Acre
  • Year Built 1920
  • Date Updated Jul 2, 2025
Nestled between Crescent Lake and Historic Uptown, these parcels sit on the high-traffic MLK North Corridor, known for its pedestrian activity and growing list of destination businesses. Nearby neighbors include: Hooks Sushi, Nitally’s ThaiMex Cuisine, and Uptown Eats Gayoso Plastic Surgery, DermaClinique, and other boutique medical and wellness providers Walkable access to Crescent Lake Park and surrounding residential neighborhoods Minutes from Downtown St. Petersburg, Central Ave, and I-275 accessRenovated Commercial Assemblage in MLK North Corridor | 1225 & 1241 Dr. MLK Jr. Street N, St. Petersburg, FL Two Freestanding Buildings | ±7,555 Total Heated SF | ±0.41 Acres (17,439 SF) This offering includes two contiguous parcels totaling ±0.41 acres (17,439 SF) with combined dimensions of 150’ x 122.5’ on a high-visibility stretch of Dr. Martin Luther King Jr. Street North. The assemblage features two historic, well-maintained commercial buildings offering a mix of existing rental income, end-user potential, and redevelopment flexibility. “Call listing agent for more details on the potential to acquire the business as well as creative financing and partnership opportunity.” PROPERTY OVERVIEW: 1225 Dr. MLK Jr. Street N ±2,229 Heated SF | ±2,499 Gross SF Land size: 6,072 SF (0.13 acres) Built: 1920 Use: Restaurant/Café (tenant in place – do not disturb) Outdoor seating and updated interiors 1241 Dr. MLK Jr. Street N ±5,056 Heated SF | ±5,272 Gross SF Land size: 11,367 SF (0.28 acres) Built: 1915 Use: Store with Office/Apartment (formerly used as a vintage market) Zoned Mixed-Use – convertible to salon/spa, creative office, gallery, or short-term rental LOCATION ADVANTAGES: Nestled between Crescent Lake and Historic Uptown, these parcels sit on the high-traffic MLK North Corridor, known for its pedestrian activity and growing list of destination businesses. Nearby neighbors include: Hooks Sushi, Nitally’s ThaiMex Cuisine, and Uptown Eats Gayoso Plastic Surgery, DermaClinique, and other boutique medical and wellness providers Walkable access to Crescent Lake Park and surrounding residential neighborhoods Minutes from Downtown St. Petersburg, Central Ave, and I-275 access DEVELOPMENT & INVESTMENT FLEXIBILITY: Total land: ±17,439 SF (0.41 acres) across two legal parcels Combined lot dimensions: 150’ x 122.5’ Zoned CRT-1 (Corridor Residential Traditional) Permitted uses include: residential, retail, restaurant, personal services, professional office, and short-term rental Potential for luxury townhome development, live/work lofts, or hospitality concept with mixed-use DISCLAIMER: 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. For site tours, zoning guidance, or marketing materials, contact the listing team directly.
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Highlights

  • Building 1: Restaurant/café with outdoor seating (tenant in place)
  • Building 2: Former vintage market – ideal for salon, spa, office, or gallery
  • Frontage on high-traffic MLK Jr. St N with excellent visibility
  • Located between Crescent Lake & Historic Uptown
  • Two freestanding buildings totaling ±7,555 SF on ±0.41 acres
  • Walkable to dining, parks, and just minutes to Downtown St. Pete
  • Zoned CRT-1 – allows residential, retail, office, and short-term rental

Getting around

  • 67/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City St. Petersburg, FL
  • Neighborhood Crescent Lake
  • Zip Code 33701
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Citgo

    0.15 miles

  • ChargePoint

    0.46 miles

  • 7-Eleven

    0.51 miles

  • Tiger Mart

    0.54 miles

  • Shell

    0.55 miles

  • Mobil

    0.57 miles

  • Rally

    0.71 miles

  • Suhani

    0.77 miles

  • Nova Charge

    0.87 miles

  • BP

    1.02 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jake Wollman

KW Commercial Tampa Bay

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