2463 5th Ave S Lot 1 and Lot 2
Industrial Traditional .30 acres
Marketing description
Positioned between the vibrant Warehouse Arts District and the established Palmetto Park neighborhood, 2463 5th Ave S presents a rare opportunity to acquire a highly flexible redevelopment site in one of St. Petersburg's most dynamic emerging corridors. The property benefits from Industrial Traditional (IT) zoning, allowing a wide range of creative, entrepreneurial, maker, culinary, wellness, office, and employment-generating uses in an area experiencing significant public and private investment.
Located just minutes from Downtown St. Petersburg, I-275, the Grand Central District, and the SunRunner transit corridor, the site is ideally situated to serve the growing residential population, creative economy, and entrepreneurial community that continue to fuel demand throughout South St. Petersburg. The surrounding area is home to artist studios, galleries, breweries, makerspaces, food and beverage operators, and innovative local businesses that have transformed the Warehouse Arts District into one of Tampa Bay's most sought-after creative destinations.
The property's flexible zoning and strategic location create an exceptional opportunity for a variety of concepts, including a commissary kitchen, culinary incubator, food production facility, artisan manufacturing, wellness and recovery center, fitness studio, yoga and rooftop garden concept, creative office campus, maker space, artist studios, shared workspace, café, coffee bar, food truck hub, or a mixed-use live/work environment designed to support today's entrepreneurs and creators.
Whether pursuing adaptive reuse or new development, 2463 5th Ave S offers investors, developers, owner-users, and visionaries the opportunity to create a destination-oriented project within a rapidly evolving neighborhood positioned for long-term growth. Opportunities of this scale, flexibility, and location are increasingly rare within the St. Petersburg market.
Zoning allows for a wide variety of permitted uses including:
Commissary or Catering Kitchen: accessory Restaurant/Bar indoor and outdoor, Brewery/Microbrewery, Commercial Garden, Florida Native and Sustainable Plants, Greenhouse, or Nursery, Pet Services (Indoor/Outdoor), Art Studio, Warehouse, Outdoor Storage, Vehicle Service & Repair, Freight/Towing, Office (Veterinary, Day Labor), Accessory Dwelling Owner, Service (Fleet-Based)
Investment highlights
Industrial Traditional (IT) Zoning
Prime Redevelopment Opportunity
Located Between the Warehouse Arts District & Palmetto Park
Minutes to Downtown St. Petersburg
Easy Access to I-275
Exceptional Visibility Along 5th Avenue South
Flexible Development Potential
Ideal for Creative, Maker & Artisan Uses
Commissary Kitchen & Culinary Incubator Potential
Food Production & Specialty Manufacturing Opportunity
Wellness, Recovery & Fitness Concept Potential
Owner-Manager Live/Work Possibilities
Adaptive Reuse or Ground-Up Development Opportunity
Surrounded by Artists, Makers & Entrepreneurs
Near FloridaRAMA, Studios, Breweries & Galleries
Strategic Location Within a Growing Employment Corridor
Opportunity for Outdoor Gathering & Event Space
Positioned Near Major Redevelopment Activity
Strong Demographic & Residential Growth Nearby
Rare Opportunity to Create a Destination-Oriented Project
Close Proximity to the SunRunner Transit Corridor
Potential for Café, Coffee Bar or Accessory Retail Component
Ideal for Entrepreneurial, Creative & Community-Focused Concepts
Located in One of St. Petersburg's Most Dynamic Emerging Neighborhoods
Significant Long-Term Investment & Growth Potential
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