About this property
Own a prime piece of St. Petersburg real estate and history! The Playhouse Portfolio consists of 2 buildings on 4 parcels located at the center of two thriving St. Pete communities -- the Grand Central District and the Warehouse Arts District.
Previously listed at $4M, now is the time to take advantage of this remarkable
opportunity!
PORTFOLIO INCLUDES:
1850 Central Avenue
- Former Playhouse Theatre; Currently vacant with infinite potential for future use
- 14,610 SF
- New roof and abatement
1833 1st Avenue South
- Renovated two-story former night club venue
- 6,636 SF
- Income-producing potential
Billboards
- High visibility from I-275 in both directions
- 121,500 cars daily
- Income-producing lease in place
Two Vacant Commercial Lots (adjacent parcels west of buildings)
- Currently used for parking
Special event parking permit for Tropicana Field
Use the CA link to complete the Confidentiality Agreement and receive additional information.
Click here for a virtual tour.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 21,246 sqft
- Land Size
- 24,000 sqft
- Zoning
- CCT-2
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
1850 Central Avenue
St. Petersburg, Florida 33712 - Cross street
- 1833 1st Avenue S.