• For sale
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!
Playhouse Portfolio - An Entire City Block!

For Sale

$2,750,000 USD

Own a prime piece of St. Petersburg real estate and history! The Playhouse Portfolio consists of 2 buildings (21,246 SF) on 4 parcels (24,000 SF) 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