Places This Week: Mastry’s Bait and Tackle shop sells

A weekly roundup of local real estate deals.

Mastry’s Bait and Tackle shop sells 

Hollander Hotel owner Michael Andoniades has purchased the shuttered Mastry’s Bait and Tackle shop, with plans of reopening it under a new operator. 

Photo by Veronica Brezina.

The business at 1700 4th St. S., a former staple in St. Pete, was operated by award-winning Tarpon fisherman Larry Mastry. 

The original business was founded in 1975 by Larry’s father, Mike Mastry. 

Andoniades, who owns multiple properties throughout the city, purchased the 1,698-square-foot building, constructed in 1945, and surrounding warehouses in a roughly $1 million deal. 

The business will likely reopen under a different name; however, it will be a similar retail concept and may sell frozen and smoked seafood. 

The new operator plans to offer kayak rentals, taking advantage of the Salt Creek running behind the building that connects to the Bayboro Harbor. 

The Mastry’s Bait and Tackle shop’s proximity to Salt Creek. GoogleMaps.

Office building sells for just under $5 million 

The 23,478-square-foot Freedom Launch commercial building in Clearwater, also known as the Causeway Office Center, has sold. 

Tampa-based GTB Equity Group sold the building at 3118 Gulf to Bay Blvd. in a $4.9 million deal to an entity connected to local company Pension Tree Ventures. 

The office building at 3118 Gulf to Bay Blvd., Clearwater. GoogleMaps.

The three-story building was built in 1972 and renovated in 2022. According to a Loopnet listing from the Suarez Private Equity firm, the office complex has suites ranging from 100 to 939 square feet and is fully leased. 

The building has a marble-accented lobby and updated elevators. 

It was previously listed for $5.378 million. 

The buyer took out a $3.8 million mortgage loan from DKC Lending for the purchase. 

Central Avenue space trades hands 

A retail space along St. Pete’s Central Avenue, where Lion’s Paw Antiques and Collectables has a storefront, has sold. 

St. Pete-based Caravan Contractors sold the 2,775-square-foot space at 2541 Central Ave. to RK KE Holdings 1 LLC in a $1 million deal. 

The Lion’s Paw Antiques and Collectables storefront at 2541 Central Ave., St. Petersburg. GoogleMaps.

Tenant Lion’s Paw Antiques and Collectables has been selling and buying items in St. Pete for over 2o years. 

A person who answered the phone said the plan is to continue serving customers at the location. 

According to the business website, Lion’s Paw specializes in retro, Danish and mid-century furniture, fine art, pottery and military memorabilia.

Retail and restaurant space sell 

Commercial space in the Indian Shores Plaza has sold in a $3.45 million deal. 

Indian Shores Plaza. GoogleMaps.

Odin Enterprises purchased the properties at 19705 and 19709 Gulf Blvd. from the Hunter Family Real Estate Investments LLC. 

The two acquired buildings are currently occupied by seafood restaurant tenant DJs Clam Shack and retailer Indian Shores Trading Company. 

Largo industrial buildings sell 

Two twin industrial buildings in Largo have sold in a $1.9 million deal. 

Holiday, Florida-based Dreston Land Holdings sold the 0.79-acre property at 2322 Lake Ave. SE to an LLC connected to Tampa-based Trust Roofing. The family-run business started in 1978 in California. 

The industrial buildings at 2322 Lake Ave. SE, Largo. Loopnet.

The 3,800-square-foot north building at the gated site includes 1,600 square feet of office space on two floors and 1,500 square feet of air-conditioned warehouse space. 

The south two-story, 5,300-square-foot building has offices, bathrooms and a kitchen area. 

Additionally, there’s a roughly 750-square-foot covered storage space behind the south building, according to the Loopnet listing from Klein and Heuchan Inc. Realtors.