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Places This Week: Tricera lists Snell Arcade, Camden Central retail

Veronica Brezina



The Snell Arcade on Central Avenue. GoogleMaps.

A weekly roundup of local real estate deals. 


Snell Arcade basement and Camden Central retail spaces list 

Miami-based Tricera Capital, which owns multiple properties in St. Petersburg, has listed the Snell Arcade basement and the retail portion of the Camden Central building for lease. 

Over 9,200 square feet of commercial space is available for lease inside the eight-story Snell Arcade building at 405 Central Ave. Tricera purchased the basement late last year in a $1.88 million deal from the not-for-profit organization Volunteers of America.

The interior of the Snell Arcade’s basement. Photo provided by Smith and Associates.

Colliers executives Erica Waltermire and Jaclyn Langholz are the listing agents. 

The basement can house a speakeasy, a salon, an art gallery, a fitness center, an office or retail concepts, according to the marketing brochure. 

The Snell Arcade was built in 1927 by local developer business mogul C. Perry Snell, who is credited with developing much of northeast St. Petersburg. 

Tricera is also working with the Colliers team on listing the retail component of the mixed-use Camden Central building. 

The historic bank building – and former BurgerFi space – at Camden Central. GoogleMaps.

Spaces ranging from 1,521 to 8,365 square feet, including the adjoining historic bank building, are available for lease at the 368-unit luxury apartment complex at 855 Central Ave. 

Tricera purchased the ground floor retail and bank building from The Related Group in 2021 in an $11.1 million deal. 

Waltermire said there’s a lease pending for a restaurant concept that will open in the space BurgerFi previously occupied. 

Colliers is also listing the second floor of the adjoining historic bank building. 


Pass-a-Grille restaurant sells 

The Shaner’s Land and Sea Market has sold in a $1.64 million deal. 

Shaner’s Land and Sea Market in Pass-a-Grille. GoogleMaps.

The buying entity Orange Fuel LLC purchased the business and 2,580-square-foot building at 2000 Pass a Grille Way. The LLC is connected to individuals Anwar Khoja and Falguni Raval, who are owners of a Shell gas station in St. Pete Beach.

Husband-and-wife Michael and Jackie Shaner have operated the meat market and deli for over 20 years. The market operations will continue, Michael Shaner told the Catalyst.

However, in a Facebook post from their son, Mickey, he wrote, “It [the business] took very good care of our family for nearly 30 years and now it’s time for dad and Jackie to retire and enjoy the fruits of their labor. I’ve spent 21 years as an employee there and now the time has come for me to take a leap of faith. I’m working on a project that will enable me to deliver you all of your favorites from Shaner’s, fresh to your doorstep.” 

The free-standing building, constructed in 1947, sits on a 5,000-square-foot lot. 

The Calhoon Commercial Group of Smith & Associates Real Estate listed the property. 


Auto dealership group purchases Rooms to Go building 

The ownership group behind Lokey Nissan in Clearwater has acquired a 28,000-square-foot Rooms to Go showroom. 

The Rooms to Go showroom at 27630 U.S. Highway 19 N., Clearwater. GoogleMaps.

Paul Lokey, the owner of Lokey Automotive Group, purchased the building and parking lot at 27630 U.S. Highway 19 N. in a $7.15 million deal. The property is directly across from the dealership. 

Lokey was not immediately available to comment about the purchase. 

The family-owned Lokey Nissan group has operated the dealership since 1952, according to the company’s website. 


Bayway Isles home sells for over $6 million 

The estate at 5237 61st Ave. S. in the Bayway Isles community has sold in a record-breaking $6.2 million deal. 

The deal marks the highest-priced estate sale in exclusive neighborhood, according to Corcoran Dwellings realtor Julie Larsen. She represented the buyer.

Goliath Home Builders of Tampa Bay constructed the home this year. 

The Bayway Isles estate at 5237 61st Ave. S., St. Petersburg. Realtor.com.

All of the four bedrooms in the 4,657-square-foot waterfront estate have waterfront views. The main bedroom has private balcony access. 

The kitchen in the Bayway Isles estate. Realtor.com.

The home also features an elevator, a pool and an outdoor kitchen. 

The 0.32-acre lot has an updated seawall, a dock with a kayak launch area and a boat lift. 

Dania Perry with Century 21 Jim White and Associates represented the seller. 

The lot last sold in 2019 for just under $1 million.  


Multifamily property sells 

An eight-unit apartment building at 742 7th Ave. N. in St. Petersburg has sold. 

The N LLC entity purchased the apartments from Madeira Beach-based Falcon Properties in a $1.23 million deal. 

The multi-unit property at 742 7th Ave. N., St. Petersburg. Loopnet. 

The property was constructed in 1915. The previous owners remodeled it last year. 

The 3,533-square-foot building features a courtyard. 

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