A secret – and sprawling – space underneath one of St. Pete’s most historic buildings may soon get new life. Smith & Associates Real Estate announced the sale this week of a Snell Arcade commercial condominium housed underneath the beautiful Snell Building on the corner of 4th St and Central Ave.
The 8,582 square-foot basement had been in use for years as the office of Volunteers of America, but in past lives has also served as a restaurant and even retail space. Volunteers of America of Florida sold the space to the Miami-based Tricera Capital, opening the door for something new to fill the historic space inside a building that’s on the National Register of Historic Spaces. Read more.