According to St. Pete Catalyst, the two‑story Jannus Landing Retail Building at 200 1st Avenue N. in downtown St. Petersburg has been listed for sale at $11.5 million. The property, which houses the beloved Jannus Live concert venue, spans 10,500 square feet and is being offered by Jannus Landing Retail Building LLC.
The listing notes that the current owners, Knight Global Entertainment LLC, have retained several existing tenants, including the Landing Balcony Bar and the Pelican Pub. Plans outlined in the commercial real‑estate summary propose moving Jannus Live to the roof, creating a Jannus Live Rooftop Bar and Music Venue with a projected capacity of 500 to 800 patrons. The ground‑level concert space, established in 1984 and originally known as Jannus Landing, remains a standing‑room‑only courtyard that can accommodate up to 2,000 guests.
Additional concepts for the second floor include a dueling piano bar, a comedy club, and a Sunday “Gospel Brunch.” The listing describes the opportunity as “a working building with retained tenants, an operating retail business, a name with decades of standing in the city, and a plan that adds two new venues and a chef‑led food program without adding a floor.” It is not clear whether any of these changes have already begun or are merely prospective.
Knight Global Entertainment, a partnership between businessman Jeffry Knight and the late Bill Edwards, purchased the facility in 2010. Jeffry Knight stepped down as President of the company on May 5 2025, eight days after his 37‑foot pleasure craft allegedly collided with the Clearwater Ferry on Clearwater Bay, resulting in one passenger death and multiple injuries. Knight has pleaded not guilty to 24 criminal counts, including eight felonies, and his trial is scheduled for February 2027 in Pinellas County Circuit Court.
Calls to the listed Registered Agent, Megan Barnes, and to representatives of Knight Global were not immediately returned. The sale could reshape a key cultural landmark in St. Petersburg, affecting both local music fans and downtown businesses.
What’s next: Interested investors have until the listing’s deadline—unspecified in the report—to submit offers. The new owner will determine whether the rooftop venue and additional entertainment concepts move forward, potentially altering the downtown nightlife landscape.
Sources: stpetecatalyst.com
