x
Address
Not Disclosed St Petersburg, FL
Price
$ 650,000
Property Attributes
  • MLS#A4429019
  • TypeCommercial
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete-Gulfport
  • Zip33711
  • StyleBusiness
  • Year Built1960
  • Taxes1765
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3879
  • Lot Size1.2 Acres
Listing Provided Courtesy Of:
BRIGHT REALTY
Property Description

Well established, turn key, high volume restaurant on major road in St Petersburg. CAP rate in excess of 14%. 6 years left on lease with an option for another 5. NNN lease. Seller may finance $150k for 4 years. Hours could be extended for extra revenue! Owner will train during the transition. New equipment in the kitchen: 2 new grills, 3 new prep cases, 2 new refrigerators with one new freezer. Oven, toaster and biscuit warmer, A/C, freezer compressor and ice machine all new. POS system 3 years old with 7 new server tablets, new front doors. Resealed the roof replaced all drainage with PVC from grease traps to the street. This is ready for you to take over immediately!

Price History
3/4/2019 Listed $650,000

General Features

Business Type Restaurant
Lease Term 6 + Years
MLS Area 33711 - St Pete/Gulfport
Property SubType Business
Property Type Commercial
Special Listing Conditions None
Status Active
Total Num Buildings 1
Year Built 1960

Interior Features

Cooling Central Air

Exterior Features

Building Area Total 3879.00
Construction Materials Block
Financing Terms cash, seller may finance a portion, other
Lot Size Acres 1.20
Lot Size Square Feet 53426
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33711

Price
AVG $570K
$650K
Taxes
AVG $6,105
$1,765
Visits
AVG 35
120
Year Built
AVG 1971
1960

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