North-County Free-Standing Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30809413
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 3,254 SF
Gross Building Area: See Agent
Gross Land Area: 17,430 SF
Sale Price: $1,290,000
Unit Price: $396.44 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/8/2022

Overview / Comments

Michael Ludwig, Agent - 727-823-1230, ext. 239 - mludwig@vectorrealty.com
Michael Heretick, Agent - 727-823-1230, ext. 233 - mheretick@vectorrealty.com

This 3,254-square-foot free-standing building provides the perfect opportunity for a new dining concept or an additional location for an established restaurant. The property is located on heavily-traveled West Bay Drive, only two miles from some of the area's best beaches and surrounded by a number of exclusive residential communities. With daily traffic counts at 21,500 vehicles and a median household income of $70,000, this gem won't be available for long. Current tenant will vacate prior to closing.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 15 29 33 08874 000 0170
Zoning: CG
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Traffic/Vehicle Count: 20,000
Highway Access: I-275, US-19
Airports: TIA, PIE
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1969
Year Renovated: 2005
Total Parking Spaces: 22
Parking Ratio: 7.3 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,567 108,875 243,279
Median Age: 47.63 48.7 46.77
Households: 6,388 51,253 109,767

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