1114 Florida Ave - Restaurant FOR SALE


Palm Harbor, FL 34683
$5,250,000 USD
727-403-5611
1114 Florida Ave, Palm Harbor, FL for Sale
$5,250,000 USD
Restaurant - FOR SALE
1/59
null | Request Cap Rate

1114 Florida Ave
Palm Harbor, FL 34683


HIGHLIGHTS

  • 2022 Built (CLASS-A) High-Capacity Restaurant Opportunity
  • Free Stand Structure
  • $1.0 Million In FF & E
  • Seats-275 plus
  • Historical Old Palm Harbor

OVERVIEW

This is an opportunity to own a State-of-the-Art 2022 Restaurant/Bar facility on .31 acres of land with 1.0 million dollars of kitchen, Bar, and all FF&E. The developer used all High-end Construction materials, fixtures, and Window packages. Perfect test kitchen or ghost kitchen concept. This property offers a buyer an enormous opportunity in the dense population of Historical downtown Palm Harbor, FL., for dining and entertainment. This restaurant seats 175 First Floor/100 Second Floor, totaling 275 seats. Utility averages Electric $5,000.00, Gas $1,200.00 & Water $1,200.00. Complete FF&E inventory list available upon request. The long-term overflow parking lease is conveyed at closing. This opportunity is particularly compelling due to health reasons necessitating a sale. If you or anyone you know might be interested, please don't hesitate to reach out for more details or to schedule a viewing.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$648 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

2125 Restaurant, Cafeteri

APN/PARCEL ID

01-28-15-88560-095-0600

ASK ABOUT THIS PROPERTY

Mark GanierRE/MAX Realtec Group, Inc.More Info
727-403-5611

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Mark GanierRE/MAX Realtec Group, Inc.More Info
727-403-5611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.