Available For Sale - Retail

3,420 SF | Show Pricing $

Retail Space in Saint Petersburg for sale

AVAILABILITY DETAILS

Size
3,420 SF
Price/SF
Show Pricing $
Listing ID
SA510587
Notes
Our Offering is for a Turn-Key Restaurant & Bar business for sale (**there is no real estate involved except for an EXTREMELY attractive lease**). Leasehold equity is in excess of $1.2mm (below market rates over the term of the lease)!



This operating business is well-known and popular and is located on the main & main location of "Central Avenue" in an incredible district. This offering is intentionally ghosted to protect the staff, guests, and the business. An NDA will be supplied for additional disclosure.



Either buy the existing business and continue to run it (with nearly $300k in net owner benefit), or bring your concept and plug it in to the existing bones to save months and months of permitting time, construction costs and headache on the way to deploying your new concept.



The Restaurant & Bar currently have a 4COP SFS/SRX Full Liquor License, allowing the business to sell beer, wine and full liquor drinks together with their food offerings. Because of the size of this site (in excess of 2500SF, a 4COP quota license is not required, saving a potential operator the need to purchase a license for more than $600,000).



The interior consists of a handsome dining area, bar & both indoor and outdoor seating as well as a full kitchen (together with compliant hood, grease trap and walk-in refrigeration). All Furniture, Fixtures and Equipment convey with the purchase.



The business also boasts of a large and inviting outside sidewalk café that fronts Central Ave and has the potential for expansion (nearly another 2000SF possible) together with significant deeded land that could also be converted to copious additional outdoor dining area.



The site also has very broad and open exposure to Central Avenue and dedicated, significantly sized, two sided pylon signage.



The locale of the site is in proximity of many other stellar businesses and neighbors that lend to the attractiveness of this business and the District in general, within close walking distance of many other popular hot spots in St Petersburg.



For additional information please contact lead agent Joe Esposito at 941-212-2222 for additional information.
Uses
Retail

Other Availability in this Property

Space/Suite Square Feet Type Uses Asking Rent/Price
3,420 SF Sale Retail Show Pricing $ chevron_right
3,420 SF Sale Retail Show Pricing $ chevron_right
Space/Suite
 
Square Feet
3,420 for sale
Uses
Retail
Asking Rent/Price
Show Pricing $
Space/Suite
 
Square Feet
3,420 for sale
Uses
Retail
Asking Rent/Price
Show Pricing $

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Joe Esposito, KW COMMERCIAL
BRE# SL3384847