For Sale
$199,000

435 5Th AveSt. Petersburg, FL 33701

Established Restaurant, 4900 SF, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This turnkey restaurant opportunity in St. Petersburg, Florida, presents a unique chance to acquire an established business. Located at 435 5th Ave N, in Pinellas County, zip code 33701, this 4,900 square foot, single-story property is currently operating as a Portuguese restaurant. The sale includes everything needed to begin operations immediately, offering a seamless transition for the new owner. The flexible space allows for a variety of culinary concepts, making it an ideal investment for entrepreneurs with diverse visions. A full bar and kitchen are included, ensuring a complete and functional setup. The property's convenient location, minutes from the St. Pete pier, provides excellent visibility and accessibility. The current lease has a remaining term of 1.5 years, with a 3-year option available, offering long-term stability. The asking price is $199,000, translating to $40.61 per square foot. This is a rare opportunity to acquire a well-established restaurant in a thriving location with significant upside potential. Serious inquiries only.

Highlights

  • Asking price: $199,000
  • 4,900 square foot restaurant for sale in St. Petersburg, FL
  • Price per square foot: $40.61
  • Currently operating as a Portuguese restaurant, but easily adaptable to other concepts
  • Includes all equipment for immediate operation; full bar and kitchen included
  • One-story building; lease with 1.5 years remaining, plus a 3-year option.

Property Details for 435 5Th Ave

Property type
Square Feet
4,900 SF
Stories
1

Location Insight

City
St. Petersburg
County
Pinellas
State
Florida
Latitude
27.7777789
Longitude
-82.6393551
435 5Th Ave, St. Petersburg, Florida

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435 5Th Ave
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