412 Cleveland StClearwater, FL 33755

Property Details for 412 Cleveland St

Year built

1920

Construction

CONCRETE BLOCKS

Lot size

0.21 AC

Property size (Sq ft)

15,190 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

16-29-15-23814-000-0030

APU

162915238140000030

Description

This exceptional 2,100 square foot turnkey bar and restaurant is ideally situated on Cleveland Street in Clearwater, Florida, within a vibrant hub of dining, nightlife, and shopping. The property boasts a stylish interior design and is fully equipped for immediate operation. A fully functional bar with beer taps is complemented by a complete kitchen, ready to handle any culinary needs. The spacious dining area includes comfortable booths, providing ample seating for patrons. Two bathrooms add to the convenience of both staff and customers. The property's location in Pinellas County ensures high visibility and accessibility, placing it at the heart of Clearwater's bustling scene. The restaurant is available fully furnished, offering a seamless transition for new owners. The asking price for the key money is available upon request. This presents a rare opportunity to acquire a thriving, established business in a prime Clearwater location. The property is a single-tenant space, offering simplicity and control for the new owner. This is a truly remarkable opportunity for an experienced restaurateur seeking a well-established and profitable business.

• CAP approach

  CAP return

  Valuation

  6%

  $5,073,775

  6.5%

  $4,683,485

  7%

  $4,348,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,221,386

  Geo Method

  $4,221,386

• Alternative Use

  Use

  Valuation

  Residential

  $3,950,695

  Hospitality

  $3,618,815

  Educational

  $3,010,812

  Medical

  $3,114,358

  Retail

  $4,683,485

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.966

Longitude

-82.8005

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].