226 Main StSafety Harbor, FL 34695

Property Details for 226 Main St

Year built

1957

Construction

CONCRETE BLOCKS

Lot size

0.09 AC

Property size (Sq ft)

2,539 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

03-29-16-33390-000-0030

APU

32916333900000030

Description

This exceptional redevelopment opportunity presents a vacant 3,700 square foot restaurant space located at 226 Main St, Safety Harbor, Florida, 34695. Situated on a 0.25-acre lot, this property offers significant potential for a discerning investor or restaurateur. The building, constructed in 1957, is situated within the Community Redevelopment District: Main Street Marketplace zoning designation. The total square footage is 3,799 square feet, with 3,700 square feet of net rentable area. The property is currently vacant, providing a blank canvas for a new concept. The property's address is 226 Main St, Safety Harbor, FL 34695, and its location is further identified by APN numbers 03-29-16-33390-000-0030 & 03-29-16-33372-015-0050. This prime location in Safety Harbor, Pinellas County, offers high visibility and accessibility. This is an ideal investment for those seeking a redevelopment project in a thriving Florida community. The property's classification is Retail, with a subtype of Restaurant. The investment type is categorized as Redevelopment.

• CAP approach

  CAP return

  Valuation

  6%

  $727,610

  6.5%

  $671,640

  7%

  $623,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $705,602

  Geo Method

  $705,602

• Alternative Use

  Use

  Valuation

  Residential

  $566,554

  Hospitality

  $518,960

  Educational

  $431,769

  Medical

  $446,618

  Retail

  $671,640

Location Insight

City

Safety Harbor

County

Pinellas

State

Florida

Latitude

27.9906

Longitude

-82.6894

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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