Address Not Published

    St Petersburg, FL 33711
    • $650,000
    • STATUS: Active
    • ON SITE: 256 days
    • MLS #: A4429019
    UPDATED: 23 min ago
    $650,000
    • 0
      BEDS
    • 1.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Well established, turn key, high volume restaurant on major road in St Petersburg. CAP rate in excess of 14%. 6 years left on lease with an option for another 5. NNN lease. Seller may finance $150k for 4 years. Hours could be extended for extra revenue! Owner will train during the transition. New equipment in the kitchen: 2 new grills, 3 new prep cases, 2 new refrigerators with one new freezer. Oven, toaster and biscuit warmer, A/C, freezer compressor and ice machine all new. POS system 3 years old with 7 new server tablets, new front doors. Resealed the roof replaced all drainage with PVC from grease traps to the street. This is ready for you to take over immediately!

    Monthly Payment Calculator




    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-11-16T19:40:39.9.
    www.theduncanduo.com/homes/92333734

    Address Not Published St Petersburg, FL 33711

    • Price: $650,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: A4429019
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.2
    Acres
    1960
    Built
    Neighborhood:
    St Pete/Gulfport
    County:
    Pinellas
    Area:
    St Pete/Gulfport
    Property Description
    Well established, turn key, high volume restaurant on major road in St Petersburg. CAP rate in excess of 14%. 6 years left on lease with an option for another 5. NNN lease. Seller may finance $150k for 4 years. Hours could be extended for extra revenue! Owner will train during the transition. New equipment in the kitchen: 2 new grills, 3 new prep cases, 2 new refrigerators with one new freezer. Oven, toaster and biscuit warmer, A/C, freezer compressor and ice machine all new. POS system 3 years old with 7 new server tablets, new front doors. Resealed the roof replaced all drainage with PVC from grease traps to the street. This is ready for you to take over immediately!
    Exterior Features

    Construction Materials Block Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air

    Property Features

    Additional Parcels Yn No Business Type Restaurant Financing Terms CashSeller May Finance A PortionOther Flood Zone Code Ae Lease Term 6 + Years New Construction Yn No Property Sub Type Business Realtor Info Confidentiality Letter Required Special Listing Conditions None Tax Annual Amount 1765 Tax Year 2018 Total Num Buildings 1


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Bright Realty.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-11-16T19:40:39.9.
     
    The Duncan Duo Team
    6320 S Dale Mabry Hwy
    Tampa FL, 33611