St Petersburg, FL 33711

$650,000
1.23
Acres
$650,000
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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!

$650,000
1.23
Acres
Listing #: A4429019
Listed by Bright Realty
$650,000
Favorite

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!

  • Type
  • County
    Pinellas
  • Tax Amount
    $1,765
  • Status
    Active
  • Listing #
    A4429019
  • Built
    1960
  • Lot Size
    1.23
  • Listed on site
    264 days

Listed by:
Bright Realty

Source:
MFRMLS

Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
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