Price Reduction
Address
NEAR FAMOUS SPONGE DOCKS N PINELLAS AVENUE Tarpon Springs, FL
Price
$ 129,900
Property Attributes
  • MLS#W7803564
  • TypeCommercial
  • CountyPINELLAS
  • CityTarpon Springs
  • AreaTarpon Springs
  • Zip34689
  • StyleRetail
  • Year Built1970
  • Taxes7362
  • Price$ 129,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3500
  • Lot Size0.39 Acres
Listing Provided Courtesy Of:
FIRST FLORIDA REALTY LLC
Property Description

PRICE RECENTLY REDUCED 75K!!! SELLERS MOTIVATED!!! TRULY A TURN KEY RESTAURANT IN HIGH TRAFFIC TOURIST AREA. LOCATED ON MAIN THOUROUGHFARE WITH OVER 15,000 VEHICLES A DAY DRIVING BY YOUR DOOR. HIGH VISIBLILTY FROM ROADWAY WITH PLENY OF LIGHTED SIGNAGE. HERE IS YOUR CHANCE TO OWN A SUCCESSFUL AND PROFITABLE BUSINESS THAT IS LOCATED NEAR THE WORLD FAMOUS SPONGE DOCKS IN TARPON SPRINGS. WELL ESTABLISHED AND IN BUSINESS SINCE 1978. AT THIS PARTICULAR LOCATION FOR 15 YEARS. 40 YEAR OLD NAME GOES WITH SALE OF BUSINESS. THIS FULLY EQUIPPED/FULL SERVICE DINING ESTABLISHMENT LET'S YOU VIRTUALLY HIT THE GROUND RUNNING AND BEGIN MAKING MONEY FROM DAY ONE. SALE INCLUDES ALL EPUIPMENT, FURNITURE, AND SMALLWARES. WITH 7 FULL YEARS REMAINING ON CURRENT LEASE, MAKING BACK YOUR RETURN ON INVESTMENT AND MUCH MORE $$$ IS A NO BRAINER. LEASE MAXIMUM RATE TO EVENTUALLY REACH NO MORE THAN $4500 MONTH. QUITE A BARGAIN FOR 2500 SQUARE FEET OF COVERED SEATING AREA. KITCHEN IS AN ADDITIONAL 1000 SQUARE FEET INCLUDED. ESTABLISHMENT SEATS 150 PATRONS, AND HAS 4COP SRX LIQUOR LICENSE THAT CAN POSSIBLY BE TRANSFERED TO THE NEW OWNER. INCREASE PROFITS BY ADDING BREAKFAST OR RUNNING ESTABLISHMENT AS A LATE NIGHT TAVERN/GRILL WITH FULL LIQUOR AND ENTERTAINMENT. RESTAURANT HAS A SEPERATE AIRCONDITIONED ROOM ADDITION THAT IS PERFECT FOR PRIVATE PARTIES, AND PLENTY OF ONSITE PARKING. TUESDAY SHOWINGS ONLY.

Price History
2/2/2020 Listed $199,900
3/3/2020 13% - $174,900
10/8/2020 26% - $129,900

General Features

Accessibility Accessible Approach with Ramp, Accessible Doors, Accessible Entrance, Handicap Modified
Building Features Bathrooms, Columns, Dumpsters, Furnished, Kitchen Facility, Lit Sign on Site, Seating, Service Stations
Business Type Bar/Tavern/Lounge, Commercial, Food & Beverage, Restaurant
Ceiling Height 8 to 9 Feet
Construction Materials Block, Stone, Stucco, Wood Frame
Cooling Central Air, Wall/Window Unit(s)
Electric 150 Amp Service, 3 Phase, 110 Volts, 220 Volts
Flooring Porcelain Tile
Heating Central, Electric
Lease Term 6 + Years
MLS Area 34689 - Tarpon Springs
Parking Features 13 to 18 Spaces
Property SubType Retail
Property Type Commercial
Security Features Security Fencing/Lighting/Alarms, Security System, Security System Leased
Sewer Public Sewer
Special Listing Conditions None
Status Active
Total Num Buildings 1
Township 27
Utilities BB/HS Internet Capable, Electricity Available, Gas, Phone Available, Public
Year Built 1970

Interior Features

Ceiling Type Acoustical
Living Area 3500.00
Numof Offices 1
Numof Restrooms 2

Exterior Features

Building Area Total 3500.00
Financing Terms CASH, CONVENTIONAL
Lot Size Acres 0.39
Lot Size Square Feet 17115
Road Frontage Type Business District, County Road, Divided Highway, Main Throrughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34689

Price
AVG $630K
$130K
Taxes
AVG $9,725
$7,362
Visits
AVG 94
183
Year Built
AVG 1966
1970
Walkscore
AVG 58
65
Data Provided by Walkscore ® not using MLS data