This offering presents 4.7 acres on a prominent retail corridor in Clearwater, Florida, featuring an existing second-generation restaurant building. The site, currently operating and to be closed upon sale, provides 512 feet of frontage along 49th Street North and includes over 200 parking spaces. Zoned CG, the property accommodates a wide range of permitted commercial uses, making it an attractive redevelopment opportunity for restauranteurs, retailers, or investors. Situated in a dynamic market, the location benefits from high visibility and substantial traffic counts, with approximately 30,401 vehicles per day. The property’s generous lot size is significantly larger than typical restaurant sites, offering flexibility for reconfiguration or subdivision. With the ability to carve out an additional 1+ acre parcel for pad development or alternate use, this site maximizes potential for multiple income streams. Positioned between St. Petersburg and downtown Clearwater, the property enjoys convenient access to major transportation routes, including US-19 and I-275, and lies within close proximity to Tampa International and St. Pete-Clearwater International airports.