4535 E Bay Dr - Restaurant FOR SALE


Clearwater, FL 33764
$2,980,000 USD
727-452-6864
4535 E Bay Dr, Clearwater, FL for Sale
$2,980,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

4535 E Bay Dr
Clearwater, FL 33764


HIGHLIGHTS

  • The property includes a 2,590 square foot building with drive-thru access that was recently renovated
  • Renovations totaled over $650,000 and included a new roof, new signage, new electrical wiring, and a complete internal restaurant buildout
  • The existing drive-thru is an attractive feature for potential tenants such as quick service restaurants, financial institutions, and cafés
  • The property is located on the southeast corner of the signalized intersection of East Bay Drive and Bedford Circle West in Clearwater, FL
  • The stretch of East Bay Drive where the property is located has an AADT of 62,500
  • The property is an outparcel to Newport Square, a 34,360 square foot office center comprised of three separate buildings

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/SF

$1,151 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

CG

APN/PARCEL ID

31-29-16-70344-300-0200

ASK ABOUT THIS PROPERTY

Ari RaviRipco Real EstateMore Info
727-452-6864

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Ari RaviRipco Real EstateMore Info
727-452-6864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.