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Investment Highlights
- Over 4.7 acres, allowing redevelopment potential or subdivision for additional users.
- High traffic counts of approximately 30,401 vehicles per day and easy access to US-19 and I-275.
- Located between St. Petersburg and Clearwater in a mixed-use area with residential and industrial surroundings.
- Freestanding second-generation restaurant with strong visibility along 49th Street North.
- More than 200 on-site parking spaces to accommodate heavy customer flow.
- Zoned CG, permitting a broad range of commercial uses.
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,400 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
4.70 AC
Parking
200 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
512’ on U.S. Highway 19
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-30-16-69732-400-5105 | Improvements Assessment | $1,285,116 |
| Land Assessment | $1,114,884 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
16-30-16-69732-400-5105
Land Assessment
$1,114,884
Improvements Assessment
$1,285,116
Total Assessment
$2,400,000
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10400 49th St N
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