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Olivia's Subs & Pizza Greek Restaurant 2318 Seven Springs Blvd 1,316 SF Retail Building New Port Richey, FL 34655 $1,300,000 ($987.84/SF)
Investment Highlights
- Situated in the Trinity/New Port Richey corridor, serving both Pasco and Pinellas counties
- Close proximity to Perich Eye Center, Trinity shopping hubs, and major retailers
- Surrounded by dense residential neighborhoods and growing developments
- Easy access to Little Rd, SR-54, and US-19
Executive Summary
This offering is strictly for the real estate (land and building) only, not the operating business. (If sold, the current restaurant business will vacate; if leased, a new tenant can assume the space as a move-in-ready restaurant or retrofit to their needs.) The asking sale price is approximately $1.3 million (about $2,659/SF), The buyer has the option to continue operating the existing pizzeria or to establish and run a new restaurant concept.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,316 SF
Building Class
C
Year Built
2005
Price
$1,300,000
Price Per SF
$987.84
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
2.07 AC
Zoning
C2 - Commercial
Parking
28 Spaces (21.28 Spaces per 1,000 SF Leased)
Frontage
218’ on Seven Springs Boulevard
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-26-16-0000-00600-0000 | Improvements Assessment | $164,104 |
| Land Assessment | $168,819 | Total Assessment | $332,923 |
Property Taxes
Parcel Number
27-26-16-0000-00600-0000
Land Assessment
$168,819
Improvements Assessment
$164,104
Total Assessment
$332,923
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Fatos Cala
Olivia's Subs & Pizza Greek Restaurant | 2318 Seven Springs Blvd
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