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Olivia's Subs & Pizza Greek Restaurant 2318 Seven Springs Blvd 1,316 SF Retail Building New Port Richey, FL 34655 $1,700,000 ($1,291.79/SF)



Investment Highlights
- Freestanding restaurant property with existing kitchen and dining build-out.
- Convenient access to State Road 54 and U.S. Highway 19 for regional connectivity.
- Flexible options for continued restaurant use or alternative retail adaptation.
- Prominent frontage along Seven Springs Boulevard with strong daily traffic counts.
- Surrounded by residential communities and complementary retail businesses.
Executive Summary
This property presents an opportunity to acquire a freestanding restaurant building in a high-traffic corridor of New Port Richey, Florida. Offered at approximately $1.7 million, the sale includes the land and building only, with the current restaurant business vacating upon closing. The buyer may continue operating the existing pizzeria or introduce a new dining concept, leveraging the fully built-out kitchen and dining infrastructure. Seller financing is available, providing flexibility for qualified buyers.
The site benefits from strong visibility along Seven Springs Boulevard, a well-traveled thoroughfare connecting to major routes such as State Road 54 and U.S. Highway 19. The surrounding area features a dense residential population and a mix of retail and service businesses, creating a steady customer base. With its established restaurant layout and strategic location, this property offers long-term value for investors or owner-operators seeking a turnkey food service environment.
The site benefits from strong visibility along Seven Springs Boulevard, a well-traveled thoroughfare connecting to major routes such as State Road 54 and U.S. Highway 19. The surrounding area features a dense residential population and a mix of retail and service businesses, creating a steady customer base. With its established restaurant layout and strategic location, this property offers long-term value for investors or owner-operators seeking a turnkey food service environment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,316 SF
Building Class
C
Year Built
2005
Price
$1,700,000
Price Per SF
$1,291.79
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
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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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Olivia's Subs & Pizza Greek Restaurant | 2318 Seven Springs Blvd
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