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TREADWAY DR US 19
Port Richey, FL 34668
RESTAURANT HIGH GROWTH ASSET 5330 TREADWAY DR · Retail Property For Sale
Investment Highlights
- KEY WEST STYLE WATERFRONT RESTAURANT, DOCKS, DECKS MULTI FLOORS
- WATER VIEWS PLUS COMMERCIAL BOAT WET SLIP INCOME IN PLACE INCREASING
- ENTIRE KITCHEN AND RESTAURANT INFRASTRUCTURE & EQUIPMENT ON 2 FLOOR
- BEACH VIBE 2ND GEN RESTAURANT CURRENTLY 150 PLUS SEATING UNDER SRX LIC
- FOR SALE, DIRECT 813 .431 8080 LEASE, LEASE OPTION, SELLER FINANCING AVAILABLE
- WATERFRONT ENTERTAINMENT DESTRICT NEXT TO HOOTERS HIGH VOL RESTAURANT NIGHT CLUBS BAR AND GRILL
Executive Summary
Value enhanced by 15% plus percent through planned cosmetic upgrades, value add through conversion of unutilized space Proforma for compound return annual growth of approximately 13% and add NOI increases . TEAM GRIMALDI C0M FLORIDA WATERFRONT RESTAURANT MARINA BAR AND GRILL FOR SALE...OWN A FLORIDA ICON 2nd GENERATION HIGH VOLUME RESTAURANT BAR AND GRILL.
WATERFRONT,COMMERCIAL MARINA GULF ACCESS LOCATED NEXT TO HOOTERS RESTAURANT BAR MUST SEE PRIME LOCATION WEST COAST FLORIDA INVESTMENT AND FOR RESTAURANT & MARINA OPERATOR OWNER.. Short term lease tenants in place with increasing income Also additional wet slip Marina and parking income in place increasing.
CONTACT US DIRECT FRANK 813-431-8080 FOR MORE INFORMATION AND SHOWING. MARINAS & RESTAURANTS ON GULF
CONFIDENTIAL!! PLEASE DO NOT DISTURB TENANTS OR EMPLOYEES. TEAM GRIMALDI REALTY PROPERTIES DIRECT 813-431-8080
WATERFRONT,COMMERCIAL MARINA GULF ACCESS LOCATED NEXT TO HOOTERS RESTAURANT BAR MUST SEE PRIME LOCATION WEST COAST FLORIDA INVESTMENT AND FOR RESTAURANT & MARINA OPERATOR OWNER.. Short term lease tenants in place with increasing income Also additional wet slip Marina and parking income in place increasing.
CONTACT US DIRECT FRANK 813-431-8080 FOR MORE INFORMATION AND SHOWING. MARINAS & RESTAURANTS ON GULF
CONFIDENTIAL!! PLEASE DO NOT DISTURB TENANTS OR EMPLOYEES. TEAM GRIMALDI REALTY PROPERTIES DIRECT 813-431-8080
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built/Renovated
1998/2022
Price
$2,600,000
Price Per SF
$371.43
Cap Rate
15.00%
NOI
$390,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.28 AC
Zoning
C2 - C2 COMMERCIAL RETAIL RESTAURANT BAR AND GRILL. RESORT HOTEL COMMERCIAL MIXED ZONING DEVELOPMENT AND COMMERCIAL WET SLIPS
Parking
55 Spaces (7.86 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Restaurant
- Signage
- Waterfront
- Monument Signage
- Balcony
Property Taxes
| Parcel Number | 32-25-16-0260-00000-0020 | Improvements Assessment | $222,983 |
| Land Assessment | $278,438 | Total Assessment | $501,421 |
Property Taxes
Parcel Number
32-25-16-0260-00000-0020
Land Assessment
$278,438
Improvements Assessment
$222,983
Total Assessment
$501,421
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