St. Pete Beach Retail / Restaurant-Equipped Building
Retail | 2,220 SqFt
Marketing description
Located in St. Pete Beach, Florida, this incredible recently renovated retail/ restaurant building offers a large open floor plan currently configured for grocery and convenience store use. The space includes an installed grease trap and hood, allowing for the preparation of grab-and-go meals or potential conversion to a full restaurant concept.
With ten hotels and more than 2,000 residential units located within a half-mile radius, the property is ideally positioned to serve as a walkable neighborhood market. Whether guests are looking for food for their hotel room, beach snacks, drinks, or a missing ingredient, this store provides convenient access to everyday essentials without having to leave the island to visit a major retailer.
Even with the close proximity to the beach, the property reportedly received no flooding or major damage from the 2024 hurricanes.
The site features premium frontage along Gulf Boulevard, the main island-hopping thoroughfare from Tierra Verde to the south, through St. Pete Beach, Treasure Island, Madeira Beach, Redington Shores, Indian Rocks Beach, and all the way north to Clearwater, spanning over 22 miles along the beaches of the Gulf.
Investment highlights
- Recently renovated open floorplan retail/restaurant building offering grocery and convenience functionality, equipped with a grease trap and hood
- Approximately $300,000 worth of building upgrades plus $100,000 of equipment included in the sale where applicable
- Highly walkable location with ten hotels and more than 2,000 residential units within a half-mile radius
- High-visibility site featuring prominent signage with traffic counts of approximately 24,000 cars per day
- 11 total deeded parking spaces, which are at a premium on the beach
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