08/27/2022
JUST LISTED! • $2,000,000
Commercial Property
This rare investment opportunity is conveniently located at the busy intersection of Belcher and Gulf to Bay. This is an extremely high traffic part of Clearwater, close to several large neighborhoods and busy shopping centers!
The property consists of nearly a full acre of land in unincorporated Clearwater, and a newly renovated state of the art restaurant/bar.
The building features all new plumbing and electrical systems. Two 4 ton and one 5 ton air conditioning systems have been installed. There is also a new natural gas powered on-demand water heater. The building features a brand new walk-in cooler.
The building is divided into three sections. The first is an air-conditioned bar and table seating area, with table seating for 40 and bar seating for 22. The second section is an open-air bar and table seating area with table seating for 28 and bar seating for 22. The third section is an open-air entertainment area that is perfect for live music, games, and more. The third section features seven 10ft loading dock doors and a truck loading bay.
There are currently 29 parking spaces on the property. The property is connected to electric, sewer, and water. As this is unincorporated Clearwater, you are free to choose your own garbage and recycling service providers.
Asking $1,600,000 for the property, excluding all fixtures. The seller is also interested in selling the business, which qualifies for an SRX license.
Asking $2,000,000 if purchasing with the business. If purchasing the business: furnishings, fixtures and restaurant systems will be included in the transaction.
Owner willing to consider a leaseback to run the restaurant after the sale of the property, bringing instant rental income to the new investor.
https://tinyurl.com/301SBelcher