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Established Commercial Kitchen Business
For Sale
$93,900

1484 Alt 19, Palm Harbor, FL 34683

Operating gourmet food business with cooking, refrigeration, display equipment, and catering use potential.

Property Size913 SF
Price / SF$102.85
Days on Market165

Property Features for 1484 Alt 19

General Information

Standard status Active
Size 913 SF
Property subtype Business Opportunity

Financials

Asking Price $93,900
Business Included Yes

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $10,769
Listing Agency: RE/MAX REALTEC GROUP INC
Listed By: Mark Ganier · License #201
Source: Exprealty
Added: May 4 Changed: Oct 12 Last Checked: Oct 15 at 12:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX REALTEC GROUP INC

Investment Insights

Based on property information with market context.

This business-only offering includes an operating gourmet and fine foods concept with cooking, refrigeration, and display equipment, along with assorted wares and utensils. The business has occupied the same location for 15 years and serves an established customer base. Available operations include restaurant, bakery, fine foods-to-go, and catering applications.

On-site consumption is supported, although seating is limited following expansion of the cooking and refrigeration equipment. The business is positioned within Old Palm Harbor Village Shopping Center at the southeast corner of Alternate 19 and Columbia in downtown Palm Harbor. The premises are identified at 1484 Alt 19, Palm Harbor, Florida.

Key Highlights

  • Business‑only sale with cooking, refrigeration, display equipment, wares, and utensils included
  • Same location for 15 years with an established customer base
  • Restaurant, bakery, fine foods‑to‑go, and catering applications

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,696
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$133,920 $133.9K
Cap Rate 7%
$95,657 $95.7K
Cap Rate 9%
$74,400 $74.4K
Market Conditions
NOI Build-Up for 913 SF
Gross rent
$10.1K $11.04/SF
− Vacancy
−$514 −$0.56/SF
EGI
$9.6K $10.48/SF
− OpEx
−$2.9K −$3.14/SF
NOI
$6.7K $7.33/SF
Area
Pinellas County, FL
Vacancy
5.10%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$133,920
Cap Rate 7%
$95,657
Cap Rate 9%
$74,400

Alternative Uses

Best Use
Specialty Retail
$145.0K
$126.9K – $169.1K (±1% cap)
NOI $10,148 @ 7.0% cap · market cap 10.81%
Second Best
Industrial
$95.7K
$83.7K – $111.6K (±1% cap)
NOI $6,696 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$237.5K
$207.8K – $277.1K (±1% cap)
NOI $16,623 @ 7.0% cap · market cap 17.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Commercial kitchens

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Daycare Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
15,101 visits/mo 0.4 miles
Mobil Shops & Services
6,191 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
1,981 visits/mo 0.2 miles

Demographics for 34683, FL

33,453
Population
15,686
Households
2.1
Avg Household Size
49
Median Age
43%
College-Educated
95%
High-School Grad
10.3 sq mi
ZIP Area
3,248
Density / Sq Mi
$90,037
Median Household Income
$53,330
Median Earnings
$1,655
Median Rent
$424,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Operating gourmet food business with cooking, refrigeration, display equipment, and catering use potential.
Where is this commercial kitchen located?
The property is located at 1484 Alt 19 Palm Harbor, FL.
What is the asking price?
The asking price for this property is $93,900.
What are key features of this property?
This property features: Business‑only sale with cooking, refrigeration, display equipment, wares, and utensils included; Same location for 15 years with an established customer base; Restaurant, bakery, fine foods‑to‑go, and catering applications
More about this property
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