Turn-Key Italian Restaurant
2570 GULF TO BAY BOULEVARD Clearwater, FL 33765
2570 GULF TO BAY BOULEVARD, Clearwater, FL, 33765
$250,000
For Sale
$250,000
Fully equipped Italian restaurant for sale in Clearwater.
Property Size1,344 SF
Price / SF$186.01
Days on Market244
Property Features for 2570 GULF TO BAY BOULEVARD
General Information
- Standard status
- Active
- Size
- 1,344 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1964
Listing Agency
ASSET AND KEY
(727) 366-2606
Listed by
ANDREA POLIZZI · License #3572970
Source
Corcoran
Added: Nov 14, 2025 Checked: Jul 16 at 7:01 am
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 ASSET AND KEY
Investment Insights
Based on property information with market context.
A 1,344 square foot, fully equipped Italian restaurant is available for purchase in Clearwater. The business-only sale offers a turn-key opportunity in a location with high visibility and strong traffic flow. The property benefits from convenient access for local residents and tourists.
Key Highlights
- Turn‑key Italian restaurant - business only.
- Fully equipped 1,344 sq ft restaurant.
- High visibility location.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.8k | $19.20 |
| − Vacancy | −$1.2k | −$0.86 |
| EGI | $24.6k | $18.34 |
| − OpEx | −$6.2k | −$4.58 |
| NOI | $18.5k | $13.75 |
1,344 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$264.0K
$231.0K – $308.1K
NOI $18,483 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.1K
$329.9K – $439.9K
NOI $26,395 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Green Market Cafe
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Fully equipped Italian restaurant for sale in Clearwater.
Where is this conventional restaurant located?
The property is located at 2570 GULF TO BAY BOULEVARD Clearwater, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turn‑key Italian restaurant - business only.; Fully equipped 1,344 sq ft restaurant.; High visibility location.