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Restaurant Property with Parking Lot
New
For Sale
$2,500,000

498 ATHENS STREET, Tarpon Springs, FL 34689

The sale combines a Japanese sushi restaurant business with its restaurant premises and a separately addressed concrete parking area.

Property Size2,800 SF
Price / SF$892.86
Days on Market3

Property Features for 498 ATHENS STREET

General Information

Standard status Active
Size 2,800 SF
Property subtype Restaurant

Financials

Asking Price $2,500,000
Business Included Yes

Building Details

Year Built 1978
Year Renovated 2022
Listing Agency: CENTURY 21 COASTAL ALLIANCE
Listed By: Qi Mai Mai · License #3264401
Source: Dennisrealty
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 4 at 1:56PM

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 CENTURY 21 COASTAL ALLIANCE

Rey
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Investment Insights

Based on property information with market context.

This restaurant offering includes a 2,800-square-foot property built in 1978 and the Oishi Japanese Sushi Restaurant business. The premises received improvements in 2022, including work to the HVAC, electrical, plumbing, and interior facilities.

The package also includes a separate parking lot at 13 Mill Street, improved with a concrete parking area. The restaurant property is located at 498 Athens Street. The business and real estate are offered together.

Key Highlights

  • Restaurant property totals 2,800 square feet
  • Oishi Japanese Sushi Restaurant business is included with the real estate
  • Separate parking lot at 13 Mill Street has a concrete parking area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Oishi Sushi Hibachi ... Restaurant

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Parking Lot & Garage Grocery & Convenience Store Carpet & Flooring Store

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

1,141
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34689, FL

27,436
Population
14,193
Households
1.9
Avg Household Size
53
Median Age
32%
College-Educated
93%
High-School Grad
10.6 sq mi
ZIP Area
2,588
Density / Sq Mi
$66,523
Median Household Income
$45,294
Median Earnings
$1,207
Median Rent
$311,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale combines a Japanese sushi restaurant business with its restaurant premises and a separately addressed concrete parking area.
Where is this conventional restaurant located?
The property is located at 498 ATHENS STREET Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Restaurant property totals 2,800 square feet; Oishi Japanese Sushi Restaurant business is included with the real estate; Separate parking lot at 13 Mill Street has a concrete parking area
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