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Property profile & analytics
OFF-MARKET
Restaurants

3118 3Rd Ave St. Petersburg, FL 33713

2,275 SF 2275 ac lot
Property ID
Property summary
AI-generated overview

This exceptional turn-key restaurant opportunity is located in the thriving Shoppes of Kenwood Plaza in St. Petersburg, Florida. The 2,275 square foot space is situated in a high-traffic area, benefiting from its position within a diverse and successful commercial plaza. Current tenants include a salon, dance studio, nail salon, sub shop, and wine lounge, creating a vibrant and complementary mix of businesses. The building itself is constructed of solid concrete and is located in an X flood zone, eliminating evacuation concerns. The restaurant enjoys ample on-site parking, supplemented by convenient street parking and overflow parking secured through an agreement with a nearby post office. This prime location serves the North Kenwood, Kenwood, Grand Central, and Central Oak neighborhoods, providing a strong customer base. Furthermore, the proximity to over 600 apartment and condo units ensures a consistent flow of potential customers. The property is zoned CCS-2 and sits on 2.275 acres of land in Pinellas County. Previously home to Georgie's Alibi, this meticulously remodeled space, designed by a local St. Pete architect, is ready for immediate occupancy. Its walkable location from nearby residential areas adds to its appeal, making it an ideal investment for a discerning restaurateur. This is a rare opportunity to acquire a fully operational restaurant in a highly desirable and established commercial center.

Property profile
Verified
Property type Restaurants
Total area 2,275 SF
Lot 2275 ac (99,099,000 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bonu Taverna Restaurant
  • Cider Press Vegan GastroPub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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