Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pizzeria And Italian Restaurant For Sale In Clearwater Florida Clearwater, FL 33765
    Back to Search
    Property profile & analytics

    Pizzeria And Italian Restaurant For Sale In Clearwater Florida Clearwater, FL 33765

    View on Map
    • Retail properties & Spaces
    • 2,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Pizzeria And Italian Restaurant For Sale In Clearwater Florida

    Year built
    2014
    Property size
    2,500 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This thriving Italian pizzeria and restaurant in Clearwater, Florida, presents a unique opportunity for a savvy investor or experienced restaurateur. Established in 2014, this 2,500-square-foot restaurant boasts a strong reputation and loyal customer base, generating over $500,000 in gross revenue. The business is an asset sale, not a franchise, and includes a fully equipped commercial kitchen featuring three pizza ovens, a six-burner gas stove with oven, ample refrigeration (including two reach-in freezers and refrigerators), prep tables, and all necessary equipment for continued operation. The inviting dining area comfortably seats 64 patrons, including booths and a semi-private area for larger parties. The lease, currently at $2,000 per month, extends until December 31, 2025. The restaurant also benefits from a beer and wine license, further enhancing its profitability. The seller is retiring, providing a seamless transition for a new owner. This turn-key operation is situated in a high-traffic area near schools and businesses, offering excellent visibility and growth potential. The sale includes all existing equipment and fixtures. The business has four employees. This is a rare chance to acquire a well-established, profitable restaurant in a prime Clearwater location. The asking price is $99,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7428
    Latitude
    27.9765

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      Latin Cafe For Sale In Clearwater Florida

      Restaurants • 1,800 SF
      0 Latin Cafe For Sale In Clearwater Florida, Clearwater, FL 33765
      View Details
    • Value Estimation by Request
      2,138 SF

      2380 Coachman Rd

      NURSERY, GREENHOUSE, FLORIST • 2,138 SF
      2380 Coachman Rd, Clearwater, FL 33765-2216
      View Details
    • Value Estimation by Request
      267,819 SF

      19 & Sunset Pt Rd

      Retail properties & Spaces • 267,819 SF
      19 & Sunset Pt Rd, Clearwater, FL 33765
      View Details
    • Value Estimation
      $1,670,000
      4,424 SF

      22996 Us Hwy 19th N

      RESTAURANT • 4,424 SF
      22996 Us Hwy 19th N, Clearwater, FL 33765-1863
      View Details
    • Value Estimation
      $1,745,000
      3,175 SF

      23904 Us Hwy 19th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,175 SF
      23904 Us Hwy 19th N, Clearwater, FL 33765-1563
      View Details
    • Value Estimation
      $2,155,000
      3,434 SF

      2551 Gulf To Bay Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,434 SF
      2551 Gulf To Bay Blvd, Clearwater, FL 33765-4433
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space on Gulf to Bay

      Retail property available for lease or sale on Gulf to Bay.
      1849 Gulf To Bay Blvd, Clearwater, FL 33765
      View Details
    • $250,000

      Turn-Key Italian Restaurant Opportunity

      Fully equipped Italian restaurant for sale in Clearwater.
      2570 Gulf To Bay Blvd, Clearwater, FL 33765
      View Details
    • Contact for pricing
      3,796 SF

      Turn-Key Medical Office Space

      Move-in ready medical office in prime Pinellas County location.
      2346 Drew St, Clearwater, FL 33765
      View Details
    • Contact for pricing
      25,555 SF

      Clearwater Self-Storage and Industrial Opportunity

      Cash-flowing self-storage facility with potential for increased revenue.
      2166 Drew St, Clearwater, FL 33765
      View Details
    • $3,950,000
      Pending

      Renovated Clearwater Office Building

      Fully renovated, tenant-occupied office building in Clearwater, Florida.
      101 N Starcrest Dr, Clearwater, FL 33765
      View Details
    • $795,000
      5,930 SF

      Office Building For Sale

      Office building with flexible space and existing tenant.
      2139 NE Coachman Rd, Clearwater, FL 33765
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space at Busy Intersection

      Retail space for rent at a high-traffic Clearwater intersection.
      23666 Us Highway 19 N, Clearwater, FL 33765
      View Details
    • Contact for pricing

      Clearwater Retail Space For Lease

      40,000 SF retail space with high traffic visibility.
      2130 Gulf To Bay Blvd, Clearwater, FL 33765
      View Details
    • $2,063 /Mo
      2,063 SF

      Restaurant Space with Drive-Through

      Second-generation restaurant space with drive-through on prominent retail corridor.
      1920 Gulf To Bay Blvd, Clearwater, FL 33765
      View Details
    • Contact for pricing
      2,062 SF

      Retail Space on US 19

      Retail space available in Clearwater's busy shopping destination.
      23894 Us Highway 19 N, Clearwater, FL 33765
      View Details
    • Contact for pricing
      6,500 SF

      Freestanding Building on Gulf to Bay

      6,500 SF retail building on Clearwater's Gulf to Bay.
      2472 Gulf To Bay Blvd, Clearwater, FL 33765
      View Details
    • Contact for pricing
      56,600 SF

      US 19 Power Center

      Retail opportunity in Clearwater with high traffic and ample parking.
      21311 N Us Highway 19, Clearwater, FL 33765
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Pizzeria And Italian Restaurant For Sale In Clearwater Florida
    Clearwater, FL 33765
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Pizzeria And Italian Restaurant For Sale In Clearwater Florida, Clearwater, FL, 33765
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!