2800 38Th Ave St. Petersburg, FL 33713
- Retail properties
- 2,100 SF
Current Use by Public Records
- Pam's Roti Shop & Caribbean Market / Grocery Store / Caribbean Restaurant
Property Details for 2800 38Th Ave
- Property size
- 2,100 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a thriving 2,100 square foot Caribbean grocery store and restaurant in St. Petersburg, Florida. Located at 2800 38th Ave N, this established business boasts 11 years of operation in the same location, enjoying a loyal customer base and a reputation as the only Caribbean roti and grocery shop spanning Pinellas, Hillsborough, and Pasco counties. The property includes a beer and wine license, ample parking (20 spaces), and all furniture and fixtures (excluding one piece of personal equipment). The current lease is assumable at a very reasonable rate, offering a turnkey operation with low overhead costs. The business features a diverse product range, including a wide selection of Caribbean and American groceries, along with hot meals like doubles and dhal puri, and catering services. Its prime location offers easy access from Highway 275 and US 19, just 10 minutes from downtown St. Petersburg. This single-story building sits on a 100% occupied, net-leased property, representing a unique and highly profitable investment opportunity in a rapidly growing market. The business benefits from a strong reputation, having been voted the Best Doubles & Roti Shop in Pinellas County. This is a rare chance to acquire a well-established, successful business with significant growth potential. The property is a single building with 2,100 square feet of net rentable space.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6716
- Latitude
- 27.8064
