1575 Ft Harrison Ave Clearwater, FL 33756-2004
Property summary
This exceptional Clearwater restaurant presents a unique investment opportunity. The 3,371 square foot, free-standing building sits on a 0.45-acre lot at 1575 S Ft Harrison Ave, in the highly desirable 33756 zip code. Built in 1984, this single-tenant property boasts 100% occupancy with a current NNN lease in place for five years, plus two five-year options, featuring a 3% annual rent increase. The restaurant, a renowned establishment serving Mediterranean and American cuisine, including artisan pasta and seafood, also features a full-service bar. Its elegant interior design creates a warm and inviting ambiance. The property's prime location, near affluent communities and the Pelican Club, ensures high visibility and consistent clientele. The asking price of $1,600,000 ($420.83/sq ft) includes the real estate, business license, and equipment. This turnkey operation offers significant income potential and a strong reputation within the Tampa Bay area. The property's total square footage is 3,802, with a separate private dining room. This is a rare opportunity to acquire a thriving, award-winning restaurant in a prime Clearwater location.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
-
Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.