811 DR MARTIN LUTHER KING JR STREET S ST PETERSBURG FL 33705 MLS #U8192235

811 DR MARTIN LUTHER KING JR STREET S
ST PETERSBURG, FL, 33705
$1,299,000
Beds
0 Baths
766 SqFt
0.4 Acres
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KW Commercial proudly presents this high income producing turnkey popular take out restaurant in Downtown, St. Petersburg. Perfect property for an owner/user or an investor with a vision to construct a new building structure. The property is ideally located across the street from exclusive million dollar homes of Historic Roser Park. The restaurant sits on .40 acres. Well over 16 parking spaces. All business equipment freezers , coolers, fryers, shelves, stoves, cash register conveys with the sale of the property. Cash on cash return on this investment property is within 3 years if ran as a Chinese and wings restaurant business. Redevelopment is sprawling all over South St. Petersburg. Don’t lose out, get your share today!

Property Details

Price:
$1,299,000
MLS #:
U8192235
Status:
Active
Beds:
0
Baths:
0
Address:
811 DR MARTIN LUTHER KING JR STREET S
Type:
Commercial
Subtype:
Retail
Subdivision:
GROVE HEIGHTS REV
City:
ST PETERSBURG
Listed Date:
Mar 16, 2023
State:
FL
Finished Sq Ft:
766
ZIP:
33705
Lot Size:
17,290 sqft / 0.40 acres (approx)
Year Built:
1970
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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Block, Brick
Parking Features
6 to 12 Spaces
Roof
Shingle

Financial

Buyer Agent Compensation
3%-$395%
Tax Year
2022
Taxes
$2,346

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Community

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811 DR MARTIN LUTHER KING JR STREET S
ST PETERSBURG, FL