5600 66TH ST N St Petersburg, FL 33709
1,846 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 1,846 sqft
Price per Sqft $476
Subdivision Hiland Square Add
MLS Listing ID TB8515069
Construction Status Completed
HOA Y/N No
Year Built 1983
Annual Tax Amount $12,261
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 120x183
Property Sub-Type Restaurant
Source Stellar MLS
Property Description
Situated on approximately 0.50 acres, the property features a 1,816± SF restaurant building with a grandfathered drive-thru, approximately 15 parking spaces, and convenient ingress and egress from both 66th Street North and 56th Avenue North. A new roof was installed in 2023, reducing near-term capital improvement costs. The sale also includes all restaurant equipment owned by the Seller.
This property offers an excellent opportunity for investors seeking stable income today with long-term upside. Upon lease expiration, the site provides flexibility for an owner-user, local or regional restaurant operator, redevelopment project, or Build-to-Suit opportunity, subject to applicable approvals. The existing grandfathered drive-thru is a valuable feature that is increasingly difficult to obtain through new development.
Located within one of Pinellas County's most established commercial corridors, the property is surrounded by a strong mix of national and regional retailers, restaurants, medical offices, and dense residential neighborhoods, providing excellent visibility and a consistent customer base. Nearby businesses include Publix, Walmart Neighborhood Market, CVS, Walgreens, McDonald's, Burger King, Taco Bell, Wendy's, and numerous local businesses. The central location offers convenient access to Tyrone, Kenneth City, Lealman, Pinellas Park, downtown St. Petersburg, and the Gulf Beaches.
Whether you're looking for a stabilized investment with immediate income or a property offering future redevelopment potential, this asset combines a strong location, existing cash flow, a grandfathered drive-thru, and long-term value in one of St. Petersburg's most active commercial corridors.
Location
State FL
County Pinellas
Community Hiland Square Add
Area 33709 - St Pete/Kenneth City
Zoning C-2
Direction N
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Exterior
Utilities Available Public, Water Connected
Building
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Acceptable Financing Cash, Small Business Administration
Listing Terms Cash, Small Business Administration
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8515069
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