OWNER FINANCING AVAILABLE
Best Location in Downtown St. Pete – Fully Remodeled 2023
A rare chance to own a 250+ seat restaurant and lounge in the heart of Downtown St. Pete’s most iconic corridor — Central Avenue. This turnkey space has been completely remodeled in 2023, offering a modern buildout, updated equipment, and a layout that’s ready for both dining and nightlife.
Located directly across from a brand-new 300-unit luxury high-rise, the business is perfectly positioned for explosive growth. With high visibility, strong day-to-night foot traffic, and Central Ave frontage, this is one of the most desirable restaurant locations in the city.
Highlights:
5,790 SF + outdoor seating for 50
Total capacity: ~250+ guests (not including outside)
4COP SRX liquor license (full liquor, beer & wine; no food % requirement)
Two-story layout: lounge/bar + main dining
Full kitchen & modern infrastructure
Stage + entertainment ready space for live music, DJs, brunches, and events
Turnkey and move-in ready
Why This Opportunity Stands Out:
Unbeatable Location – Central Ave frontage in the heart of St. Pete’s dining & nightlife district
Built-In Growth – Across from 300 new luxury apartments with high disposable income
Upside Potential – Expand hours, add entertainment programming, or reposition concept for higher profitability
Fully Remodeled – No additional investment needed — start operating immediately
Owner Financing Available – Flexible deal structure for the right buyer
Perfect For:
Upscale restaurants • High-volume casual • Cocktail lounges • Event-driven concepts • Multi-unit operators expanding in Florida
This is more than a restaurant — it’s a flagship opportunity in one of Florida’s fastest-growing urban markets.
Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker
Michael Adamo is a third-generation Restaurateur, having owned and operated some of the most well-acclaimed restaurants in their perspective areas for over 31 years. Now as a Business Broker specializing in the Food and Beverage Sector and having proudly completed many of the most notable transactions, his insight and astute knowledge is sought after by some of the Top Restaurant Groups in the Bay Area. Whether if it's your first venture or if you're a multi-unit operator Black Book Advisers is here to share their knowledge and insight of the marketplace and see you successfully through your choice of Transaction, Buying or Selling.
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, we will call you to discuss the business opportunity in greater detail before releasing confidential financial information.
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
Ad#:2380679
Ad#:2420733
