Colliers International is pleased to introduce an outstanding opportunity to acquire waterfront property in historic Tarpon Springs, Florida. The Property, commonly known as “The Riverside Grille” or “Pappas Restaurant” located at 10 West Dodecanese Boulevard (the “Property”), is comprised of 2 premium waterfront sites and a large parking lot providing the perfect combination for a range of uses from restaurant, hotel, retail or mixed-use developments. The existing 2-story restaurant is comprised of 50,962± gross square feet and includes a rooftop veranda and deck overlooking the Anclote River with 6 boat slips. The parking lot across the street has 196± spaces and creates revenue as off-street parking for visitors to this area.
Tarpon Springs is a tourist district made famous for it’s Greek heritage and sponge docks set along the Anclote River. Tourists come from all over the country to visit the Sponge Docks and learn more about the town’s sponge diving past through its museums and other attractions. Tarpon Springs is authentic and offers a unique feel to visitors who can still hear Greek spoken in the streets and enjoy the large amount of restaurants, diners, bakeries and markets.
Situated within the CRA “Community Redevelopment Area” for tourist oriented properties, allowable uses for this property include:
- Hotels and Lodging
- Retail establishments
- Waterfront Property
- Large Income Producing Parking Lot with 196 Spaces
- Perfect for redevelopment of hotel, mixed-use, or entertainment facility
- Contact Listing Agent for More Details!