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Dunkin Donuts 1200 Pasadena Ave S 2,480 SF Retail Building South Pasadena, FL 33707 $1,866,172 CAD ($752.49 CAD/SF)



Investment Highlights
- Prime QSR opportunity. 3,276 SF gross / 2,480 SF heated former Dunkin’ Donuts (2004-2024) that had seating for 22
- Property retains the essential food-service systems and is well-suited for another quick-service or fast-casual concept
- New HVAC unit installed in 2016, new water heater 2026, pylon signage, and 32 parking spaces including two ADA-compliant spots
- Drive-thru window, commercial exhaust hood (EF-1 fan system, 500 CFM), 7’ x 7’ walk-in cooler, 7’ x 14’ walk-in freezer, underground grease trap
- 796 SF outdoor canopy-covered dining area, two restrooms, a dedicated office, and pre-wired for security cameras
- Permitted uses include general retail, professional and medical offices, personal services, commercial recreation
Executive Summary
Bridgewater Commercial Real Estate is pleased to offer this prime restaurant opportunity priced at $1,350,000 or for lease at $29 PSF NNN. The 3,276 SF gross / 2,480 SF heated former Dunkin’ Donuts is situated on a 0.62-acre parcel with 142.75 feet of prime frontage along Pasadena Avenue and a 2025 traffic count of 23,500 vehicles per day. Originally built in 1972 and substantially remodeled in 2013, the property offers a solid foundation for a new restaurant.
The building retains all major food-service infrastructure from its prior use as a Dunkin’ Donuts from 2004-2025. It includes a drive-thru window with dedicated stacking lane, commercial exhaust hood (EF-1 fan system, 500 CFM) still in place, a 7’ x 7’ walk-in cooler, a 7’ x 14’ walk-in freezer, and an underground grease trap. Additional features include a 796 SF outdoor canopy-covered dining area, indoor seating capacity for a minimum of 22 guests, two restrooms, a dedicated office, and pre-wiring for indoor security cameras.
The property also benefits from a new HVAC unit installed in 2016, a new water heater installed in 2026, pylon signage, and 32 parking spaces including two ADA-compliant spots. Zoned Commercial General (CG) in the City of South Pasadena with a FAR of 0.5 – 0.65, the site has City of St. Petersburg water and sewer service.
Although currently vacant and empty of smaller equipment such as ovens or fryers, this property retains the essential food-service systems and is well-suited for another quick-service or fast-casual concept, coffee/donut shop, or other drive-thru uses. The flexible CG zoning also supports a wide range of alternative permitted uses including general retail, professional and medical offices, personal services, convenience stores, commercial recreation, and medical marijuana retail (subject to state licensing and local approvals).
The Commercial General (CG) zoning district in South Pasadena, Florida, provides for general retail, specialized commercial, office, and institutional uses.
Permitted Uses: Adult uses which qualify for an adult use permit pursuant to the provisions of Chapter 147, Adult Use, of this code
Air-conditioned self storage, which complies with the criteria set forth in § 130-35
Antique stores
Bakeries selling retail on premises
Barbershops and beauty salons
Bars/restaurants
Billiard hall
Bowling alleys
Brokerage houses
Car and truck wash
Convenience store
Day-care centers
Department stores
Drugstores
Financial institutions
Florist
Food stores
Funeral homes
Furniture stores
Gift stores
Gymnasiums
Hardware stores
Ice cream parlors/yogurt
Health clubs/licensed massage therapists
Laundry and dry-cleaning pickup facilities
Liquor stores
Medical laboratory
Miniature-golf courses
Movie theaters (indoor)
Newspaper publishing
Novelty stores
Office uses of all types, including but not limited to accountants, architects, attorneys, dentists, engineers, physicians and like professions, as well as corporate business offices
Office reproduction services
Pawnshops/check cashing
Pet shops and grooming
Pharmacies
Plant nurseries
Photographic supplies and studios
Printers
Real estate offices
Repair shops, furniture
Retail drapery/blind manufacturing
Retail fruit packaging and juicing
Restaurants
Shoe repair
Shoe stores[1]
Specialty shops: men's, women's, children's apparel
Sporting goods store
Stationery, books
Studio schools; art, dance, music, crafts and like instruction
Supermarkets
Tailors
Telecommunication towers and antennas which meet the requirements set forth in § 130-36
Travel agencies
Television and appliance stores, sales and service
Traffic infraction detection equipment
Upholstery shop and repairs
Veterinary services
Video rental stores
Uses requiring a special exception use permit:
[Amended 10-12-2004 by Ord. No. 2004-08; 7-1-2011 by Ord. No. 2011-07; 12-10-2013 by Ord. No. 2013-05]
Amusement facilities
Automotive repair facilities
Gas and service stations
Hotels, motels, motor inns and interval-ownership apartments
Marina and marine repair facilities
Outdoor storage, such as garden supplies and plant nurseries
Outdoor storage of building materials
Outdoor storage of nonsalable items only
Shopping centers containing more than 50,000 square feet under roof
Teen social clubs
Vehicle dealership/agency, minimum lot size 40,000 square feet for any operation; must provide a showroom
Vehicles for hire
Watercraft rental or watercraft clubs
Any use permitted in the CG Zoning District with a land use designation "Institutional-Public," except that said use shall be restricted to 5 acres or less
Commercial General/Institutional. The following list of permitted uses applies only to property in the Commercial General Zoning District which is designated on the City's Future Land Use Map as "Institutional." No building or structure shall be erected, altered or used, nor shall any land or water use be permitted, except for one or more of the following:
(1)
Permitted uses:
[Amended 1-14-1997 by Ord. No. 96-19; 3-10-2008 by Ord. No. 2008-01; 5-11-2010 by Ord. No. 2010-02]
Churches, synagogues and other places of worship
Convenient-care clinics
Hospitals
Medical offices including day surgery facilities
Nursing homes
The building retains all major food-service infrastructure from its prior use as a Dunkin’ Donuts from 2004-2025. It includes a drive-thru window with dedicated stacking lane, commercial exhaust hood (EF-1 fan system, 500 CFM) still in place, a 7’ x 7’ walk-in cooler, a 7’ x 14’ walk-in freezer, and an underground grease trap. Additional features include a 796 SF outdoor canopy-covered dining area, indoor seating capacity for a minimum of 22 guests, two restrooms, a dedicated office, and pre-wiring for indoor security cameras.
The property also benefits from a new HVAC unit installed in 2016, a new water heater installed in 2026, pylon signage, and 32 parking spaces including two ADA-compliant spots. Zoned Commercial General (CG) in the City of South Pasadena with a FAR of 0.5 – 0.65, the site has City of St. Petersburg water and sewer service.
Although currently vacant and empty of smaller equipment such as ovens or fryers, this property retains the essential food-service systems and is well-suited for another quick-service or fast-casual concept, coffee/donut shop, or other drive-thru uses. The flexible CG zoning also supports a wide range of alternative permitted uses including general retail, professional and medical offices, personal services, convenience stores, commercial recreation, and medical marijuana retail (subject to state licensing and local approvals).
The Commercial General (CG) zoning district in South Pasadena, Florida, provides for general retail, specialized commercial, office, and institutional uses.
Permitted Uses: Adult uses which qualify for an adult use permit pursuant to the provisions of Chapter 147, Adult Use, of this code
Air-conditioned self storage, which complies with the criteria set forth in § 130-35
Antique stores
Bakeries selling retail on premises
Barbershops and beauty salons
Bars/restaurants
Billiard hall
Bowling alleys
Brokerage houses
Car and truck wash
Convenience store
Day-care centers
Department stores
Drugstores
Financial institutions
Florist
Food stores
Funeral homes
Furniture stores
Gift stores
Gymnasiums
Hardware stores
Ice cream parlors/yogurt
Health clubs/licensed massage therapists
Laundry and dry-cleaning pickup facilities
Liquor stores
Medical laboratory
Miniature-golf courses
Movie theaters (indoor)
Newspaper publishing
Novelty stores
Office uses of all types, including but not limited to accountants, architects, attorneys, dentists, engineers, physicians and like professions, as well as corporate business offices
Office reproduction services
Pawnshops/check cashing
Pet shops and grooming
Pharmacies
Plant nurseries
Photographic supplies and studios
Printers
Real estate offices
Repair shops, furniture
Retail drapery/blind manufacturing
Retail fruit packaging and juicing
Restaurants
Shoe repair
Shoe stores[1]
Specialty shops: men's, women's, children's apparel
Sporting goods store
Stationery, books
Studio schools; art, dance, music, crafts and like instruction
Supermarkets
Tailors
Telecommunication towers and antennas which meet the requirements set forth in § 130-36
Travel agencies
Television and appliance stores, sales and service
Traffic infraction detection equipment
Upholstery shop and repairs
Veterinary services
Video rental stores
Uses requiring a special exception use permit:
[Amended 10-12-2004 by Ord. No. 2004-08; 7-1-2011 by Ord. No. 2011-07; 12-10-2013 by Ord. No. 2013-05]
Amusement facilities
Automotive repair facilities
Gas and service stations
Hotels, motels, motor inns and interval-ownership apartments
Marina and marine repair facilities
Outdoor storage, such as garden supplies and plant nurseries
Outdoor storage of building materials
Outdoor storage of nonsalable items only
Shopping centers containing more than 50,000 square feet under roof
Teen social clubs
Vehicle dealership/agency, minimum lot size 40,000 square feet for any operation; must provide a showroom
Vehicles for hire
Watercraft rental or watercraft clubs
Any use permitted in the CG Zoning District with a land use designation "Institutional-Public," except that said use shall be restricted to 5 acres or less
Commercial General/Institutional. The following list of permitted uses applies only to property in the Commercial General Zoning District which is designated on the City's Future Land Use Map as "Institutional." No building or structure shall be erected, altered or used, nor shall any land or water use be permitted, except for one or more of the following:
(1)
Permitted uses:
[Amended 1-14-1997 by Ord. No. 96-19; 3-10-2008 by Ord. No. 2008-01; 5-11-2010 by Ord. No. 2010-02]
Churches, synagogues and other places of worship
Convenient-care clinics
Hospitals
Medical offices including day surgery facilities
Nursing homes
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,480 SF
Building Class
B
Year Built/Renovated
1972/2013
Price
$1,866,172 CAD
Price Per SF
$752.49 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.63 AC
Zoning
CG, South Pasadena - The Commercial General (CG) zoning district in South Pasadena, Florida, provides for general retail, specialized commercial, office, and institutional
Parking
32 Spaces (12.9 Spaces per 1,000 SF Leased)
Frontage
142’ on Pasadena Avenue South
Amenities
- 24 Hour Access
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dunkin Donuts
- Accommodation and Food Services
- 2,480 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dunkin Donuts | Accommodation and Food Services | 2,480 SF | - | Triple Net | - |
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-31-16-00000-130-0500 | Improvements Assessment | $412,212 CAD |
| Land Assessment | $757,327 CAD | Total Assessment | $1,169,539 CAD |
Property Taxes
Parcel Number
30-31-16-00000-130-0500
Land Assessment
$757,327 CAD
Improvements Assessment
$412,212 CAD
Total Assessment
$1,169,539 CAD
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Dunkin Donuts | 1200 Pasadena Ave S
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