- For Sale $3,200,000
- Property Type Retail - Restaurant
- Property Size 9,187 SF
- Lot Size 2.15 Acre
- Zoning C-2
- Year Built 1945
- Date Updated Apr 6, 2026
Description
After 87 years of continuous restaurant operation by the Palamidessi family, the City is seeking a visionary infill developer or owner/user to purchase, develop and activate this historic site for future generations. At 93,654 SF, the parcel provides a rare reuse and development opportunity, including space for a significant outdoor gathering, dining and/or entertainment feature(s) that significantly enhances the potential revenue for the tenant(s) occupying the Property.
The 2.15 acre parcel is zoned C-2 and is appropriate for various types of use including:
- Retail/Restaurant (9,187 SF of interior space with ± 1,100 SF of patio space)
- Brewery/other food related uses
- Entertainment
- Multifamily mixed-use
- Commercial zoning allows upper story residential with minimum density of 5.1 units/acre and a maximum density of 18 units/acre
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Contacts
Turton Commercial Real Estate
Turton Commercial Real Estate
Turton Commercial Real Estate