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Places This Week: Sprouts-anchored plaza, brewery list

Veronica Brezina

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Clearwater Brewing Company's site. Image: Loopnet/FHR Commercial Realty.

A weekly roundup of local real estate deals. 

 

New Sprouts-anchored plaza lists 

Berkley Capital Advisors has listed the Sprouts Farmers Market-anchored shopping plaza in Kenneth City for sale. 

The other two tenants in the plaza at 4501 66th St. N. are decor store At Home and retailer Five Below.

The plaza at 4501 66th St. N., Kenneth City. Image: Berkley Capital Advisors.

Sprouts opened at the 23,256-square-foot center last week.

The asking price for the entire center is roughly $8.9 million, which breaks down to $383 per square foot, according to the listing. 

The 2.55-acre property has 442 parking spaces.

 

Clearwater Brewing Company closes shop 

Clearwater Brewing Company, which operated at 1700 N. Fort Harrison Ave., has abruptly shut its doors. 

“It is with great sadness that we announce that we are closing Clearwater Brewing Company effective immediately,” the brewery owners announced Thursday on Facebook. “We thank all of our customers, staff, and the City of Clearwater for your patronage and support over the last few years.”

Although the owners did not disclose the reason for the closure, the freestanding brewery is listed for sale with an asking price of $825,000. 

Clearwater Brewing Company’s site. Image: Loopnet/FHR Commercial Realty. 

The 1,736-square-foot shop, which is 600 feet from Gulf of Mexico, has an indoor and outdoor space that can accommodate 50 seats. The building, constructed in 1958, was originally a gas station when the current owners purchased it in 2017 for $180,000, according to property records. 

“This is an exciting opportunity to own a neighborhood favorite craft brewery, known for its exceptional brews and vibrant atmosphere,” a Loopnet listing read. “New owners can explore opportunities such as increasing adding local distribution, expanding the product line, and tapping into the thriving craft beer festival circuit.” 

Eric Perkins with FHR Commercial Realty is the listing agent. 

 

Victorian-style office building sells 

Bayridge Investments has sold its 5,303-square-foot St. Petersburg office building in a $1.225 million deal. 

SMG Accountants, Bookkeepers and Advisors purchased the property at 646 94th Ave. N. 

SMG ABA specializes in real estate, hospitality health care, automotive, manufacturing and other industry sectors. 

The building at 646 94th Ave. N., St. Petersburg. GoogleMaps.

The Groelle and Salmon law firm is currently based in the building. The group, which has a primary focus on practicing insurance and commercial litigation, has several other offices in the state. 

The three-story structure was built in 2002 and has been renovated many times, according to a Loopnet listing. 

 

Motel sells 

The Sands Point Motel at Clearwater Beach has a new owner. 

Sands Point Resort LLC sold the motel at 433 Coronado Drive to Ontario-based Obsidian Group, which manages hospitality and real estate properties. 

The Sands Point Motel. Facebook image.

The group purchased the 5,549-square-foot motel in a roughly $1.65 million deal. 

The 12-unit motel was constructed in 1954. Its amenities include a pool and laundry facility. 

The Obsidian Group Inc. also recently purchased 20-plus lots in the Townhomes at Creek Park development.  

 

Beach house sells 

The home nicknamed “The Hidden Pearl” built on the sands of Pass-a-Grille Beach has sold. 

The 4,354-square-foot estate at 2910 Sunset Way sold in a $6.25 million deal to the Ryo Land Company of Florida LLC. 

The estate at 2910 Sunset Way, St. Pete Beach. Realtor.com.

The five-bedroom home, constructed in 1952, has a coastal design throughout. 

A spiral staircase leads to a studio with a wet bar and a private balcony. 

The property has an outdoor entertainment area with a heated pool and spill over spa. 

The property last sold in 2002 for $1.5 million. 

Melinda Pletcher with Smith and Associates Real Estate represented the seller. 

3 Comments

3 Comments

  1. Avatar

    Richmond H Estes

    August 27, 2023at6:01 am

    “600 feet from the Gulf” is one of those things that you know is incorrect as soon as you read it. It is somewhat close to the water of the intercoastal, the Gulf is across the bridge.

  2. Avatar

    Matt S

    August 25, 2023at1:54 pm

    Just clarification… Looks like the Sprouts is for sale not the entire center.

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