1217 S Del Prado Blvd - Restaurant FOR SALE


Cape Coral, FL 33990- Hancock
$2,100,000 USD
239-945-4545
1217 S Del Prado Blvd, Cape Coral, FL for Sale
$2,100,000 USD
Restaurant - FOR SALE
1/45
null | Request Cap Rate

1217 S Del Prado Blvd
Cape Coral, FL 33990
Hancock


HIGHLIGHTS

  • SIGNALIZED 4-WAY CORNER
  • WATER VIEW WITH DOCKS
  • EXCELLENT RESTAURANT LOCATION SINCE 1995, VERY SUCCESSFUL
  • TWO BARS, ONE INSIDE WITH DINING, THE OTHER WITH OUTSIDE SEATING,AND BOATING ACCESS WITH WATER VIEWS.
  • POSSIBLE TO RAISE THE BUILDING AND BUILD A 3 STORY ELEVATORED BUILDING WITH THE ADDITION OF FUEL TANKS TO SERVICE BOATING.
  • ONE OF A KIND, WITH THE COMBINATION OF INSIDE AND OUTSIDE DINING WITH BOAT ACCESS.

OVERVIEW

A PRIME LOCATION AND A SUCCESSFUL RESTAURANT BUSINESS SINCE 1995 SEATING 150. THE PROPERTY IS AT A PIVOTAL POINT WHERE THE RESTURANT "FIRST ROUND DRAFT" VETERAN OWNED, CAN BE REOPENED AND UPGRADED, OR CAN BE RAISED AND A NEW 3 STORY BUILDING BEING ERECTED AS SHOWN ON THE ATTACTHED ELEVATIONS, BEING ONE OF A KIND IN CAPE CORAL..... IN ADDITION, FUEL UNDERGROUND TANKS, FOR THE BOAT TRAFFIC CAN ALSO BE AVAILABLE WITH THE TANKS BEING UNDER THE PARKING LOT NEAR THE EAST END OF THE PROPERTY. (ADDITIONAL INCOME STREAM) A BIG PLUS IS THE OUTSIDE SEATING/BAR AREA THAT OVER LOOKS THE DOCKS AND VEIW OF HONOLULU CANAL WITH DIRECT ACCESS EAST TO THE RIVER. VALUE PRICED FOR THE 6 LOTS IN THE RANGE OF $1,400,000 AND ABOUT $200.00 PER SQUARE FOOT FOR THE 3,500 SQ. FT. RESTARUANT, WHICH INCLUDES THE BUSINESS, AND ALL FIXTURES, FURNITURE AND EQUIPMENT. ($700,000) FEATURES: 1. 4-WAY SIGNALIZED INTERSECTION, 2. WATERFRONT VIEW. 3. TWO BARS, ONE INSIDE AND ONE OUTSIDE SEATING WITH THE VIEW OF THE DOCKS AND CANAL.4. 300 FOOT DOCK 5. AMPLE PARKING. DEMOLITION READY SITE FOR NEW CONSTRUCTION: • Proposed marine fuel cell (no fuel currently on site) • Third-party boat rental operator already drives traffic to the dock (not part of sale) • New docks in place, expanding marine access and site appeal • Zoned for restaurant/mixed-use commercial with vertical build option • Outdoor bar area overlooks the Honolulu Canal, with direct river access A PRIME WATERFRONT REDEVELOPMENT OPPORTUNITY IN CAPE CORAL Located at a signalized 4-way corner on Del Prado Blvd, the First Round Draft, VETERAN OWNED, property has served as a successful restaurant site since 1995. Now vacant, the site is positioned for a full-scale redevelopment, with a proposed 3-story, elevator-served structure and new commercial-grade marine fuel cell installation — a high-margin, underutilized waterfront revenue stream. INVESTOR TAKEAWAY: This is a rare corner-lot, waterfront development site with pre-existing infrastructure, dock frontage, and heavy boating activity. Rebuilding with an integrated fuel dock + waterfront dining concept creates a unique high-cashflow business with multi-channel marine revenue (fuel, food, boat-up traffic). ______________________________________

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

FIRST ROUND DRAFT RESTURANT FOR SALE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Convenience Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

C1-W

APN/PARCEL ID

20-44-24-C4-01270.00A0

ASK ABOUT THIS PROPERTY

Phil DeemsPhil Deems Real EstateMore Info
239-945-4545

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Phil DeemsPhil Deems Real EstateMore Info
239-945-4545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.