2396 N Country Road 470 - Retail FOR SALE


Lake Panasoffkee, FL 33538
$1,200,000 USD
352-205-1883
2396 N Country Road 470, Lake Panasoffkee, FL for Sale
$1,200,000 USD
Retail - FOR SALE
1/45
null | Request Cap Rate

2396 N Country Road 470
Lake Panasoffkee, FL 33538


HIGHLIGHTS

  • 3,784+/- SF Restaurant & Bar with a 35-year history of success
  • Turn-key, ALL F, F & E is included
  • Site is an assemblage of 4 parcels, totaling 1.73+/- acres.
  • Zoned Sumter County CH, Heavy Commercial
  • Please do not disturb business or discuss sale with staff
  • Shown by appointment only - Financial info available with a signed CA

OVERVIEW

Wonderful Offering!! Local Iconic 3,784+/- SF Restaurant & Bar with a 35-year history of proven success. Turn-key, ALL F, F & E is included. Inventory list attached. Property has 400’+/- Ft of Hwy frontage with superior visibility and easy access. The restaurant is two adjoining buildings totaling 3,784+/- SF. Site is an assemblage of 4 parcels, totaling 1.73+/- acres. Zoned Sumter County CH, heavy commercial. This highly desirable zoning includes many other potential uses including professional office, medical, or retail. This Central Florida location is minutes off I-75 and The Villages and less than an hour from Orlando, Ocala or Tampa. The Villages with over 150,000+ residents and still growing is the largest single site golf community in the United States bringing opportunities and growth to local established businesses in a blending of old and new. The restaurants small community is famous for Lake Panasoffkee and great fishing. Home to many tournaments Lake Panasoffkee ("Valley of Water") is a beautiful spring fed lake covering almost 4,460+/- acres offering year-round fishing and activities. Known for good food, good people, music and corn hole tournaments plus potential development opportunities make this property a “win-win” for an experienced restaurant owner or redevelopment. Do not disturb this operating business or question its employees. Sale is confidential. Financial data is available with an executed CA / Confidentiality Agreement. Shown by appointment only with listing agent. Wall décor and memorabilia does not convey. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. We have the keys to your opportunity in the sunshine state!!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Income Successful Restaurant & Bar w/ FF&E

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

CH

APN/PARCEL ID

F32-017, F32-016, F32-018, F32-019

ASK ABOUT THIS PROPERTY

Mona JodrayGrizzard Commercial Real Estate Group, LLCMore Info
352-205-1883

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Mona JodrayGrizzard Commercial Real Estate Group, LLCMore Info
352-205-1883

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