2901 Placida Rd - Restaurant FOR SALE


Englewood, FL 34224
$999,999 USD
863-202-0439
2901 Placida Rd, Englewood, FL for Sale
$999,999 USD
Restaurant - FOR SALE
1/35
null | Request Cap Rate

NEW


2901 Placida Rd
Englewood, FL 34224


HIGHLIGHTS

  • Turnkey Restaurant & Real Estate Opportunity – Acquire the established Steamers Oyster Bar & Grill business together with the underlying real estate
  • Indoor & Outdoor Dining Concept – 1,638 SF Restaurant Building plus 1,260 SF Tiki Hut & Bar creating a highly desirable coastal dining environment
  • Large Seating Capacity – 34+ indoor dining seats, 18 indoor bar seats, 74 outdoor dining seats, and 18–24 outdoor bar seats, with potential to expand
  • Recently Renovated Property – Major renovations completed in 2021–2022, enhancing the restaurant’s functionality and customer experience
  • Prime High-Traffic Location – Located along Placida Road, the highest traffic corridor in the Grove City submarket
  • Dual Road Access – Convenient ingress/egress from Placida Road and Florida Avenue on ±0.51 acres of Commercial General (CG) zoned land

OVERVIEW

Steamers Oyster Bar & Grill presents a rare opportunity to acquire both a well-established full-service restaurant business and the underlying real estate in the growing Englewood/Grove City market. The offering includes a 4COP liquor license and all Furniture, Fixtures, and Equipment (FF&E) required to operate the restaurant, allowing a buyer to step into a fully operational turnkey concept. The restaurant business is valued at approximately $250,000, with inventory to be sold separately. Interested buyers will be required to execute a NDA in order to review the restaurant’s financial information and FF&E list. The property consists of a 1,638 SF restaurant building complemented by a ±1,260 SF outdoor Tiki Hut & Bar, located on ±0.51 acres of Commercial General (CG) zoned land. The site benefits from dual access via Placida Road and Florida Avenue—the highest traffic corridor within the Grove City submarket, providing excellent visibility and consistent customer traffic. Major renovations were completed in 2021 and 2022, creating a vibrant indoor and outdoor dining environment. The current layout accommodates approximately 34 interior dining seats (with potential to add 8+ additional seats) and 18 interior bar seats. The outdoor tiki hut area provides an additional 74 dining seats (with potential for 6+ additional seats) along with 18–24 outdoor bar seats, offering a highly desirable open-air dining experience that aligns with the area’s coastal lifestyle and strong tourism-driven restaurant demand. With its established brand presence, significant seating capacity, valuable 4COP liquor license capability, and high-visibility along the most traveled corridor in the submarket, this offering represents a compelling opportunity for restaurant operators or hospitality investors seeking to acquire a turnkey restaurant property in one of Southwest Florida’s growing coastal markets. **One or more of the owners of the subject property are Licensed Real Estate Agents in the State of Florida.**

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$611 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Steamers Oyster Bar (Business + Real Estate)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

CG

APN/PARCEL ID

412017262001

ASK ABOUT THIS PROPERTY

River WestMSC CommercialMore Info
863-202-0439

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River WestMSC CommercialMore Info
863-202-0439

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