5611 US 19 - Restaurant FOR SALE


Palmetto, FL 34221- Palmetto/Ellenton
$2,500,000 USD
5611 US 19, Palmetto, FL for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

NEW


5611 US 19
Palmetto, FL 34221
Palmetto/Ellenton


HIGHLIGHTS

  • Water Front Dinning
  • On high traffic road

OVERVIEW

Located at 5611 US 19, this exceptional waterfront property—formerly known as Crab Trap I and The Sea Hut /Catcher’s Net—is now available for sale. Positioned along one of Florida’s most traveled corridors and nestled on Terra Ceia Bay, this highly visible location offers stunning water and mangrove views, creating the perfect backdrop for unforgettable sunsets and an authentic Florida dining experience. The expansive outdoor space is designed for entertainment, featuring a spacious lawn area perfect for live music and events, a charming tiki bar, and an additional floating deck overlooking the water—offering multiple revenue-generating opportunities and a vibrant guest atmosphere. The property has already undergone significant renovations and is primed for a custom buildout, allowing a new owner to bring their vision to life. Existing infrastructure includes the original hood system and grease traps, providing a valuable head start for restaurant operations. A 4COP QUOTA liquor license is available for purchase separately. A quota license allows package sales and has no food requirements… perfect for a bar or liquor store opportunity. With high traffic exposure on US 19 in a rapidly growing area, this is a rare opportunity to establish a destination business, restaurant or bar in a prime waterfront setting. Owner financing may be available for qualified buyers.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

PDMU/CH

APN/PARCEL ID

22322-0000-2

ASK ABOUT THIS PROPERTY

Lily BehrendsRE/MAXMore Info

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Lily BehrendsRE/MAXMore Info

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