987 S Packinghouse Rd - Restaurant FOR SALE


Sarasota, FL 34232- North Sarasota
$1,595,000 USD
941-923-0535
987 S Packinghouse Rd, Sarasota, FL for Sale
$1,595,000 USD
Restaurant - FOR SALE
1/27
null | Request Cap Rate

987 S Packinghouse Rd
Sarasota, FL 34232
North Sarasota


HIGHLIGHTS

  • ±2,015 SF restaurant (±4,878 SF gross)
  • Qualifies for 4COP SFS Full Liquor License
  • Turn Key operation
  • Full commercial kitchen with hood system and grease trap
  • Covered outdoor event and gathering space + stage area for live entertainment
  • Flexible opportunity for owner-users, investors, or restaurant operators

OVERVIEW

American Property Group of Sarasota, Inc. presents 987 S Packinghouse Rd, Sarasota, FL Property Type: Restaurant Real Estate for Sale Property Size: ±2,015 SF (±4,878 SF Gross Area) Lot Size: ±27,285 SF Rare opportunity to acquire a freestanding restaurant property in Sarasota with a long history as a popular dining destination. Situated on a ±27,285 SF parcel just off Fruitville Road, the property offers excellent accessibility, ample on-site parking, and a distinctive Old Florida atmosphere. The building is configured for restaurant use and features indoor dining areas, covered outdoor seating, a full commercial kitchen, bar area, and a covered outdoor gathering space suitable for dining, entertainment, or private events. The property's established restaurant layout and infrastructure make it well-suited for a variety of food and beverage concepts. The sale includes the real estate, assets, and restaurant improvements only. The business, trade name, and operating entity are not included. Do not disturb tenant or employees.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$792 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turn Key Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,285 SF

ZONING

C

APN/PARCEL ID

0048-09-0020

ASK ABOUT THIS PROPERTY

Adam SeidelAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

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

Adam SeidelAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

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