SQUARE FEET3,784
MLS#G5115516
STATUSActive
PROPERTY TYPECommercial -
Property Description
Commercial Income Opportunity, Zoned Heavy Commercial or Redevelopment. 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. Two adjoining buildings totaling 3,784+/- SF. Site is an assemblage of 4 parcels, totaling 1.73+/- acres. Zoned Sumter County CH, heavy commercial. Restaurant has gross sales of just under a million and currently only open 4 days a week serving lunch and dinner until 8:00 pm giving the restaurant immense $$ growth potential. Highly desirable CH zoning includes many other potential uses including professional office, medical, or retail. This Central Florida location is minutes off I-75 exit # 321 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 and bringing explosive growth to the area. 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 redevelopment 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 do 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!!
Property Features
Property Type: Commercial -
Cooling: Central Air, Zoned
Lot Size: 1.73 Acres
Roof Type: Metal
Taxes: $4,949
Year Built: 1972
Feature Descriptions
Days on Site: 10
Exterior: Frame, Wood Siding
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot Dimensions: 1.73
Ownership: Sole Proprietor
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Sale Includes: Building(s) and Land, Furniture/Fixtures
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available
Water Access Y/N: No
Zoning: CH
Listed By / Shown By
Listed By
Agency Name: ERA GRIZZARD REAL ESTATE
Agency Contact: 352-787-6966
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
2396 N C 470 | MLS# G5115516
This commercial property located at 2396 N C 470 , Lake Panasoffkee, FL 33538 is currently listed for sale with an asking price of $1,100,000. Search Lake Panasoffkee real estate on www.realtymarkllc.com today.