$669,000
$699,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
5,743 SqFt
SOLD DATE : 05/18/2021
Key Details
Sold Price $669,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 5,743 sqft
Price per Sqft $116
MLS Listing ID G5026985
Sold Date 05/18/21
Construction Status Inspections
HOA Y/N No
Year Built 1957
Annual Tax Amount $3,718
Lot Size 0.820 Acres
Acres 0.82
Lot Dimensions 225x165
Property Description
LAKEFRONT RESTAURANT OPPORTUNITY AND HOUSE . This property has Multiple avenues of income. This is an active functioning Restaurant that the new owner can take over or rent out. Great property for events, weddings and parties also. The current family members have run the restaurant for 37 years. You have a 4,000 sq ft operating restaurant, a 1,700 sq ft Lakefront house that the family lives in next to the restaurant. Many Marinas and fish camps in the area so this is a perfect property to expand on, create a fantastic Lakefront Dining Experience, Host weddings and other Events, expand the lounge area which includes a full bar, offer lunch options, create a sports bar or change it to a seafood restaurant. Lots of ways to use the property and increase the income. You can live in or rent the house next door. The properties are kept in meticulous condition. Text 91083 to 46835 to get more details. A tremendous opportunity for someone. Property has the potential for great monthly income from this well known established business. New developments in the area on Lake Panasoffkee will certainly attract new customers and residents. The owners have a 3.2 Acre parcel in front of the restaurant they would consider selling for additional parking, RV parking and zoned for a small mobile home park. Contact us today for more details and a private viewing of this one of a kind property.
Location
State FL
County Sumter
Zoning RESTAURANT
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Concrete, Terrazzo, Vinyl
Exterior
Parking Features 19 to 30 Spaces, Common, Curb Parking, Ground Level
Utilities Available BB/HS Internet Capable, Public
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
Roof Type Metal,Shingle
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Structure Type Block,Concrete,Stone,Wood Frame,Wood Siding
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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