$305,000
$350,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
1,920 SqFt
SOLD DATE : 12/31/2024
Key Details
Sold Price $305,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $158
Subdivision Inverness Highlands South
MLS Listing ID OM688767
Sold Date 12/31/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1979
Annual Tax Amount $2,448
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 50x256
Property Description
Great opportunity to purchase a turnkey restaurant ideally located in Citrus County, Florida. This is a well-established business with 50+ seats (room for more), that serves breakfast and lunch with the ability to expand its operating hours to include dinner. Offering a standalone 1,920 square foot concrete block building, this restaurant is in a prime location with exceptional visibility on US Hwy 41 S, and features over 125 feet of road frontage, ensuring maximum exposure to passing traffic. Additionally, the restaurant offers convenient street-to-street access from front to back, extending all the way to Southerly Avenue. This excellent ingress and egress from multiple roads enhances accessibility for customers and gives access to the signalized intersection of South US Hwy 41 S and Eden Drive. US HWY 41 has a daily traffic count of 16,200 Average Annual Daily Traffic FDOT 2023. This sale includes two separate parcels - a .31 acre parcel that the building and parking lot sit on and a contiguous .46 acre parcel that is vacant land. The building has two separate public entrances, the main Dining Room, two public Restrooms, an employee Office, an employee Restroom, large - functionally laid out Kitchen, Servers Station, Check-Out Counter and walk in Refrigeration. The roof was replaced in 2015. If you were ever thinking about opening up your own restaurant or you are looking to expand an already existing brand of restaurants, this is a great opportunity to do that!
Location
State FL
County Citrus
Community Inverness Highlands South
Zoning GNC
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Parking Features Parking Spaces - 19 to 30
Roof Type Shingle
Building
Story 1
Foundation Slab, Stem Wall
Lot Size Range 1/2 to less than 1
Structure Type Block,Stucco
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with WAVE ELITE REALTY LLC
Find out why customers are choosing LPT Realty to meet their real estate needs