SOLD for $1,100,000 on March 4, 2022
Listing Price: $1,600,000Sold Price: $1,100,000Sold Price/List Price: 69%
Sold Price/Original List Price: 0.69%
Description of Property
GREAT OPPORTUNITY! ONE OF A KIND. Highly profitable restaurant . Very Motivated OWNERS! Owners are retiring. This restaurant location is a regional landmark with a large established clientele. This location has served a casual fine dining establishment, serving delicious food and outstanding service . This purchase is for the real estate. Purchase includes equipment. This land consists of 5 parcels, with 113 parking spaces. Property appraisal available upon request. Confidentiality agreement required. The appraisal value just for building and the property $1,6 million .This is a highly profitable restaurant property with full liquor license for sale and karaoke bar with a separate banquet hall. This restaurant location is a regional landmark on the main street of Tamiami Trail with a large, established clientele, serving delicious food and outstanding service in a casual dining establishment since 1988. The owners are retiring, so this purchase is for the business and real estate, and includes equipment. The restaurant serves breakfast, lunch, and dinner, and offers dine-in, carryout, pick-up and catering. There is plenty of room inside for large groups and private parties and features a warm and inviting casual atmosphere. A fun and lively place showcasing both delicious classic food, incredible European cooking, and the best boozy cocktails. The property appraisal is available upon request and a confidentiality agreement is required. Must see!!!
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: North Port
County: Sarasota
Subdivision: Port Charlotte Sub 03
Sq. Ft. Gross: 60,000
Year built: 1990
Annual Tax: $5,962
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
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Cooling: Central Air
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Utilities:
- Electricity Available
- Phone Available
- Water Connected
Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 1.37
Lot Size (sq. ft.): 60,000 square feet
Lot Dimensions: 400x150
Road Frontage: Main Thoroughfare
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Legal Description & Other Information
Parcel Number: 0999 03 4644
Tax Legal Desc.: Provided with NDA
Listing courtesy of RE/MAX PALM REALTY OF VENICE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.