Commercial Sale Property - Mixed Use in Osprey
Listing Price: $1,800,000
Description of Property
Showcase your dining concept at 3983 Destination Drive (Bay Street Village and Towncenter, $1,800,000, 3,871 SF CG, Osprey) – a premier restaurant-ready space in a vibrant, walkable, amenity-rich setting along US-41, steps from the waterfront and thriving residential growth. This turnkey 3,871 SF Restaurant Opportunity is a Two-story, fully built-out space with seating for ~150 guests plus outdoor dining areas. Revenue-Ready Layout – Ground floor offers spacious interior dining room, centralized bar for high-volume service, and outdoor options. Operational Efficiency – Second floor, elevator accessible, includes balcony, additional kitchen workspace, storage, walk-in cooler, and additional dining area with coffee bar ideal for private events, membership type experience or overflow seating. Prime CG Zoning – Flexible commercial use with strong ROI potential. Equipment Included – Restaurant equipment conveys; furniture available and ready for upgrade to match your concept’s brand. Outstanding Exposure – Prominent entrance tower with excellent signage visibility along Route 41. Growth Market – 200+ luxury residential units have just premiered adjacent to the property, which will bring strong foot traffic and revenue potential. Secure a prime restaurant location in a rapidly growing, high-traffic corridor with exceptional visibility along US-41. Surrounded by complementary tenants—including a breakfast and lunch bistro, art galleries, jewelry shops, a spa, a florist, and coworking spaces—this property offers a built-in audience and a rare opportunity for a sophisticated, high-end concept poised for strong long-term returns. Matterport virtual reality tour, equipment inventory, and floor plans available upon request.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: Osprey
County: Sarasota
Subdivision: Phase 1 Of Bay Street
Sq. Ft. Gross: 4,520
Sq. Ft. Living Area: 3,871
Cost per (heated) sqare foot: $465
Year built: 2008
Annual Tax: $5,658
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Flooring: Tile
Waterfront Info
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Tile
Parking Features: Over 30 Spaces
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Community Features: Sidewalks
Lot Information
Lot Features: Near Public Transit
Lot Size (acres): 0.37
Lot Size (sq. ft.): 16,302 square feet
Road Frontage: Main Thoroughfare
Front Exposure: West
Adjoining Property: Professional Office
Additional Parcels Description: 147022011
Legal Description & Other Information
Financing Available: Other
Parcel Number: 0147022005
Zoning: CG
Tax Legal Desc.: UNIT A-2.15, PHASE 1 OF BAY STREET COMMERCIAL CONDO (together with)UNIT A-2.26, PHASE 1 OF BAY STREET COMMERCIAL CONDO
Section: 10
Range: 18
Listing courtesy of COLDWELL BANKER REALTY. 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.