$699,000

907 Cr 439b

LAKE PANASOFFKEE FL, 33538

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.

Details

MLS#G5026985
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site178

Features

SQ Feet5,743
ZoningRESTAURANT
Acreage0.82
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Area Information
StateFL
CountySumter
CityLAKE PANASOFFKEE
Zip Code33538
Area33538 - Lake Panasoffkee
Listing VS Median (in 33538)
Price:
$699,000
low | high
Med:
$89,000
100% of Average
SqFt:
5,743
low | high
Med:
1,244
100% of Average
$ / SqFt:
$122
low | high
Med:
$72
91.219771929582% of Average
On Site:
178
low | high
Med:
32
100% of Average
Listing Updated: November 25, 2020 9:10:16 PM PST
Darlene Misciagno LogoMLS Number: G5026985
Listing Provided By:
Darlene Misciagno  of  RE MAX TITANIUM GROUP

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.