Water front Bar Restaurant in Spring Hills

Retail-Commercial for Sale
Catylist Listing ID: 30628782
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 1,872 SF
Gross Land Area: 0.59 Acres
Sale Price: $850,000
Unit Price: $454.06 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,772 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/14/2021

Overview / Comments

Very Successful Waterfront Bar/ Restaurant, with own little private Beach.Open Water view on canal overlooking lakes & marsh. Seating capacity is 150 plus, serving Wine, Beer, and full Liquor with an SRX License. The current owner added a 1900 sqft. covered Patio with Bar, in 2018, to the existing structure. This is a turn-key operation, with a well established local clientele. Seller will consider Owner Financing, to a qualified buyer. Price Includes Business, Equipment, and the Property. Please do not contact the owner or employees with questions, if you visit as a customer. Call the Broker 727-688-5859, with any questions regarding the sale of this property.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hernando
Taxing Authority: Hernando
Tax ID/APN: R12 223 16 2050 1030 0050
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Directly on Shoal Line Blvd
Property Visibility: Excellent
Largest Nearby Street: Directly on Shoal Line Blvd
Feet of Frontage: 181
Site Description: Very Successful Waterfront Bar/ Restaurant, with own little private Beach.Open Water view on canal overlooking lakes & marsh. Seating capacity is 150 plus, serving Wine, Beer, and full Liquor with an SRX License. The current owner added a 1900 sqft. covered Patio with Bar, in 2018, to the existing structure. This is a turn-key operation, with a well established local clientele.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,872 SF
Property Condition: Excellent
Year Built: 1984
Year Renovated: 2018
Construction/Siding: Block, Stucco, Wood Frame
Total Parking Spaces: 22
Parking Type: Surface, Other
Parking Description: Plenty of parking spaces. Open parking paved and grass
Heat Source: Central
Zoning Description: Commercial Restaurant cafeteria
Lot Frontage: 181
Lot Depth: 142
Water Service: Municipal
Sewer Type: Septic
Legal Description: GULF COAST RET UNIT 8 BLK 103 LOTS 4 & 5 & 6

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,647 50,582
Median Age: 47.07 52.04
Households: 6,409 22,678

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