PRIME FREE STANDING RESTAURANT REDEVELOPMENT OPPORTUNITY!

Retail-Commercial for Sale
Catylist Listing ID: 30589917
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 1,875 SF
Gross Building Area: See Agent
Sale Price: $450,000
Unit Price: $240 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/5/2020

Overview / Comments

This former Huddle House now Cafe location is located on US State Road 19 in Eustis, Fl in close proximity to Publix development and other national food, automotive and pharmacy retailers. Improvements include a 1,875 SF freestanding restaurant built in 2004. Restaurant includes a 55 seating capacity, hood and ansul system, walk-in cooler, and freezer, 28 parking stalls and so much more. Site is accessible via the light on 44 and 19 via cross access agreement and left in access via SR US Highway 19. Current. Neighboring cities include, Tavares (7.5 miles), Mount Dora (7.1 miles), Leesburg (14.6 miles), and The Villages (30.5 miles). Subject property is located in a highly visible location and ready to service Country Club Manor (299 Mobile Home Sites), Southren Palms RV Resort (979 RV Site), Hazelton Village (1000 Mobile Home Sites) and so much more including the Lake County Flea Market and Fair Grounds. Trade market express high consumer expenditures in fast casual dining/beverage.

Additional Details

Nearest MSA: Orlando-Kissimmee-Sanford
County: Lake
Tax ID/APN: 021926000200005600
Legal Description: FROM SW COR OF GOV LOT 4 RUN E 608.3 FT, N 1DEG 02MIN W 381.36 FT, N 87DEG 01MIN E 425.81 FT TO W'LY R/W LINE OF SR 19, N 02DEG 46MIN 35SEC E ALONG SA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,018 26,143 59,575
Median Age: 38.08 42.98 46.48
Households: 1,234 10,533 25,118

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