Listed by Riverside Realty Services LLC
$899,000
Downtown Punta Gorda Restaurant
Details
APN 412306382003
Property Type Retail
Sub Type Restaurant
Square Footage 2,208
Cap Rate 7.96%
NOI $71,559
Tenancy Single
Price per SqFt $407
Year Built 1952
Buildings 1
Stories 1
Acreage 0.090
Zoning CC
Retail | 7.96% CAP | 2,208 SqFt
Marketing description
Restaurant Property for Sale – Prime Investment with Long-Term German Restaurant Tenant
An exceptional opportunity to acquire a high-performing restaurant property with a stable, long-term tenant operating a successful German restaurant. This
investment offers immediate rental income, a well-maintained commercial space, and a tenant with a strong local reputation and loyal customer base.
Investment highlights
- Type: Freestanding restaurant building
- Size: Approximately 2,221 s.f. of interior space and an additional 456 s.f. of covered outdoor patio seating.
- Location: High-visibility, high-traffic location in Downtown Punta Gorda, with excellent frontage and easy access
- Tenant: Established German restaurant with a multi-year lease in place and a history of consistent operation and profitability
- Rental Income: Strong, reliable cash flow
- Interior Features: Fully built-out dining space, commercial-grade kitchen, bar area (liquor license), restrooms, and storage
- Exterior Features: Across from parking garage, outdoor dining , and attractive entry
Listing Contacts
Listed by Riverside Realty Services LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,559.00
$5,963.25/mo
Valuation Metrics
0
DSCR
7.96%
Cap Rate
7.96%
ROI
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