www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29549575
29549585

2396 County Rd 470, Lake Panasoffkee, FL 33538

LJ
FL FL SL3178233
Grizzard Commercial Real Estate Group
Listed by Grizzard Commercial Real Estate Group
$1,100,000
142 days on market
Updated 59 days ago

Local Iconic 3,784+/- SF Restaurant & Bar

Details
APN F32-016, F32-017, F32-018 & F32-019
Property Type Business for Sale, Mixed Use (+2)
Sub Type Bar, Business and Building (+1)
Square Footage 3,784
Net Rentable (SqFt) 3,784
Price per SqFt $291
Broker Co-Op Yes
Class B
Year Built 1972
Stories 1
Acreage 1.730
Zoning CH
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple
Sale Condition N/A

3,784+/- SF Restaurant & Bar $$ with a 35-year history of proven success

Marketing description



Wonderful Offering!! Local Iconic 3,784+/- SF Restaurant & Bar with a 35-year history of proven success. Turn-key, ALL F, F & E is included. Inventory list attached. Property has 400’+/- Ft of Hwy frontage with superior visibility and easy access. The restaurant is two adjoining buildings totaling 3,784+/- SF. Site is an assemblage of 4 parcels, totaling 1.73+/- acres. Zoned Sumter County CH, heavy commercial. With a gross sales of just under a million and currently open 4 days a week serving lunch and dinner until 8:00 pm give the restaurant immense $$ growth potential. This highly desirable zoning includes many other potential uses including professional office, medical, or retail. This Central Florida location is minutes off I-75 and The Villages and less than an hour from Orlando, Ocala or Tampa. The Villages with over 150,000+ residents and still growing is the largest single site golf community in the United States bringing opportunities and growth to local established businesses in a blending of old and new. The restaurants small community is famous for Lake Panasoffkee and great fishing. Home to many tournaments Lake Panasoffkee ("Valley of Water") is a beautiful spring fed lake covering almost 4,460+/- acres offering year-round fishing and activities. Known for good food, good people, music and corn hole tournaments plus potential development opportunities make this property a “win-win” for an experienced restaurant owner or redevelopment. Do not disturb this operating business or question its employees. Sale is confidential. Financial data is available with an executed CA / Confidentiality Agreement. Shown by appointment only with listing agent. Wall décor and memorabilia does not convey. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. We have the keys to your opportunity in the sunshine state!!

Investment highlights

  • Zoned CH - Heavy Commercial Sumter County

  • Gross Sales are just under $1 Million with immense $$ growth potential

  • Potential development opportunities for redevelopment

  • Successful $$ Restaurant & Bar with 35 Year History

  • Turn Key with all F, F & E included

  • Assemblage of 4 parcels, totaling 1.73+/- acres.

  • Shown by appt Lisa Jodray 352-205-1883

Listing Contacts

LJ
FL FL SL3178233
Grizzard Commercial Real Estate Group
Listed by Grizzard Commercial Real Estate Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Lisa Jodray
License
FL SL3178233
Brokerage
Grizzard Commercial
Brokerage Phone
3522051883
Brokerage Address
1300 Citizens Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591