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.
30118988
30119006

4040 U.S. Hwy 27 S, Sebring, FL 33870 For Sale

BK
FL BK3333122
Compass
Listed by Compass
$3,495,000
133 days on market
Updated 39 days ago

Operating Restaurant + Development Assemblage

Details
APN S-04-35-29-040-0010-0050
Property Type Business for Sale, Land (+1)
Sub Type Business and Building, Commercial (+1)
Square Footage 4,155
Net Rentable (SqFt) 4,155
Cap Rate 6.01%
NOI $210,000
Occupancy 100%
Brand/Tenant Sebring Diner
Broker Co-Op Yes
Class B
Year Built 1999
Year Renovated 2015
Buildings 1
Stories 1
Acreage 5.350
Zoning Mixed
Investment Type Owner/User
Occupancy Date 04/01/2026
Ownership Fee Simple

Hybrid Investment | Operating Restaurant + Development Land | Four-Parcel US-27 Assemblage

Marketing description

Individual Parcel Sales Considered | All Reasonable Offers and Closing Terms Welcome

GoCommercial is pleased to present the exclusive offering of the Sebring Diner and four-parcel commercial assemblage at 4040 US Highway 27 South in Sebring, Florida. This rare hybrid opportunity combines a fully operational, high-volume diner business, owner-user restaurant real estate, and approximately 5.35 acres of strategically positioned commercial land along Sebring's dominant US-27 corridor.

OPERATING RESTAURANT | The anchor improvement is a purpose-built, 4,155 SF freestanding diner with over 25 years of proven operations at this location. Constructed in 1999 with steel frame / CBS construction, glass thermopane storefront, torch-down roofing, commercial quarry tile flooring, and packaged rooftop HVAC, the Sebring Diner reports annual revenues exceeding $2,000,000. The sale includes all FF&E necessary to operate the business on a turnkey basis: walk-in cooler/freezer, commercial range, convection ovens, triple deep fryers, flat top griddles, Hobart dishmachine, ice machines, POS registers, security system, outdoor patio seating, and a Watchfire full-color programmable pylon sign. The property may be structured as a going-concern business sale, a real estate asset sale, or a full assemblage redevelopment transaction. Drive-through conversion potential exists for buyers repositioning the concept, subject to applicable approvals.

FOUR-PARCEL ASSEMBLAGE | The offering consists of four contiguous parcels under unified ownership totaling ±5.35 acres. Parcel 1 (4040 US 27 S) is the operating restaurant on ±1.14 acres with 223 LF of US-27 frontage, zoned C1 (City of Sebring). Parcel 2 (1009 Van Villa Ave) is an adjoining ±0.46-acre paved parking parcel with ~10,180 SF of asphalt, zoned B3 (Highlands County), operationally integrated with the restaurant. Parcel 3 (4070 US 27 S) is a vacant ±0.35-acre pad site with 77 LF of US-27 frontage, zoned C1 (City of Sebring) and Parcel 4 (1004 Van Villa Ave) is a ±3.52-acre rear development tract zoned B3 and AU (Highlands County), ready for QSR, car wash, self storage, bank, medical clinic, hotel, multifamily residential building, or neighborhood retail, presenting significant redevelopment and rezoning upside.

DEVELOPMENT POTENTIAL | The surplus acreage supports multiple development pathways including outparcel/pad site creation, multi-tenant strip center, QSR or drive-through development, medical/professional office, or phased mixed-use commercial redevelopment. The B3-zoned portion is immediately commercially usable; the AU acreage is a strong rezoning candidate given its location within an established commercial corridor contiguous with C1 and B3 properties.

OPPORTUNITY ZONE | Located in a federally designated Opportunity Zone, offering significant tax advantages available to investors holding real estate long-term, including capital gains deferral and potential tax-free appreciation.


LOCATION | US-27 is Highlands County's primary commercial spine, carrying 35,000–48,000 vehicles per day and connecting Central to Southwest Florida. The property sits within one of Sebring's most active commercial nodes, with strong highway visibility, easy ingress/egress, proximity to established residential neighborhoods, and demand supported by Sebring International Raceway (50,000+ annual visitors). Sebring continues to benefit from Florida's sustained population in-migration, with Highlands County's retirement-oriented demographic generating consistent, repeat-visit dining demand.

INVESTMENT STRATEGIES | Owner-operator acquisition with stabilized $1M+ revenue base. Hybrid hold-and-develop while entitling surplus acreage. Redevelopment or franchise repositioning on a 5.35-acre US-27 footprint. 1031 exchange into immediate cash flow with land upside.


Ownership will sell any parcel and/or restaurant business individually.

Brokers Protected.

All reasonable terms and offers considered.

See more details at: https://gocommercial.com/properties/listing/StellarMLS/O6386988/4040-US-HIGHWAY-27-S-SEBRING-FL-33870

Investment highlights

  • Fully operational diner with 27+ years of proven performance reporting $1M+ in annual revenues from extremely limited operating hours — turnkey going-concern or asset sale available for alternate restaurant concept.

  • 4,155 SF purpose-built restaurant on US-27 with 300+ LF of combined highway frontage and strong daily traffic visibility

  • Four-parcel, 5.35-acre commercial assemblage — individual parcel sales and bifurcated restaurant/land transactions considered

  • Development parcels support a broad range of commercial uses including QSR, car wash, self-storage, bank, medical clinic, hotel, multifamily residential, and neighborhood retail — subject to applicable zoning approvals

  • Vacant C1 highway frontage parcel adjacent to restaurant adds 77 LF of additional US-27 exposure — ideal for expansion, additional signage, or integrated site redevelopment

  • Located in a federally designated Opportunity Zone — significant tax advantages available to investors holding real estate long-term, including capital gains deferral and potential tax-free appreciation

  • Brokers fully protected — all reasonable offers and deal structures considered, including individual parcel sales and bifurcated restaurant/land transactions

Listing Contacts

BK
FL BK3333122
Compass
Listed by Compass

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
$210,000.00
$17,500.00/mo

Valuation Metrics

0
DSCR
6.01%
Cap Rate
6.01%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brad Kuskin
License
BK3333122
Brokerage
Compass Florida LLC
Title
Founding Principal
Brokerage Address
5370 Donald Ross Road
*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