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34497429
34497457

5195 E SILVER SPGS BLVD, SILVER SPRINGS, FL 34488-1623 For Sale

Century 21 J W Morton Real Estate Inc
Listed by Century 21 J W Morton Real Estate Inc
$799,000
5 days on market
Updated 5 days ago

Turnkey Restaurant | Nation's #1 Growth Metro | Ocala MSA

Details
APN 24157-001-00
Property Type Retail
Sub Type Restaurant, Bar (+1)
Square Footage 2,100
Tenancy Vacant
Year Built 1983
Year Renovated 2026
Stories 1
Lot Size (SqFt) 15,379
Zoning Community Business
Parking Spaces 15 spaces
Parking per 1,000 SqFt 7.14
Ground Lease No

Restaurant-Ready Infrastructure | 2026 Renovation | Flexible B-2 Zoning | 21,963 AADT

Marketing description

Extensively renovated restaurant property located in the Ocala, FL MSA, recognized by the U.S. Census Bureau as the fastest-growing metropolitan area in the United States in 2025. Positioned along SR 40, a principal east-west arterial traversing the Ocala metropolitan area, the property benefits from 2025 FDOT traffic counts of 21,963 AADT and is located within an established and expanding commercial corridor.

Restaurant properties with extensive food-service infrastructure are in increasingly limited supply within the nation's fastest-growing metropolitan area, where continued population growth is driving demand for retail and restaurant space. The property's existing restaurant infrastructure significantly reduces startup costs, shortens construction timelines, and accelerates occupancy for restaurant and food-service operators. Supported by flexible B-2 Community Business zoning, exceptional regional connectivity, and strong economic fundamentals, the property presents a highly adaptable opportunity for owner-users, investors, and developers.

Completely renovated in 2026, the property includes a Type I grease exhaust hood, automatic fire suppression system, multiple natural gas connections, stainless steel wall protection, and a commercial grease interceptor. Commercial-grade fiberglass reinforced plastic (FRP) wall panels have been installed throughout the commercial kitchen and ADA-compliant restrooms, providing durable, moisture-resistant surfaces well suited for demanding food-service environments.

Renovations also included relocating the restrooms to improve operational efficiency, completing life safety improvements, and installing new rough plumbing for a three-compartment sink, handwashing sink, mop sink, and additional commercial kitchen fixtures. Collectively, these significant capital improvements substantially reduce future tenant improvement costs for restaurants, bars, breweries, coffee shops, caterers, commissaries, bakeries, ghost kitchens, and other commercial food-service users.

The 674 SF± dining area accommodates approximately 45 occupants. An adjoining 285 SF± flex space provides opportunities for storage, office use, private dining, additional seating, or other operational needs. The property has historically held liquor, beer, and wine licenses, demonstrating its long-standing operation as a full-service food and beverage establishment while providing flexibility for a variety of future commercial uses, subject to applicable licensing and regulatory approvals.

Marion County B-2 Community Business zoning permits a broad range of retail, restaurant, service, hospitality, and select automotive uses. In addition to its long-standing restaurant use, the property has previously operated as general retail and as a multi-tenant building with two suites. Marion County's Special Use Permit (SUP) process may also allow additional uses beyond those permitted by right, creating flexibility for investors pursuing adaptive reuse, repositioning, or redevelopment strategies. The property is served by natural gas, electric, public water, and public sewer utilities.

Located approximately ±0.6 miles from Silver Springs State Park, the property benefits from its proximity to one of Florida's premier natural attractions. According to the Ocala/Marion County Visitors & Convention Bureau, Marion County welcomes more than 1.4 million visitors annually and generates more than $1 billion in tourism-related economic impact. Silver Springs State Park alone attracted more than 579,000 visitors in 2023, further reinforcing the property's position near a significant regional visitor destination. The Silver Springs area continues to experience public and private investment, including the construction of a new 105-room Home2 Suites by Hilton currently under development. Located approximately ±0.5 miles from the intersection of SR 40 and SR/CR 35—one of the busiest intersections in the Ocala metropolitan area—the property benefits from exceptional traffic exposure, consumer accessibility, and regional connectivity. Regional tourism, sustained residential growth, expanding employment, and continued commercial investment create multiple independent demand drivers, reducing reliance on any single customer segment while supporting long-term operational viability.

The Ocala MSA ranked #36 among 200 large U.S. metropolitan areas in the 2025 Milken Institute Best-Performing Cities Index and generated an estimated $16 billion regional GDP in 2023, according to the Milken Institute and the U.S. Bureau of Economic Analysis. The University of Florida Bureau of Economic and Business Research projects Marion County's population to increase by as much as 30% by 2040, reinforcing the region's long-term demand for restaurant, retail, hospitality, and service-oriented commercial real estate.

Investment highlights

  • Extensively Renovated Restaurant (2026) – Comprehensive renovation with significant capital improvements substantially reduces startup costs and accelerates occupancy.

  • Restaurant-Ready Infrastructure – Type I grease exhaust hood, automatic fire suppression, commercial grease interceptor, natural gas service, stainless steel wall protection, commercial-grade FRP wall panels, completed life safety improvements, and new rough plumbing for commercial kitchen fixtures.

  • Flexible B-2 Community Business Zoning – Permits restaurant, retail, hospitality, service, and select automotive uses, with additional opportunities potentially available through Marion County's Special Use Permit (SUP) process.

  • Multiple Operating Strategies – Suitable for restaurants, bars, breweries, coffee shops, caterers, commissaries, bakeries, ghost kitchens, and other food-service users, while supporting adaptive reuse and value-add investment strategies.

  • High-Visibility SR 40 Corridor – Approximately 21,963 AADT (2025 FDOT), located ±0.5 miles from the SR 40/SR/CR 35 intersection and ±0.6 miles from Silver Springs State Park.

  • Strong Tourism & Consumer Demand – Marion County welcomes more than 1.4 million visitors annually, generating over $1 billion in tourism-related economic impact, with Silver Springs State Park attracting more than 579,000 visitors annually.

  • Established & Growing Trade Area – Surrounded by national retailers, restaurants, expanding residential development, and a new 105-room Home2 Suites by Hilton under development.

  • Flexible Interior Layout – Approximately 45-seat dining room plus 285 SF± flex space suitable for office, storage, private dining, or expanded operations.

  • Utilities & Operational Infrastructure – Natural gas, electric, public water, and public sewer already in place, reducing future development costs.

  • Fastest-Growing U.S. Metropolitan Area – Located within the Ocala MSA, recognized by the U.S. Census Bureau as the nation's fastest-growing metropolitan area in 2025, supported by an estimated $16 billion regional economy and projected population growth of up to 30% by 2040.

Listing Contacts

Century 21 J W Morton Real Estate Inc
Listed by Century 21 J W Morton Real Estate Inc

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