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637 S COMMERCE AVE Sebring FL 33870-3810

APN S-29-34-29-070-0830-0090

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Details
Property Type Business for Sale, Retail (+1)
Sub Type QSR/Fast Food, Restaurant
Building SqFt 1,216
Lot SqFt 7,500
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C1
Year Built 1973
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Restaurant, Bar
Marketing Description
Prime location turnkey 58 seat restaurant with strong customer base. Location within sight of the county government center and the county courthouse, Sebring Parkway and the fairgrounds event center. and high school. Fully equipped kitchen with natural gas ovens and grill, walk-in cooler. Currently an Italian restaurant open for dinner only. Galati family has been making pizza since 1957. This restaurant has won many "People's Choice" awards. Some have described them as having a "cult like following" for their pizza.

Current owners - ready to retire and close during the summer. Much opportunity for exponential growth by adding lunch service and year-round dining. Galati's is an established restaurant in this location since 2006.Turnkey - ready to operate.

Downtown Sebring CRA is currently processing major changes with more restaurants being developed in the historic buildings and a waterfront district (6 blocks away) having a major redesign to attract tourists and local residents to the area.


Property Type
Property Type
Retail
Property Subtype
Restaurant
Marketing Description

Lucrative opportunity to acquire a successful prime placed Family Restaurant in Downtown Sebring. The restaurant has primarily been open for dinner and has been successful for many years, having multiple “Award Winning” years and an ever-growing following for their Town’s Best Pizza.

This property is a 1,536 square foot , freestanding building with 50ft of main street frontage, ample parking and large signage. It boasts a large dining area, plenty of storage, 10x12 walk-in cooler and full kitchen. This restaurant is a home town staple of the community and has been in business successfully for many years, with great add value to expand. The surrounding area includes Governmental centers, hospitals, large private communities, schools, and is in walking distance to the to the downtown circle area. This property is the ideal work environment providing low overhead and steady flow of business with expansion possibilities.

Properties such as these are increasingly rare in today’s market and are proven to be desirable assets. With the Influx of new residents to the community, diverse dining and entertainment are in high demand.

Investment Highlights

• Successful Income Producing Restaurant with room for additional income.

• Property is located in Downtown Sebring FL, where there has been a major influx of new residents relocating from in and out of State.

• Room for upgrades and Improvements.

• Value add and growth from Expanded Hours, Extended Menu and take out delivery options.

• High Traffic Area. Including: Prime Visibility (50ft) of frontage, within walking distance from Governmental Centers, Schools, Residential and Downtown Circle.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

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