7,074 SF FREESTANDING RESTAURANT OPPORTUNITY

Retail-Commercial for Sale
Catylist Listing ID: 30169988
Property Subtypes: Restaurant
Building Size (RSF): 7,074 SF
Gross Land Area: 28,900 SF
Sale Price: $1,650,000
Unit Price: $233.25 PSF
Property Use Type: Vacant/Owner-User
Building Name: Panda Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2017

Overview / Comments

7,074 SF FREESTANDING RESTAURANT OPPORTUNITY
* Great Location, Location, Location
* 3 Lots, 28,900Sq Ft, .67 Acres
* Established business for over 20 years
* Bring your own concept, 160+ seats
* Real Estate plus Restaurant Equipment for sale
* Roofing, Air Cond, Plumbing, Electric, Gas and
Restaurant Equipment in good condition
* Built 1984 reconditioned 1988 plus storm shutters
* 41 Parking spots, Ladies room 3, Mens room 2/1, plus
employee bathroom
* 2 walk in coolers @12x15 plus deep freeze @10x11
* Bar Area @20x26
* 2 room dining area plus 3 hot, 3 cold buffets
* Large kitchen area loaded plus prep area
* Fenced in outside storage area, plus security alarm
* Beautiful palm trees and colorful sunsets
* Up against a freshwater canal and seawall
* Commercial Canopy Carport
* located on busy St Rt 41 Port Charlotte Florida
* Near new construction of Allegiant's Sunseeker Resort
who is building 720 one-, two- and three-bedroom
condominiums along with a 75-room resort hotel and
several other large residential planned developments
* Located in a fast growing area, population increase of
17.1% and estimated to double in 10 years.
* Large sign

Attachments & Media

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 402222103007
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: On Access Rd between Elkcam and Caring Way
Property Visibility: Excellent
Largest Nearby Street: St Rt 41 Tamiami Trail
Feet of Frontage: 239
Traffic/Vehicle Count: 65,000
Airports: Punta Gorda Airport
Site Description: * Fenced in outside storage area, plus security alarm * Beautiful palm trees and colorful sunsets * Up against a freshwater canal and seawall * Commercial Canopy Carport
Area Description: Great Location, Location, Location Near new construction of Allegiant's Sunseeker Resort who is building 720 one-, two- and three-bedroom condominiums along with a 75-room resort hotel and several other large residential planned developments
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,074 SF
Property Condition: Excellent
Year Built: 1984
Year Renovated: 1988
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 41
Parking Type: Surface
Parking Description: Concrete
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Commercial General Use is Restaurant
In Flood Plain?: Yes
Lot Frontage: 239
Lot Depth: 160
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Undisclosed
Legal Description: PORT CHARLOTTE SEC 45 BLK 754 LTS 32 & 33 603/2174 673/1316 766/539 772/1226 E825/1477 956/272 1354/940 1524/1974 1536/554 CD1542/1495 PCH 045 0754 000A PORT CHARLOTTE SEC 45 3RD REP BLK 754 TRACT A .30 AC. M/L PB10/PG10 615/669 673/1316 766/539 772/1226 E825/1477 956/272 E1160/1293 1354/940 1524/1973 1536/554 CD1542/1495

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,458 55,611 86,269
Median Age: 49.62 50.28 50.26
Households: 4,950 24,547 37,995
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