Restaurant for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30805739
Property Subtypes: Restaurant
Building Size (RSF): 10,498 SF
Gross Land Area: 35,428 SF
Sale Price: $7,200,000
Unit Price: $685.84 PSF
Property Use Type: Investment, Business
Usable Size (USF): 10,498 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/21/2022

Overview / Comments

Very popular restaurant for sale in Nokomis/Venice area. 2022 NOI projected to be $600k. NDA and Buyer qualification required. See attached NDA under “Due Diligence”
Additional real estate with 1 retail parcel and 1 multi-family parcel available for additional $1,650,000
Seller short-term (based on deposit) financing available to qualified Buyer

Please contact agents for confidential disclosure and more information.

John Caragiulo (941) 256-6144

Joe C Hembree (941) 685-5869

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0405110040
Zoning: CG - COMMERCIAL, GENERAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,523 39,197 68,219
Median Age: 58.51 63.78 60.18
Households: 4,557 20,896 34,590
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