4001 S Tamiami Trl - Cafe Baci

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30788554
Property Subtypes: Restaurant
Status: Pending/Contingent
Building Size (RSF): 7,436 SF
Gross Building Area: See Agent
Sale Price: $4,300,000
Unit Price: $578.27 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2022

Overview / Comments

Rare opportunity to purchase an existing restaurant of this caliber that comes with such prime located real estate. Potential for an operator to take over the existing Cafe Baci operation, start their own concept, or reutilize the site completely for a new type of project. The existing structure is just under 7,500 SF which includes a small banquet room on the second floor. The first floor seats up to 150 customers and the banquet room can hold another 60 for a total of 210 seats. There is a handicap accessible lift elevator in the rear of the building to bring patrons to the ADA restrooms located on the second floor. Due to the 150+ seat threshold, the restaurant qualifies for the state SRX annual liquor licensure. All furniture and an extensive list of kitchen equipment will be remaining with the sale so the space will be essentially move in ready for a new operator to restock the inventory and begin operations. The existing monument sign is grandfathered in for specific use. Take advantage of the nearly 31 years' worth of excellent reputation and history as the goodwill is included with the sale. Please schedule any visits directly with Lee DeLieto Jr.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0074050073
Property Located Between: East side of US 41 or South Tamiami Trl just a few blocks south of the Bee Ridge Rd.
Property Visibility: Excellent
Area Description: Cafe Baci is well located on the east side of US 41 or South Tamiami Trl just a few blocks south of the Bee Ridge Rd. intersection. With an average daily traffic count of over 43,000, this is a highly visible and accessible location great for a wide variety of retail or office uses.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,328 80,279 158,060
Median Age: 46.95 50.55 48.8
Households: 3,940 38,769 73,522
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