4001 S Tamiami Trl - Cafe Baci
Retail-Commercial
for Sale
| Catylist Listing ID: |
30788554 |
| Property Subtypes: |
Restaurant
|
| 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: |
5/16/2022 |
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.
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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. |
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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