Local Favorite Restaurant For Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30652805 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
3,000 SF
|
| Gross Building Area: |
25,244 SF |
| Gross Land Area: |
106,809 SF
|
| Sale Price: |
$295,000 |
| Unit Price: |
$98.33 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Lighthouse Plaza |
| Usable Size (USF): |
3,000 SF |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
48.65% |
| Last Updated: |
12/27/2020 |
Overview / Comments
Turn-Key Restaurant Business For Sale in Lighthouse Plaza located in the corridor of Cape Coral. Real Estate does not convey. This Foster's Grille Restaurant franchise and has been a favorite for decades. The owner feels the time to retire. This restaurant is ready for you to take over seamlessly under a new name and theme OR for an additional fee, the Franchise can be transferred as well. It is difficult to find restaurant space in the city with a strong customer base. This site hosts the Wednesday night "Hot Chili Rods" car club meeting/show. Also, it has been a great partner with car shows run for charities. This location has it all. The restaurant also has a Beer & Wine License. If you are looking for a restaurant in Cape Coral, please do not overlook this opportunity. Plenty of space inside and out at this corner unit establishment. 2 brand new HVAC systems.
Currently set up for 18-4 tops, 10 bar stools, 10 booths, and 6 outside tables.
|
Additional Details
| Nearest MSA: |
Cape Coral-Fort Myers |
| County: |
Lee |
| Tax ID/APN: |
154423C3008000050 |
| Zoning: |
CORR |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Located Between: |
On the South side of SW Pine Island Road. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Pine Island Road |
| Feet of Frontage: |
337 |
| Traffic/Vehicle Count: |
27,900 |
| Airports: |
RSW, Punta Gorda |
| Site Description: |
Clean, well maintained, easy access. |
| Area Description: |
Well-traveled connecting East and West Cape Coral and beyond west to Matlatche & Pine Island as well as Punta Gorda on the north side of town. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
3,000 SF |
| Property Condition: |
Good |
| Year Built: |
2007 |
| Roof Type: |
Flat |
| Exterior Description: |
Clean, welcoming |
| Parking Type: |
Surface |
| Parking Description: |
Open & Paved |
| Sprinklers: |
Other |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, Satellite |
| Interior Description: |
Grille decor, dining, kitchen, stock, 2 bathrooms, walk-in cooler. |
| Zoning Description: |
Corredor housing a variety of businesses. |
| Lot Frontage: |
337 |
| Lot Depth: |
313 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
COMMUNITY SHOPPING CENTER / 16 |
| Legal Description: |
LIGHTHOUSE PLAZA AS DESC IN INST# 2008000136512 LOT 5 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,788 |
56,416 |
132,199 |
| Median Age: |
39.03 |
39.01 |
41.69 |
| Households: |
1,718 |
20,787 |
50,893 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Southwest Florida Commercial Alliance nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
