Property
| Ownership: | Condo |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.1 Acres |
Financials
Price:$849,000
Annual Taxes:$2,183.55
Listing Courtesy of PREFERRED SHORE LLC
Exceptional turnkey commercial acquisition opportunity in the high growth Sarasota Manatee market !
Description
Exceptional turnkey commercial acquisition opportunity in the high-growth Sarasota-Manatee market! This 2,400 SqFt second-generation restaurant and bar is comprised of three integrated commercial condo units within Two Rivers Business Park. Skip multi-year permitting delays and raw buildout CapEx. Features an active SFS 4COP Full Liquor License tied to the location, enabling seamless indoor and outdoor alcohol service and bypassing Manatee County quota waitlists. Provides massive immediate speed-to-market utility for an operator. Turnkey interior includes an open dining arena, custom bar lounge, two updated ADA restrooms, and a fully equipped commercial kitchen. Enjoy absolute peace of mind with a brand-new commercial roof (2025) and triple-zone high-efficiency HVAC array. Pro-forma base market rents range from $52,800 to $62,400 ($22.00 to $26.00/SF NNN) based on 2025/2026 local retail comps, yielding a realistic pro-forma cap rate range of 6.11% to 7.20% depending on final purchase terms. Balanced HOA budget covers water, sewer, recycling, trash, and exterior maintenance. Ideal for SBA 504 owner-occupants. Immediate occupancy!
Amenities
- Bathrooms
- Common Lighting
- Corner Lot
- Curb And Gutters
- Curbs
- Dishwasher
- Dumpsters
- ENERGY STAR Qualified Windows
- Fire Alarm
- Fire Sprinkler System
- Furnished
- Industrial Condo
- Insulated Windows
- Kitchen Facility
- Lit Sign On Site
- Microwave
- Paved
- Public
- Refrigerator
- Seating
- Security Lights
- Security System Owned
- Shopping Center
- Sidewalk
- Sidewalks
- Smoke Detectors
- Street Lights
- Thermal Windows
- Tinted Windows
- Trash Removal
- Truck Doors
- Water Connected
- Window Treatments
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
