Restaurant and Bar with
102 W Shell Point Road Ruskin, FL 33570
102 W Shell Point Road, Ruskin, FL, 33570
$799,000
For Sale
$799,000
Turn-key restaurant and bar with fully equipped kitchen, outdoor patio and pavilion, plus an upstairs 2-bedroom, 1-bath apartment.
Property Size5,970 SF
Price / SF$133.84
Days on Market266
Property Features for 102 W Shell Point Road
General Information
- Standard status
- Active
- Size
- 5,970 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1925
Listing agency
CENTURY 21 BEGGINS ENTERPRISES
(813) 658-2121
Listed by
Angela Richison
Source
Xome
Added: Oct 30, 2025 Updated: Jul 21 at 10:41PM Checked: Jul 21 at 10:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 BEGGINS ENTERPRISES
Investment Insights
Based on property information with market context.
This turn-key multi-use property combines a fully operational restaurant and bar with a built-in event component and upstairs living space. The main level includes multiple interior dining areas, a fully equipped commercial kitchen, and a full-service bar, along with outdoor patio seating. An expansive outdoor pavilion provides additional hosting space for events.
Upstairs, the property includes a 2-bedroom, 1-bath apartment, which can support owner occupancy or continued rental income. An active liquor license is in place with food service required. The sale also includes an adjacent residential lot currently used for on-site parking.
Located near US Hwy 41 at 102 W Shell Point Road in Ruskin, this configuration supports both day-to-day dining service and private or community event use, with certain space conversions noted as possible for buyers to verify.
Upstairs, the property includes a 2-bedroom, 1-bath apartment, which can support owner occupancy or continued rental income. An active liquor license is in place with food service required. The sale also includes an adjacent residential lot currently used for on-site parking.
Located near US Hwy 41 at 102 W Shell Point Road in Ruskin, this configuration supports both day-to-day dining service and private or community event use, with certain space conversions noted as possible for buyers to verify.
Key Highlights
- Fully equipped restaurant and bar with central air and multiple interior dining areas
- Commercial kitchen and full‑service bar included; property also has a waiting/hostess area
- Outdoor patio seating plus an expansive outdoor pavilion used for weddings, receptions, parties, live music, and community events
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.1k | $15.60 |
| − Vacancy | −$4.7k | −$0.78 |
| EGI | $88.5k | $14.82 |
| − OpEx | −$22.1k | −$3.70 |
| NOI | $66.4k | $11.11 |
5,970 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Mixed Use
$1.06M
$926.8K – $1.24M
NOI $74,147 @ 7.0% cap · market cap 9.28%
Second Best
Specialty Retail
$948.0K
$829.5K – $1.11M
NOI $66,357 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,027 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lazy Gator Ruskin ...
Bar & Pub
Excavation Media
Business Management Consultant
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FAQs
What type of property is this?
Conventional restaurant - Turn-key restaurant and bar with fully equipped kitchen, outdoor patio and pavilion, plus an upstairs 2-bedroom, 1-bath apartment.
Where is this conventional restaurant located?
The property is located at 102 W Shell Point Road Ruskin, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully equipped restaurant and bar with central air and multiple interior dining areas; Commercial kitchen and full‑service bar included; property also has a waiting/hostess area; Outdoor patio seating plus an expansive outdoor pavilion used for weddings, receptions, parties, live music, and community events
