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299 Broad St Groveland, FL 34736

For Sale
$1,000,000

Busy Hwy 50 restaurant, great location.

Property size:
1,320 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This thriving restaurant, located at 299 E Broad Street in Groveland, Florida, presents a unique investment opportunity. Boasting 1,320 square feet on a 0.65-acre lot, the property enjoys a prime position on Highway 50, benefiting from high traffic volume. The restaurant features both drive-through and eat-in options, including a buffet and ample seating for patrons. Its current configuration is well-suited to its existing use, but the versatile space also lends itself to a variety of other commercial applications. The property's strategic location is further enhanced by the planned bypass connecting Highway 33 and SR 19, with a park and ride situated nearby, promising increased future traffic. Neighboring businesses include an auto parts store and a gas/convenience station, creating a synergistic commercial environment. The property benefits from a new roof installed at the end of 2023. Financial information is available upon execution of a confidentiality agreement. Seller financing may be available. The asking price of $1,000,000 does not include the business name or the chicken recipe

Property Features for 299 Broad St

General Information

Property type
Other commercial real estate
Square Feet
1,320 SF
Lot Size
28,314 SF

Building Details

Year Built
1985

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Groveland
County
Lake
State
Florida
Longitude
-81.8527
Latitude
28.55903

FAQs

What type of property is this?
Commercial real estate - Busy Hwy 50 restaurant, great location.
Where is this commercial real estate located?
The property is located at 299 Broad St Groveland, FL.
What is the asking price?
The asking price for this property is $1,000,000.
More about this property
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