Pub with Outdoor Tiki
New
For Sale
$850,000
119 W CRYSTAL LAKE Avenue, Lake Mary, FL 32746
The venue includes two live-performance stages, gaming areas, and a compact kitchen with an established food menu.
Property Size1,664 SF
Days on Market4
Property Features for 119 W CRYSTAL LAKE Avenue
General Information
Standard status
Active
Size
1,664 SF
Property subtype
Business Opportunity
Net Operating Income
$250,000
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$4,075
Amenities
Central Air, Ceiling Fan(s), Electric
Central, Electric
Back Yard, Fenced, Other
Common, Guest, Other
Building Details
Building Size
1,664 SF
Year Built
1956
Stories
1
Listing Agency:
RE/MAX Experience
Listed By:
Johanne T McGaughey · License #0690538
(954) 260-9888
Source:
Evrealestate
Added: Oct 4
Changed: Oct 6
Last Checked: Oct 5 at 4:29PM
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 RE/MAX Experience
Investment Insights
Based on property information with market context.
This Lake Mary bar and pub property was built in 1956 and pairs indoor and outdoor sports-bar service with an outdoor tiki bar. The layout includes two live-entertainment stages, pool tables, dart games, and a small kitchen serving an established food menu. A COP-4 liquor license is part of the offering, along with the furniture, memorabilia, equipment, and inventory.
The property is located behind Lake Mary City Hall. Its indoor and outdoor areas support beverage service and live entertainment, with space for private celebrations, corporate functions, and community gatherings.
The property is located behind Lake Mary City Hall. Its indoor and outdoor areas support beverage service and live entertainment, with space for private celebrations, corporate functions, and community gatherings.
Key Highlights
- COP‑4 liquor license included
- Two live‑entertainment stages
- Indoor and outdoor sports‑bar areas, plus an outdoor tiki bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,092
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,840
$641.8K
Cap Rate 7%
$458,457
$458.5K
Cap Rate 9%
$356,578
$356.6K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$45.3K $27.24/SF
− Vacancy
−$2.5K −$1.53/SF
EGI
$42.8K $25.71/SF
− OpEx
−$10.7K −$6.43/SF
NOI
$32.1K $19.29/SF
Area
Seminole County, FL
Vacancy
5.60%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,840
Cap Rate 7%
$458,457
Cap Rate 9%
$356,578
Alternative Uses
Best Use
Specialty Retail
$458.5K
$401.2K – $534.9K
NOI $32,092 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.5K
$414.3K – $552.5K
NOI $33,147 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32746, FL
45,828
Population
20,204
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$111,534
Median Household Income
$55,860
Median Earnings
$1,912
Median Rent
$420,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
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- 4th Street Bar & Grill — 132 N 4th St #1200, Lake Mary, FL 32746
- Nice-N-Easy Sports Bar — 101 N Country Club Rd #125, Lake Mary, FL 32746
- Citrus City Craft — 101 N Country Club Rd #101, Lake Mary, FL 32746
- Lake Mary Pub & Tiki Bar — 119 W Crystal Lake Ave, Lake Mary, FL 32746
Frequently Asked Questions
What type of property is this?
Bar & Pub - The venue includes two live-performance stages, gaming areas, and a compact kitchen with an established food menu.
Where is this bar & pub located?
The property is located at 119 W CRYSTAL LAKE Avenue Lake Mary, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: COP‑4 liquor license included; Two live‑entertainment stages; Indoor and outdoor sports‑bar areas, plus an outdoor tiki bar
