Established Restaurant with Upside
For Sale
$1,500,000
1303 Del Prado Blvd S, Cape Coral, FL 33990
Turnkey restaurant with two bars, seating for 216, real estate.
Property SizeContact for details
Lot Size0.60 Acres
Days on Market140
Property Features for 1303 Del Prado Blvd S
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$25,505
Building Details
Year Built
1980
Stories
2
Listing Agency:
Phil Deems Real Estate
(239) 822-1101
Listed By:
Phil Deems · License #312608
(239) 822-1101
Source:
Elliman
Added: Apr 15
Changed: Aug 16
Last Checked: Aug 31 at 3:46PM
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 Phil Deems Real Estate
Investment Insights
Based on property information with market context.
This established hometown restaurant, operating since 2007, offers a successful neighborhood bar and grill experience. The property features two bars, inside seating for approximately 75 patrons, and patio bar seating for around 18, supplemented by several additional four-top tables. Total seating capacity is 216 according to code. Closed for two years due to Hurricane Ian and roof damage (but with no flooding), the restaurant has reopened in November 2024 after over $500,000 in upgrades. These upgrades include a new roof, upgraded electric system, new roof vents, hurricane windows on the second floor, interior painting, and new ceiling and ceiling fans in certain areas. The sale includes all furniture, fixtures, equipment, inventory, customer base, and the real estate itself. The real estate consists of lots 21, 22, 23, 24, 25, and 27 in block 1265, totaling approximately 26,000 square feet. The property presents excellent upside potential and is value priced. It is listed for $1,700,000, which is $600,000 under the appraised value completed in September 2023.
Key Highlights
- Priced $600,000 under appraised value (completed September 2023).
- Turnkey, fully operational restaurant with all furniture, fixtures, equipment, inventory, customer base, and real estate included.
- Over $500,000 in upgrades completed, including a new roof, upgraded electric, new roof vents, hurricane windows, and interior painting.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,290
Businesses Nearby
155k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 36%
Apparel 26%
Home Improvements & Furnishings 2%
T.J. Maxx
Apparel
39,877 visits/mo
0.3 miles
Taco Bell
Dining
16,221 visits/mo
0.5 miles
Speedway
Shops & Services
13,720 visits/mo
0.4 miles
Murphy USA
Shops & Services
12,043 visits/mo
0.5 miles
Chase Bank
Shops & Services
11,112 visits/mo
0.4 miles
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
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- Ariani Ristorante Italiano — 1529 SE 15th Terrace, Cape Coral, FL 33990
- Cape Clubhouse — 1404 Del Prado Blvd S #175, Cape Coral, FL 33990
- Paddywagon Irish Pub - Cape Coral — 1431 SE 16th Pl, Cape Coral, FL 33990
- Juke Box Hero — Cape Coral, FL 33990
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey restaurant with two bars, seating for 216, real estate.
Where is this bar & pub located?
The property is located at 1303 Del Prado Blvd S Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Priced $600,000 under appraised value (completed September 2023).; Turnkey, fully operational restaurant with all furniture, fixtures, equipment, inventory, customer base, and real estate included.; Over $500,000 in upgrades completed, including a new roof, upgraded electric, new roof vents, hurricane windows, and interior painting.
