Turnkey Restaurant and Office
1506 US-27 Lake Placid, FL 33852
For Sale
Contact for pricing
Pending
Restaurant seating for 150 with leased office, Quonset hut, and additional workspace within a single building.
Days on Market107
Property Features for 1506 US-27
General Information
- Standard status
- Pending
- Property subtype
- Retail, Office, Business for Sale
Listing Agency:
The Pipal Group
(863) 659-1451
Listed By:
Sara Pipal · License #BK3325840
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 26 at 3:02AM
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 The Pipal Group
Investment Insights
Based on property information with market context.
This well established restaurant is currently open 7:00 am to 2:00 pm six days a week and is closed on Tuesdays. The property includes a restaurant portion with seating capacity for 150 people and about 5,000 sq. ft. Improvements cited include a new roof, ceiling tiles, tables, new lights, and kitchen equipment. The building also includes three offices, with one currently renting for $200 per month and the other two for $300 per month.
Additional income sources in the building include a Quonset hut leased for $700 per month to an appliance repair business, and another portion leased for $225 per month to a woodworking business. Parking is provided for trucks on the other side of SR 8 for $250 per month, $125 for two weeks, or $20 per weekend. The property fronts on US 27 S and SR 8, supporting day-to-day visibility for restaurant and tenant operations.
The layout combines a high-capacity dining area with multiple income-producing leased spaces under one roof, with the restaurant operating separately from the office and tenant rentals.
Additional income sources in the building include a Quonset hut leased for $700 per month to an appliance repair business, and another portion leased for $225 per month to a woodworking business. Parking is provided for trucks on the other side of SR 8 for $250 per month, $125 for two weeks, or $20 per weekend. The property fronts on US 27 S and SR 8, supporting day-to-day visibility for restaurant and tenant operations.
The layout combines a high-capacity dining area with multiple income-producing leased spaces under one roof, with the restaurant operating separately from the office and tenant rentals.
Key Highlights
- Restaurant with seating capacity for 150, operating 7:00 am–2:00 pm six days a week (closed Tuesdays)
- Restaurant portion has 5,000 sq. ft.; features new roof, ceiling tiles, tables, new lights, and new kitchen equipment
- On‑site offices: 3 total (700 sq. ft. each). One rents for $200/mo and two rent for $300/mo each
Property Analytics
Location Intelligence
Current Use by Public Records
Breakfast & diners
FAQs
What type of property is this?
Breakfast & diner - Restaurant seating for 150 with leased office, Quonset hut, and additional workspace within a single building.
Where is this breakfast & diner located?
The property is located at 1506 US-27 Lake Placid, FL.
What are key features of this property?
This property features: Restaurant with seating capacity for 150, operating 7:00 am–2:00 pm six days a week (closed Tuesdays); Restaurant portion has 5,000 sq. ft.; features new roof, ceiling tiles, tables, new lights, and new kitchen equipment; On‑site offices: 3 total (700 sq. ft. each). One rents for $200/mo and two rent for $300/mo each
