Turnkey Restaurant and Office
For Sale
Contact for pricing
Pending
1506 US-27, Lake Placid, FL 33852
Restaurant seating for 150 with leased office, Quonset hut, and additional workspace within a single building.
Property SizeContact for details
Days on Market150
Property Features for 1506 US-27
General Information
Standard status
Pending
Property subtype
Retail, Office, Business for Sale
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Office Units
3
Building Details
Tenancy
Multi
Listing Agency:
The Pipal Group
Listed By:
Sara Pipal · License #BK3325840
(863) 659-1451
Source:
Crexi
Added: Apr 11
Changed: Sep 5
Last Checked: Sep 7 at 9:18AM
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
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33852, FL
21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
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
