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    Live-Work Restaurant and Mobile Home Title is generated by Realmo AI

    15525 Shady Hills Road, Shady Hills, FL 34610

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    Claim this Listing
    For Sale
    $825,000

    COMMERCIAL - Shady Hills, FL

    Property size:
    4,040 SF
    Lot size:
    1.40 Acres
    Price / SF:
    $204/SF
    Added:
    Dec 11, 2024
    Days on Market:
    575
    Last Refresh:
    Jul 9 at 5:06 am

    Property Features for 15525 Shady Hills Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C1
    Bathrooms
    4
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
    Parking features
    Driveway, Off Street, Parking Lot
    Fencing
    Chain Link
    Standard status
    Active
    Size
    4,040 SF
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2389

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1985
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle, Metal

    We can help!

    Contact an agent
    Kimberly Armstrong

    Listing agent Kimberly Armstrong License #SL3243004

    Listing office Tropic Shores Realty LLC 3441 Deltona Boulevard, Spring Hill, FL

    Listing date Dec 11, 2024

    MLS# 2250402

    Copyright © 2026 Hernando County Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2000 SF commercial space for a restaurant, bar, pizzeria, or bakery/cafe
    • Includes a private 2000 SF mobile home in the back
    • 17x32 fiberglass pool with waterfall, salt water system, and cabana
    • Fully fenced property with chain link fencing and 24x18 storage shed
    • Mobile home: year built 2001, fully tiled, 4‑year‑old roof and 4‑year‑old HVAC system
    • Utilities include water available (well) and septic tank sewer, with central heating and central air

    Overview

    This for-sale live-work property includes a 2,000-square-foot commercial building designed to support restaurant and related concepts. The space features a metal roof and multiple outdoor areas, including front and side porches, with outdoor seating potential. A private 2,000-square-foot mobile home sits toward the back of the property and includes a 24x18 storage shed, indoor laundry, a wood-burning fireplace, and multiple bedrooms and living areas.

    The commercial portion is located along Shady Hills Road on a 1.4-acre lot within C1 zoning. The site offers surrounding recreational context next to Elsie Park, along with proximity described to schools and other nearby community development. Outdoor amenities include a fully fenced yard, a 17x32 fiberglass pool with a waterfall and saltwater system, and a cabana. The rear screened porch includes additional electrical for lighting and fans.

    For buyers or owner-operators, the combined setup provides a single site with dedicated commercial space and a separate residence for day-to-day control and flexibility. The property’s outdoor features and parking lot support customer and guest access for food-and-beverage uses while offering a private retreat in the back yard.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $87.3k $21.60
    − Vacancy −$7.0k −$1.73
    EGI $80.3k $19.87
    − OpEx −$30.1k −$7.45
    NOI $50.2k $12.42
    4,040 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $716.8K
    $627.2K – $836.3K (±1% cap)
    NOI $50,177 @ 7.0% cap · market cap 6.08%
    Second Best
    Specialty Retail
    $641.5K
    $561.3K – $748.4K (±1% cap)
    NOI $44,905 @ 7.0% cap · market cap 5.44%
    Theoretical Best
    Office A
    $920.3K
    $805.3K – $1.07M (±1% cap)
    NOI $64,420 @ 7.0% cap · market cap 7.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    Shady Hills
    County
    Pasco
    State
    Florida
    Longitude
    -82.551561
    Latitude
    28.383544

    FAQs

    What type of property is this?
    Live-work space - A C1 zoned property combining a 2,000 SF restaurant-ready space with a private mobile home and outdoor pool.
    Where is this live-work space located?
    The property is located at 15525 Shady Hills Road Shady Hills, FL.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 2000 SF commercial space for a restaurant, bar, pizzeria, or bakery/cafe; Includes a private 2000 SF mobile home in the back; 17x32 fiberglass pool with waterfall, salt water system, and cabana
    More about this property
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