Turnkey Bar and Restaurant
5025 TREIMAN Boulevard Dade City, FL 33523
For Sale
$699,000
COMMERCIAL - DADE CITY, FL
Property Size2,060 SF
Lot Size1.80 Acres
Price / SF$339.32
Days on Market187
Property Features for 5025 TREIMAN Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Window features
- Display Window(s)
- Appliances
- Microwave, Refrigerator
- Standard status
- Active
- APN
- R11-123-21-0810-00A0-0140
- Size
- 2,060 SF
- Lot size
- 1.80 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- RIDGE MANOR COMM UNIT 1 BLK A LOT 14, ALSO INCLUDED IS LOT 13, LOT 12, & LOT 11 FOR A TOATL OF 1.80 ACRES OF COMMERCIAL ZONING
- Tax Annual Amount
- 2382
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Block
- Roof type
- Membrane
Listing Agency:
ELITE BROKERS, LLC
(813) 312-3063
Listed By:
Greg DeLaRue · License #3244582
(813) 312-3063
Added: Jan 20
Changed: Jul 25
Last Checked: Jul 26 at 3:06PM
MLS# TB8464780
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1960, this concrete block bar and restaurant building sits on a slab foundation and includes M/F restrooms, a large office space with a closet and bathroom, a walk-in cooler, and storage space. The property is presented as a turnkey operation.
The sale includes three adjacent lots plus the subject property for a total of 1.80 acres, all commercially zoned (C1). The bar has operated with a beer/wine package license and is not currently authorized for spirits. The roof and HVAC system are approximately 10 years old.
The sale includes three adjacent lots plus the subject property for a total of 1.80 acres, all commercially zoned (C1). The bar has operated with a beer/wine package license and is not currently authorized for spirits. The roof and HVAC system are approximately 10 years old.
Key Highlights
- 1960 concrete block building on slab foundation with central heating and central A/C
- All commercially zoned 1.80 acres total, including three adjacent lots, included in the sale
- Men’s and women’s bathrooms, plus a large office space with closet and bathroom
Financial Insights For Specialty Retail
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 | $32.1k | $15.60 |
| − Vacancy | −$1.6k | −$0.78 |
| EGI | $30.5k | $14.82 |
| − OpEx | −$7.6k | −$3.70 |
| NOI | $22.9k | $11.11 |
2,060 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$327.1K
$286.2K – $381.6K
NOI $22,897 @ 7.0% cap · market cap 3.28%
Second Best
Industrial
$236.1K
$206.6K – $275.5K
NOI $16,529 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$469.3K
$410.6K – $547.5K
NOI $32,848 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Miller's Lighthouse Lounge, ...
Bar & Pub
Similar Off Market Nearby
- millers lighthouse lounge — 5034Mockingbird Dr, Ridge Manor, FL 33523
- Miller's Lighthouse Lounge, Inc — 5025 Treiman Blvd, Ridge Manor, FL 33523
FAQs
What type of property is this?
Bar & Pub - Concrete block bar and restaurant building includes walk-in cooler, storage, and an office area with M/F bathrooms.
Where is this bar & pub located?
The property is located at 5025 TREIMAN Boulevard Dade City, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1960 concrete block building on slab foundation with central heating and central A/C; All commercially zoned 1.80 acres total, including three adjacent lots, included in the sale; Men’s and women’s bathrooms, plus a large office space with closet and bathroom
