Turnkey Restaurant in Crystal
508 N Citrus Ave, Crystal River, FL 34428
Fully renovated 160-seat restaurant in Crystal River's downtown.
Type:Retail
Property size:
2,952 SFLot size:
0.52 Acres- Added:
- Mar 26, 2026
- Days on Market:
- 52
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 508 N Citrus Ave
General Information
- Standard status
- Active
- Size
- 2,952 SF
- Lot size
- 0.52 Acres
- Property subtype
- Retail
Listing agent Elias George Kirallah License #BK3123414
Listing office Century 21 J W Morton Real Estate Inc
Listing date Mar 26, 2026
Source Crexi
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 Century 21 J W Morton Real Estate Inc
HighLights
- Turnkey restaurant opportunity in a prime downtown Crystal River location, recently reduced in price and fully renovated.
- Located in the Downtown Wet Area, allowing alcohol consumption throughout the district, enhancing revenue potential.
- Generous 0.52‑acre corner lot with 27 private parking spaces, a rare amenity in the downtown area.
- Strategic location with high foot traffic, boosted by interconnected trails and bike paths, attracting locals and tourists.
- Significant growth potential due to the newly completed Suncoast Parkway extension and projected population boom in Citrus County.
- Includes all furnishings and equipment (sold separately; inquire for details).
Overview
This turnkey restaurant opportunity is located in the heart of Crystal River, Florida. The 160-seat restaurant, situated on a 0.52-acre corner lot, features a 2,952-square-foot concrete block building that was fully renovated in 2019. The property includes 27 private parking spaces, supplemented by street parking and nearby public lots. The restaurant is located in the city’s Downtown Wet Area, which allows alcoholic beverages to be enjoyed throughout the district. Its strategic location ensures high foot traffic, bolstered by interconnected trails and bike paths. Within a three-mile radius, there are national retail outlets, parks, and waterways leading to the Gulf of Mexico. The property is positioned to benefit from the newly completed Suncoast Parkway extension and future planned expansions. Citrus County is projected to grow to an estimated 350,000 residents by 2030. Just 15 minutes from the restaurant, there is a customer base of 46,361 residents with an average age of 58 and a median household income of $65,000. Nearby communities include Lecanto, Beverly Hills, Inverness, and Homosassa. The restaurant was renovated to offer a modern and inviting dining experience.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Kane's Cattle Co.
Restaurant
Location Insight
- Map
- Local Demand
- City
- Crystal River
- County
- Citrus
- State
- Florida
- Longitude
- -82.5932432
- Latitude
- 28.898328
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FAQs
What type of property is this?
Conventional restaurant - Fully renovated 160-seat restaurant in Crystal River's downtown.
Where is this conventional restaurant located?
The property is located at 508 N Citrus Ave Crystal River, FL.
What are key features of this property?
This property features: Turnkey restaurant opportunity in a prime downtown Crystal River location, recently reduced in price and fully renovated.; Located in the Downtown Wet Area, allowing alcohol consumption throughout the district, enhancing revenue potential.; Generous 0.52‑acre corner lot with 27 private parking spaces, a rare amenity in the downtown area.
