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Restaurant Business with Patio
New
For Sale
$900,000

Cape Coral, FL 33904, Cape Coral, FL 33904

CommercialSale, Cape Coral, FL

Property Size2,600 SF
Lot Size0.19 Acres
Price / SF$346.15
Days on Market1

Property Features

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description MXB
Subdivision CC12 - Cape Coral Unit 7-15
Standard status Active
Lot size 0.19 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5585

Building Details

Year built 1968
Floors in Building 2
Listing Agency: Krise Commercial Group, LLC
Listed By: Marjan Rumija · License #258025749
Added: Oct 28 Last Checked: Oct 28 at 6:06PM
MLS# 2026045281

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Cape Coral restaurant offering combines the business and trade name with the physical restaurant, equipment, furniture, and fixtures. The 2,600-square-foot space includes a patio, and the restaurant has undergone remodeling. The package also includes a transferable 51/49 liquor license.

The property sits on a 0.19-acre lot in Cape Coral, Florida. The building was constructed in 1968.

Key Highlights

  • Restaurant sale includes the business, trade name, equipment, furniture, and fixtures
  • 2,600 SF of restaurant space plus patio
  • Transferable 51/49 liquor license included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,278
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,560 $825.6K
Cap Rate 7%
$589,686 $589.7K
Cap Rate 9%
$458,644 $458.6K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$56.2K $21.60/SF
− Vacancy
−$1.1K −$0.43/SF
EGI
$55.0K $21.17/SF
− OpEx
−$13.8K −$5.29/SF
NOI
$41.3K $15.88/SF
Area
Cape Coral, FL
Vacancy
2.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,560
Cap Rate 7%
$589,686
Cap Rate 9%
$458,644

Alternative Uses

Best Use
Specialty Retail
$589.7K
$516.0K – $688.0K (±1% cap)
NOI $41,278 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$674.6K
$590.3K – $787.1K (±1% cap)
NOI $47,224 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Ichiyummy Sushi & Hibachi — 3922 Del Prado Blvd S, Cape Coral, FL 33904

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes the operating business, trade name, transferable liquor license, and new equipment, furniture, and fixtures.
Where is this conventional restaurant located?
The property is located at Cape Coral, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Restaurant sale includes the business, trade name, equipment, furniture, and fixtures; 2,600 SF of restaurant space plus patio; Transferable 51/49 liquor license included
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