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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 $129 000-Florida Restaurant For Sale-Near University! Tallahassee, FL 32304

2,600 SF
Property ID
Property summary
AI-generated overview

This thriving Tallahassee restaurant, ideally situated near Florida State University, presents a fantastic investment opportunity. The 2,600-square-foot space comfortably seats 110 patrons indoors and 10 outdoors, benefiting from high foot traffic and ample parking. A fully equipped, commercial kitchen features top-of-the-line appliances including a walk-in freezer and cooler, a 24-foot hood system, a Lincoln pizza oven, and a six-burner gas stove with oven – all designed for high-volume service. This asset sale includes all equipment, eliminating construction and equipment delays. The current lease, at $4,900 per month (including CAMs and taxes), runs until October 2028, with three five-year renewal options. The restaurant boasts an established customer base and proven recipes, providing a solid foundation for continued success. The sale includes a comprehensive inventory of kitchen equipment, furniture, and fixtures, making this a truly turnkey operation. The seller is relocating, creating this unique opportunity for a new owner to step in and capitalize on the existing infrastructure and loyal clientele. This is an exceptional opportunity to own a profitable restaurant in a high-demand location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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