Property summary
This thriving Lake Placid, Florida diner, built in 2021, presents a fantastic opportunity for ownership. Boasting 2,500 square feet of space, the fully equipped restaurant includes a large commercial kitchen with a substantial hood system, walk-in refrigeration, and a comprehensive array of equipment. This includes tables, chairs, booths, a POS system, a three-compartment sink, flat-top grill with oven, six-burner stove with oven, two-basket fryer, steam table setup, and ample smallwares, pots, pans, stainless steel tables and shelving. Currently operating from 11 am to 3 pm, the business has significant growth potential by expanding hours to include breakfast and dinner service, catering, and event hosting within its spacious dining area. The lease expires May 31, 2026, with options to renew. The current monthly lease rate is $4,600. The business benefits from a loyal customer base and high foot traffic due to its location on a main road in a town known for antique shopping, surrounded by residential areas, businesses, and a local college. The seller is offering some financing and two weeks of training to a qualified buyer, providing a smooth transition and sharing established recipes. Three employees currently support the operation. The asking price is $99,000. This turnkey operation is ready for a new owner to capitalize on its existing success and unlock its considerable expansion potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight