14946 Us-301 Dade City, FL 33523
This fully built-out restaurant building, situated on a 0.84-acre lot at the signalized intersection of US Highway 301 and Lock Street in Dade City, Florida, presents a unique investment opportunity. The 3,884 square foot building, constructed in 1970 and extensively renovated in 2021, boasts a desirable location with excellent visibility and convenient ingress/egress. Features include a large parking lot accommodating 25 vehicles, a spacious outdoor patio, and a second-floor mezzanine dining area. The property is zoned PDEC and offers a fee simple ownership structure. With its prime location and substantial improvements, this turnkey restaurant is ready for immediate occupancy, minimizing upfront investment for the new operator. The asking price is $995,000, translating to $256.18 per square foot. The property is vacant and available for occupancy on July 25, 2024. The parcel number is 22-24-21-0000-JDR00-E040, and the address is 14946 US-301, Dade City, FL 33523. This is a one-story building on a two-story structure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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