0 Alexandra Dr/ Bethany Dr, Belvidere, IL 61008
This exceptional 2,649-square-foot restaurant in Ft. Pierce, FL, presents a remarkable turnkey opportunity. Formerly home to the renowned Granny's Kitchen and Lenzi's Diner, this established eatery boasts a rich history and loyal clientele. Completely renovated in 2008 and again in 2022, the building comfortably seats approximately 99 patrons. The property features a built-up metal roof and a leased security system. Utilities include electric, natural gas, municipal water, and public sewer, with a 201+ amp service. The sale includes existing equipment and fixtures. The property is zoned GC and sits on a 0 sq ft lot, with a St. Lucie County APN of 241060100260008. The building is a free-standing structure, currently operating as a single-tenant restaurant. Annual rent is $40,560 per month. An adjacent 600-square-foot space (currently leased) offers potential for expansion, ideal for a coffee shop or similar complementary business. This landmark location is perfect for a variety of culinary concepts, offering a ready-made space for immediate operation. The property is city jurisdiction and corporate owned. Two half baths are included. The minimum divisible square footage is approximately 2,704.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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