2000 Sq Ft, Sarasota, FL 34231
This exceptional restaurant opportunity in Sarasota, Florida, presents a unique chance to establish or expand your culinary venture. Located in Sarasota County, zip code 34231, this 2,000 square foot retail space is available for $164,000. The current lease expires May 31, 2025, with a five-year option available, offering lease stability. The monthly lease rate is $2,400. The property boasts existing restaurant infrastructure, including a fully equipped commercial kitchen. This includes a range of appliances such as three induction burners, a double convection oven, multiple refrigerators and freezers, a triple bay sink, prep tables, shelving, and various smallwares. The existing equipment significantly reduces start-up costs compared to building from scratch. The space is adaptable to various restaurant concepts, allowing for creative design and customization. The seller's relocation necessitates a quick sale, making this a highly attractive investment opportunity in a thriving Sarasota market. The current tenant employs one person. While there is no hood system, the space offers potential for indoor seating. This is an ideal opportunity for entrepreneurs seeking a cost-effective entry into the Sarasota food scene. Seller financing is not available. Inventory is not included in the asking price.
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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