299 Broad St Groveland, FL 34736
- Drive through restaurants
- 1,320 SF
- 0.65 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 299 Broad St
- Year built
- 1985
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.65 lot acres
- Property size
- 1,320 SF
- Property type
- Drive through restaurants
- APN
- 19-22-25-0002-000-01703
- APU
- 192225000200001703
Description
This thriving restaurant, located at 299 E Broad Street in Groveland, Florida, presents a unique investment opportunity. Boasting 1,320 square feet on a 0.65-acre lot, the property enjoys a prime position on Highway 50, benefiting from high traffic volume. The restaurant features both drive-through and eat-in options, including a buffet and ample seating for patrons. Its current configuration is well-suited to its existing use, but the versatile space also lends itself to a variety of other commercial applications. The property's strategic location is further enhanced by the planned bypass connecting Highway 33 and SR 19, with a park and ride situated nearby, promising increased future traffic. Neighboring businesses include an auto parts store and a gas/convenience station, creating a synergistic commercial environment. The property benefits from a new roof installed at the end of 2023. Financial information is available upon execution of a confidentiality agreement. Seller financing may be available. The asking price of $1,000,000 does not include the business name or the chicken recipe
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Groveland
- County
- Lake
- State
- Florida
- Longitude
- -81.8528
- Latitude
- 28.5592
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
