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Property profile & analytics
FOR SALE
Commercial real estate

104 Us Highway 41 S Inverness, FL 34450

3,266 SF 0.27 ac lot Built 1948
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-2567423
Property summary
AI-generated overview

This exceptional restaurant opportunity is located at 104 US Highway 41 S, Inverness, Florida. Boasting 3,266 square feet on a 0.26-acre lot, this well-established business has served the Inverness community for 17 years. Its prime location, just one block from Courthouse Square and surrounded by government buildings and other businesses, ensures high visibility and consistent foot traffic. The spacious interior comfortably seats up to 94 guests, and ample parking is readily available. The fully equipped kitchen is a chef's dream, featuring a 3-door freezer, 3-door refrigerator, walk-in cooler, 6-burner stove, 2 deep fryers, a double convection oven, and a 5' flat top grill, among other essential equipment. The functional layout includes a separate office, two bathrooms, a front staff prep area, and a welcoming lobby, all designed to optimize workflow and enhance the customer experience. A unique feature is an upstairs apartment with a bathroom, currently accessed by a ladder, offering potential for live-in staff or additional income generation. This property presents a rare blend of charm, functionality, and a rich history, making it a truly exceptional offering in Inverness' vibrant business district. Detailed financial records, including an asset list, balance sheets, and income statements, are available for serious inquiries. This is a chance to acquire a turnkey operation with significant potential for continued success. The asking price is $1,400,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMON AREA (COMMERCIAL)
Year built 1948
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,266 SF
Lot 0.27 ac (11,673 SF)
Zoning code CBD CENTRAL BUSINESS DIST
APN 20E-19S-17-0050-01020-013.0
UPID US18-2567423
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mama's Kuntry Kafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lisa Vasquez White · 4 yrs held
Lisa Vasquez White
since 2021
Last sale
$450,000
4 recorded transactions
2021
$450,000
2015
$45,500
1998
Price N/A
1969
Price N/A
Zoning & alternative use
CBD CENTRAL BUSINESS DIST · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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