2441 Bay Dr Largo, FL 33770-1932
This thriving Largo, Florida restaurant presents a unique investment opportunity. Established in 1996 and renovated in 2014, this 3,695 square foot, single-story building sits on a 14,785 square foot lot and offers 2,819 square feet of net rentable space. The property boasts 20 parking spaces, a significant advantage in a high-traffic area. Currently operating as a popular breakfast and lunch spot, the restaurant recently expanded to include dinner service with a beer and wine license. With 130 seats, including both indoor and outdoor dining areas, and a fully equipped kitchen, the business benefits from a loyal customer base of locals and tourists. The current owner is retiring, presenting a chance for expansion, including the addition of a liquor license and potential building additions. Located near beaches and golf courses, this turnkey operation offers immediate income potential and significant upside. The asking price is $399,000, with a price per square foot of $107.98. This is a Net Lease (NNN) property. Don't miss this chance to acquire a well-established and profitable business in a desirable location.
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Venus Restaurants Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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