859 Us Hwy 41 Inverness, FL 34450-6893
- Turn key restaurants
- 1,920 SF
- 0.31 lot acres
Current Use by Public Records
- Darrell's Diner / Restaurant
- Amyahs dance / Gym
Property Details for 859 Us Hwy 41
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.31 lot acres
- Property size
- 1,920 SF
- Zone code
- GNC GEN COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 20E-19S-21-0020-02010-110.0
- APU
- 20E19S210020020101100
Description
This exceptional opportunity presents a well-established restaurant for sale in Inverness, Florida. The 1,920 square foot building sits on a 0.77-acre lot (two parcels: 0.31 acres with building and parking, plus a contiguous 0.46-acre vacant parcel) and boasts a prime location on US Hwy 41 S, offering over 125 feet of road frontage and exceptional visibility. The property benefits from convenient street-to-street access, extending to Southerly Avenue, and enjoys proximity to a signalized intersection. US Hwy 41 sees an average daily traffic count of 16,200 vehicles (FDOT 2023 data). The building itself is a single-story concrete block structure with two separate public entrances, a main dining room with seating for 50+ (with expansion potential), two public restrooms, an employee office and restroom, a large, efficiently designed kitchen, servers' station, check-out counter, and walk-in refrigeration. The roof was replaced in 2015. Currently operating as a breakfast and lunch establishment, the restaurant has the potential to expand its hours to include dinner service. The permitted zoning is GNC. This turnkey operation is ideal for an aspiring restaurateur or an established brand seeking expansion. An equipment list is available upon request. The asking price is $350,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $310,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $320,000
- Mixed-Use
- $325,000
- Hospitality
- $320,000
- Educational
- $370,000
- Residential Income
- $290,000
- Energy
- $315,000
- Income-Based Land
- $385,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Inverness
- County
- Citrus
- State
- Florida
- Longitude
- -82.318
- Latitude
- 28.8211
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
