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$775,000
$323/sqft9% reduced
HOA: $1,170/moTaxes: $2,184/yr38d on market
0 Baths|2,400 Sq Ft|Built 2005
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 9% ($74,000 off original)
  • 38 days on market
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Exceptional turnkey commercial acquisition opportunity in the high-growth Sarasota-Manatee market! This 2,400 SqFt second-generation restaurant and bar is comprised of three integrated commercial condo units within Two Rivers Business Park. Skip multi-year permitting delays and raw buildout CapEx. Features an active SFS 4COP Full Liquor License tied to the location, enabling seamless indoor and outdoor alcohol service and bypassing Manatee County quota waitlists. Provides massive immediate speed-to-market utility for an operator. Turnkey interior includes an open dining arena, custom bar lounge, two updated ADA restrooms, and a fully equipped commercial kitchen. Enjoy absolute peace of mind with a brand-new commercial roof (2025) and triple-zone high-efficiency HVAC array. Pro-forma base market rents range from $52,800 to $62,400 ($22.00 to $26.00/SF NNN) based on 2025/2026 local retail comps, yielding a realistic pro-forma cap rate range of 6.11% to 7.20% depending on final purchase terms. Balanced HOA budget covers water, sewer, recycling, trash, and exterior maintenance. Ideal for SBA 504 owner-occupants. Immediate occupancy!

County
Manatee
Zip Code
34208

Neighborhood

Map unavailable

Type
Restaurant
Living Area
2,400 sqft
Construction
Block, Stucco
Roof
Built-up
Flooring
Tile
Pool
None
HOA
$1,170 / Monthly
  • Dishwasher
  • Microwave
  • Refrigerator
  • Corner Lot
  • Curb And Gutters
  • Industrial Condo
  • Shopping Center
  • Sidewalk
  • Street Lights
  • Paved
  • Public
  • Water Connected
  • Curbs
  • Sidewalks
Bedrooms
Bathrooms
0
Year Built
2005
Construction
Block, Stucco
Flooring
Tile
Roof
Built-up
Garage Spaces
0
Cooling
Central Air
Heating
Central, Natural Gas, Zoned
Waterfront
No
Pet Restrictions
Lot Size
0.05 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$2,184

Association Fees

  • HOA Fee

    Bob Rotondo

    $1,170/ Monthly

Down Payment20% — $155,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$3,919
HOA Fee
$1,170
Est. Property Tax
$182
Est. Insurance
$258
Total Est. Monthly Cost$5,529

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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