8123 S Lecanto Hwy - Restaurant FOR SALE


Lecanto, FL 34461
$3,900,000 USD
904-687-5170
8123 S Lecanto Hwy, Lecanto, FL for Sale
$3,900,000 USD
Restaurant - FOR SALE
1/89
null | Request Cap Rate

8123 S Lecanto Hwy
Lecanto, FL 34461


HIGHLIGHTS

  • 3 Buildings on 37.33 acres included in sale, zoned GNC & AGRMH
  • Fully Equipped Upscale Commercial Restaurant -8603 sf/total
  • Event Venue - 9586 sf/total - max occupancy 399 ppl
  • Private Residence w/5246 sf living - 9312 sf/total
  • Additional 2000 sf Detached 4 car Garage, Contractors Trailer & Storage Rig also included
  • 20 acres of irrigated fields - 12 inch diesel well w/turbine gear drive motor pumps 2300 gals/min

OVERVIEW

This is an INCREDIBLY RARE opportunity to own multiple buildings with varied use, on a total of 37.33 acres, zoned both GNC (11.37 acres) & AGRMH (25.96 acres). This property includes a fully equipped Commercial Restaurant (8603 sf/total), Elegant Event Venue (9586 sf/total), Massive Primary Residence (9312 sf/total), along with a Detached Garage/Workshop (2000 sf), Contractor Trailer, Storage Rig & Pole Barn. All measurements, sizes, features, etc. in listing details are an aggregate of all 3 primary buildings & total land. Over 20 acres of this property was once a thriving blueberry farm (64 rows), irrigated by a diesel well w/turbine gear drive motor. Irrigation system pumps 2300 gals/min w/a 3406 cat engine that powers a 12 inch well pump. Citrus County is primed for growth & this is a PRIME location! Two sides of this property are bordered by the State Forest, w/1268 ft of frontage along HWY 491,& less than 5 miles from the Suncoast Parkway. The County is currently expanding its infrastructure to support the expected 30k+ additional residents predicted to move to the area by 2030. All questions regarding this property can be directed to: thatotherlaurabush@gmail.com or Call Laura Bush directly at 904-687-5170.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

37.33 AC

LAND SF

1,626,095 SF

ZONING

GNC, AGRMH

APN/PARCEL ID

19E-20S-18-0000-34000

ASK ABOUT THIS PROPERTY

Laura BushREMAX REALTY ONEMore Info
904-687-5170

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Laura BushREMAX REALTY ONEMore Info
904-687-5170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.