Restaurant | 104 S US Highway 41
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Restaurant 104 S US Highway 41
3,266 SF Retail Building Inverness, FL 34450 $1,526,644 CAD ($467 CAD/SF) 3.86% Cap Rate
Executive Summary
This is your chance to own a thriving restaurant in the heart of historic Inverness, FL! Located on busy Highway 41, just one block from Courthouse Square, this well-established business has been a community staple for 17 years. Surrounded by the government center, courthouse, and numerous local businesses, this high-visibility location is perfect for attracting steady foot traffic. Key Features include: Spacious Seating: Accommodates up to 94 guests. Ample Parking: Convenient access for patrons. Fully Equipped Kitchen: Includes 3-door freezer, 3-door refrigerator, walk-in cooler, 6-burner stove, 2 deep fryers, double convection oven, and a 5' flat top grill and much more—ready for seamless operations. Functional Layout: Separate office, two bathrooms, front staff prep area, and lobby provide excellent workflow and customer experience. Unique Addition: Upstairs apartment with bathroom, currently accessible by ladder, offering potential for live-in staff or extra income. This property offers an excellent combination of character, functionality, and history, making it a rare gem in the bustling business district. Financial documents, including an asset list, balance sheets, and income statements, are available upon request. Seize this opportunity to make your mark on a restaurant that has been cherished by the Inverness, FL community. Contact us today for more details or to schedule a private showing.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,266 SF
Building Class
B
Year Built/Renovated
1948/2016
Price
$1,526,644 CAD
Price Per SF
$467 CAD
Cap Rate
3.86%
NOI
$58,885 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.27 AC
Zoning
CBD - Commercial C1
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
125 ft on S Highway 41
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Smoke Detector
About 104 S US Highway 41 , Inverness, FL 34450
Completely Remodeled Updated Kitchen, Bathrooms,
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 20E-19S-17-0050-01020-0130 | Improvements Assessment | $224,584 CAD |
Land Assessment | $253,119 CAD | Total Assessment | $477,703 CAD |
PROPERTY TAXES
Parcel Number
20E-19S-17-0050-01020-0130
Land Assessment
$253,119 CAD
Improvements Assessment
$224,584 CAD
Total Assessment
$477,703 CAD
1 of 23
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Restaurant | 104 S US Highway 41
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.