Active

$849,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 2400 sq ft
Overview
  • ID: MFRA4696887
  • Bedrooms:
  • Bathrooms: 0
  • Size: 2400 sq ft
Property Details
Remarks
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 (Units 9, 10, and 11) within Two Rivers Business Park. Skip multi-year permitting delays and raw buildout CapEx. Features an active, rare SFS 4COP Full Liquor License tied to the location, enabling seamless indoor and outdoor alcohol service and saving an operator up to $350,000 in Manatee County quota license costs. The turnkey interior includes an open dining arena, custom bar lounge, two updated ADA restrooms, and a fully equipped commercial kitchen (dual hoods, grease traps, walk-in cooler/freezer, multiple burners, fryers, ovens, and POS system) in new or like-new condition. Enjoy absolute peace of mind with a brand-new commercial roof (2025) and a triple-zone high-efficiency HVAC array. Strategically located just off SR 64 / Manatee Avenue (~40,000 VPD) on highly traveled 27th Street East, capturing continuous traffic between Lakewood Ranch (12% growth since 2020) and Anna Maria Island. Features an extraordinary shared parking matrix providing roughly 22 spaces per 1,000 SqFt. Balanced HOA budget covers water, sewer, recycling, trash, and exterior maintenance with well-funded reserves, offering strong lender appeal. Ideal for SBA 504 owner-occupants looking to build equity over rent. Immediate occupancy with seller transition support available!
Financial Considerations
Price:
$849,000
HOA Fee:
N/A
Tax Amount:
$2183.55
Price per SqFt:
$353.75
Tax Legal Description:
Two Rivers Business Park a Condo Property id's 11584.01259,11584.01209,11584.01309
Exterior Features
Lot Size:
2242
Lot Features:
Corner Lot, Curb and Gutters, Industrial Condo, Shopping Center, Sidewalk, Street Lights, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Ground Level, Lighted, Over 30 Spaces, Shared Parking
Roof:
Built-Up
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Natural Gas, Zoned
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Refrigerator
Furnished:
No
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Restaurant
Style:
N/A
Year Built:
2005
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    515 27TH ST E #9, 10, 11
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