For Sale
$1,000,000

299 Broad St Groveland, FL 34736

Busy Hwy 50 restaurant, great location.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This thriving restaurant, located at 299 E Broad Street in Groveland, Florida, presents a unique investment opportunity. Boasting 1,320 square feet on a 0.65-acre lot, the property enjoys a prime position on Highway 50, benefiting from high traffic volume. The restaurant features both drive-through and eat-in options, including a buffet and ample seating for patrons. Its current configuration is well-suited to its existing use, but the versatile space also lends itself to a variety of other commercial applications. The property's strategic location is further enhanced by the planned bypass connecting Highway 33 and SR 19, with a park and ride situated nearby, promising increased future traffic. Neighboring businesses include an auto parts store and a gas/convenience station, creating a synergistic commercial environment. The property benefits from a new roof installed at the end of 2023. Financial information is available upon execution of a confidentiality agreement. Seller financing may be available. The asking price of $1,000,000 does not include the business name or the chicken recipe

Property Details for 299 Broad St

Property type
Commercial real estate
Square Feet
1,320 SF
Year Built
1985
Lot Size (sq. ft)
28,314 SF

Location Insight

City
Groveland
County
Lake
State
Florida
Latitude
28.55903
Longitude
-81.8527

FAQs

What type of property is this?
Commercial real estate - Busy Hwy 50 restaurant, great location.
Where is the commercial real estate located?
The property is located at 299 Broad St Groveland, FL.
What is the asking price?
The asking price for this property is $1,000,000.
How can I contact the broker?
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299 Broad St
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