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5245 Limestone Dr
Port Richey, FL 34668
FAMOUS Waterfront Restaurant · Retail Property For Sale

Investment Highlights

  • OVER 1.07 ACRE , 4 LOTS, C2 COMMERCIAL ZONED WATERFRONT COTEE RIVER
  • LARGE over 2500 SF FULL KITCHEN has multiple prep stations, multiple cook stations, automatic commercial dishwasher, a walk-in refrigerator and
  • RESTAURANT INCLUDED , 249 SEATING SRX LIC HIGH GROSS VOLUME
  • WATERFRONT RESTAURANT Hospitality MARINA wet slip docking FOR SALE

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
13,317 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
2 Stories
Building FAR
1.33
Lot Size
0.23 AC
Zoning
C2 - C2 COMMERCIAL RESTAURANT BAR CLUB RETAIL
Frontage
400’ on LIMESTONE US 19 COTEE RIV

Amenities

  • Pylon Sign
  • Waterfront

About 5245 LIMESTONE DR , PORT RICHEY, FL 34668

The business has a loyal customer base and a strong online presence.restaurant land, all the equipment, inventory and FF&E...The property is improved as a full-service restaurant and bar with a gross 7,584 Sq. Ft. (5,470 effective Sq. Ft.) on two floors built in 2000 updated in 2021 including an open patio and dock hosting 6 deep water boat slips. The subject property has 118’ of water frontage, an indoor dining room with a full-service bar (beer, wine, liquor), an open-air covered dining room with a full-service bar ((beer, wine, liquor), and a stage area for entertainment. An extensive outdoor patio seating area abuts the water frontage, and lastly there is an upstairs banquet room. Every dining/bar area has a direct view of the river. Each floor has ADA compliant women’s and men’s restroom. The kitchen has multiple prep stations, multiple cook stations, automatic commercial dishwasher, a walk-in refrigerator and a walk-in freezer. Parking consists of 3 lots with the main parking area paved and having multiple handicap parking spaces. a popular waterfront restaurant and bar located at 5245 Limestone Dr in Port Richey, is now available for sale. This turnkey business and real estate opportunity offers a prime location with stunning water views and easy access to the Gulf of Mexico. The restaurant features a full kitchen, indoor and outdoor seating, a full bar, and a stage for live music and entertainment. The business has a loyal customer base and a strong online presence.restaurant land, all the equipment, inventory and FF&E and those 2 additional parcels (additional parking) and the docks that are all included in the sale. Main dinning area: 2020 & 2021 rebuilt the new bar, plumbing, sinks, new coolers, new daiquiri machines, all new TV’s, liquor shelves, etc. added new gift shop/host area, music box, new tile restrooms, new fixtures, new divides in restrooms, epoxy floor throughout main areas of restaurant (dinning room, bar, restrooms, host area, and server alley) new tables, chairs & bar stools throughout the inside. This is an excellent opportunity for a new owner to take over a successful business in a thriving area. The sale includes the business, real estate, and all equipment and inventory. Don't miss your chance to own this iconic waterfront establishment. Contact us today to learn more. thank you, PLEASE CALL FOR MORE INFORMATION Frank G Frank@TeamGrimaldi.co

Property Taxes

Property Taxes

Parcel Number
32-25-16-0000-01600-0010
Land Assessment
$161,692
Improvements Assessment
$671,903
Total Assessment
$833,595
  • Listing ID: 28621837

  • Date on Market: 5/31/2023

  • Last Updated:

  • Address: 5245 Limestone Dr, Port Richey, FL 34668

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