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Turn Key Restaurant 987 S Packinghouse Rd 4,878 SF Retail Building Sarasota, FL 34232 $1,595,000 ($326.98/SF)
Investment Highlights
- ±2,015 SF restaurant (±4,878 SF gross)
- Turn Key operation
- Covered outdoor event and gathering space + stage area for live entertainment
- Qualifies for 4COP SFS Full Liquor License
- Full commercial kitchen with hood system and grease trap
- Flexible opportunity for owner-users, investors, or restaurant operators
Executive Summary
American Property Group of Sarasota, Inc. presents 987 S Packinghouse Rd, Sarasota, FL
Property Type: Restaurant Real Estate for Sale
Property Size: ±2,015 SF (±4,878 SF Gross Area)
Lot Size: ±27,285 SF
Rare opportunity to acquire a freestanding restaurant property in Sarasota with a long history as a popular dining destination. Situated on a ±27,285 SF parcel just off Fruitville Road, the property offers excellent accessibility, ample on-site parking, and a distinctive Old Florida atmosphere.
The building is configured for restaurant use and features indoor dining areas, covered outdoor seating, a full commercial kitchen, bar area, and a covered outdoor gathering space suitable for dining, entertainment, or private events. The property's established restaurant layout and infrastructure make it well-suited for a variety of food and beverage concepts.
The sale includes the real estate, assets, and restaurant improvements only. The business, trade name, and operating entity are not included.
Do not disturb tenant or employees.
Property Type: Restaurant Real Estate for Sale
Property Size: ±2,015 SF (±4,878 SF Gross Area)
Lot Size: ±27,285 SF
Rare opportunity to acquire a freestanding restaurant property in Sarasota with a long history as a popular dining destination. Situated on a ±27,285 SF parcel just off Fruitville Road, the property offers excellent accessibility, ample on-site parking, and a distinctive Old Florida atmosphere.
The building is configured for restaurant use and features indoor dining areas, covered outdoor seating, a full commercial kitchen, bar area, and a covered outdoor gathering space suitable for dining, entertainment, or private events. The property's established restaurant layout and infrastructure make it well-suited for a variety of food and beverage concepts.
The sale includes the real estate, assets, and restaurant improvements only. The business, trade name, and operating entity are not included.
Do not disturb tenant or employees.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,878 SF
Building Class
C
Year Built
1945
Price
$1,595,000
Price Per SF
$326.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.63 AC
Zoning
I - Industrial
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0048-09-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $418,844 |
Property Taxes
Parcel Number
0048-09-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$418,844
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Turn Key Restaurant | 987 S Packinghouse Rd