Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
4,100 SF
Price / SF
$389
NOI
$96,000
Year built
1965
The offering
Location, Location, Location! Situated right off Route 6, this well-positioned restaurant offers excellent visibility and accessibility. The space features a full-service bar and accommodates approximately 100 guests, making it ideal for a variety of dining concepts, especially with the outdoor patio. The restaurant generates $8,000 per month in rental income and has a 5 year lease. Ample parking is available with around 30 spaces located at the rear and side of the property for customer convenience. Above the restaurant, you’ll find a spacious two-bedroom apartment currently occupied by a month-to-month tenant generating $3,000 per month in rental income - providing an immediate additional revenue stream. This is a fantastic opportunity for an owner-operator or investor seeking a high-visibility location with built-in income potential.
Building & site
Interest conveyedFee simple
Gross building area4,100 SF
Building typeRetail
Property typeRetail
Year built1965
WaterPublic
SewerPublic Sewer
HeatHot Air, Natural Gas, Oil
Tax parcel55540015.19-1-25
Parking spaces30
Electric utilityCon-Edison
Income & tenancy
Gross income (as reported)
$96,000
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2025 taxes
$23,133
Assessed value
$14,550
Land assessment
$1,550
Full market value
$0
Owner of record
AUGIE'S PRIME CUT INC.
School district
Lakeland
Property class
421
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.