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$1,300,000

Est. payment - /mo

2,862 SqFt

Active

5430 N SUNCOAST BLVD Crystal River, FL 34428

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Autumn Hoffmann

autumnsellsparadise@gmail.com +1(239) 850-9070

UPDATED:

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 2,862 sqft

Price per Sqft $454

MLS Listing ID OM704300

HOA Y/N No

Year Built 1970

Annual Tax Amount $4,417

Lot Size 9.350 Acres

Acres 9.35

Property Sub-Type Restaurant

Source Stellar MLS

Property Description

Uncover the immense potential of Castaways Restaurant, a well-established Icon of Citrus County bar and grills located in the heart of Crystal River, Florida. This offering includes the business assets and the valuable real estate it sits upon, presenting a rare chance for a visionary investor or restaurateur. Expansive parcel with Limitless Potential: One of Castaways' most significant assets is its impressive 9.38-acre lot, boasting substantial US 19 frontage and depth. This generous land parcel offers far more than just ample parking. Imagine the possibilities: from hosting large outdoor events, expanding dining areas, or even developing complementary ventures. The existing paved parking is supplemented by a vast grassy area, making it ideal for various uses. This isn't just a restaurant; it's a Crystal River institution ready for growth in a booming County. Strategic Location with High Visibility: Castaways benefits from a highly visible location directly on US Highway 19 (Suncoast Blvd). This major thoroughfare sees a significant daily traffic count, ensuring constant exposure to a steady stream of potential customers. The restaurant capitalizes on this prime position to attract both local diners and tourists exploring what the Nature Coast has to offer. Established Business with Room for Growth: Currently operating as a popular bar and grill, Castaways already has a loyal customer base. The sale includes a full 4COP Liquor License, allowing for a comprehensive liquor bar to complement the homemade, hand-cooked entrees and appetizers. While already successful, there's significant potential to expand operations, optimize existing spaces, or introduce new concepts to further capitalize on the location and the burgeoning Crystal River market. Don't miss out on this exceptional opportunity to own a piece of Crystal River's thriving culinary scene with an unparalleled lot size and strategic location. Contact us today to learn more about Castaways Restaurant and unlock its full potential!

Location

State FL

County Citrus

Area 34428 - Crystal River

Zoning GNC

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Appliance Microwave, Refrigerator

Exterior

Parking Features Parking Spaces - 13 to 18

Utilities Available BB/HS Internet Capable

Roof Type Shingle

Building

Lot Description Oversized Lot

Foundation Slab

Lot Size Range 5 to less than 10

Sewer Private Sewer

Water Public

Structure Type Stucco

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM704300

Listed by REMAX REALTY ONE

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Autumn Hoffmann

Agent | License ID: SL3341539

+1(239) 850-9070

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5430 N SUNCOAST BLVD Crystal River, FL 34428

Autumn Hoffmann

Key Details

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5430 N SUNCOAST BLVD