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Restaurant 104 S US Highway 41

3,266 SF Retail Building Inverness, FL 34450 £1,113,586 (£341/SF) 3.86% Net Initial Yield

Executive Summary

This is your chance to own a thriving restaurant in the heart of historic Inverness, FL! Located on busy Highway 41, just one block from Courthouse Square, this well-established business has been a community staple for 17 years. Surrounded by the government center, courthouse, and numerous local businesses, this high-visibility location is perfect for attracting steady foot traffic. Key Features include: Spacious Seating: Accommodates up to 94 guests. Ample Parking: Convenient access for patrons. Fully Equipped Kitchen: Includes 3-door freezer, 3-door refrigerator, walk-in cooler, 6-burner stove, 2 deep fryers, double convection oven, and a 5' flat top grill and much more—ready for seamless operations. Functional Layout: Separate office, two bathrooms, front staff prep area, and lobby provide excellent workflow and customer experience. Unique Addition: Upstairs apartment with bathroom, currently accessible by ladder, offering potential for live-in staff or extra income. This property offers an excellent combination of character, functionality, and history, making it a rare gem in the bustling business district. Financial documents, including an asset list, balance sheets, and income statements, are available upon request. Seize this opportunity to make your mark on a restaurant that has been cherished by the Inverness, FL community. Contact us today for more details or to schedule a private showing.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,266 SF
Building Class
B
Year Built/Renovated
1948/2016
Price
£1,113,586
Price Per SF
£341
Net Initial Yield
3.86%
NOI
£42,953
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Lot Size
0.27 AC
Zoning
CBD - Commercial C1
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
125 ft on S Highway 41

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Smoke Detector

About 104 S US Highway 41 , Inverness, FL 34450

Completely Remodeled Updated Kitchen, Bathrooms,

Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Checkers
Winn-Dixie
Buddy's Home Furnishings
Anytime Fitness
Truist
Chili's Grill & Bar
Regions Bank
Capital City Bank
Sonny"s Real Pit Bar B-Q
Publix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20E-19S-17-0050-01020-0130
Land Assessment
£139,278
Improvements Assessment
£123,576
Total Assessment
£262,854
  • Listing ID: 34252320

  • Date on Market: 20/12/2024

  • Last Updated:

  • Address: 104 S US Highway 41, Inverness, FL 34450

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