5430 N SUNCOAST BLVD, CRYSTAL RIVER, FL, 34428
$1,300,000
Commercial Sale
Living Area
2,862 Sqft
Lot Size
407,286 Sqft
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!
Property Details
Property Features Property Features
MLS ID: MFROM704300 Year Built: 1970
Appliances: Microwave, Refrigerator Building Features: Bathrooms, Furnished, Kitchen Facility, Outside Storage
Construction Materials: Stucco Cooling: Central Air
Country: US County Or Parish: Citrus
Direction Faces: East Flooring: Vinyl
Foundation Details: Slab Heating: Central
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Lot Features: Oversized Lot Other Structures: Other, Outbuilding, Storage
Parking Features: Parking Spaces - 13 to 18 Property Sub Type: Restaurant
Property Type: Commercial Sale Road Frontage Type: Highway
Road Surface Type: Asphalt Roof: Shingle
Sewer: Private Sewer Showing Requirements: Appointment Only
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Capable
Vegetation: Oak Trees, Wooded Water Source: Public
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