Commercial: MLS #G5106723 Lake Panasoffkee, FL $ 1,200,000
Commercial: MLS #G5106723
$ 1,200,000
Recently Listed
Share Save

Commercial: MLS #G5106723

Lake Panasoffkee, FL, 33538
$ 1,200,000
Bedrooms-- Baths-- Sq 3,568

Monthly Estimate*

$ 7,389

MLS #/Web ID: G5106723 - Image 1
MLS #/Web ID: G5106723 - Image 2
MLS #/Web ID: G5106723 - Image 3
MLS #/Web ID: G5106723 - Image 4
MLS #/Web ID: G5106723 - Image 5
MLS #/Web ID: G5106723 - Image 6
MLS #/Web ID: G5106723 - Image 7
MLS #/Web ID: G5106723 - Image 8
MLS #/Web ID: G5106723 - Image 9
MLS #/Web ID: G5106723 - Image 10
MLS #/Web ID: G5106723 - Image 11
MLS #/Web ID: G5106723 - Image 12
MLS #/Web ID: G5106723 - Image 13
MLS #/Web ID: G5106723 - Image 14
MLS #/Web ID: G5106723 - Image 15
MLS #/Web ID: G5106723 - Image 16
MLS #/Web ID: G5106723 - Image 17
MLS #/Web ID: G5106723 - Image 18
MLS #/Web ID: G5106723 - Image 19
MLS #/Web ID: G5106723 - Image 20
MLS #/Web ID: G5106723 - Image 21
MLS #/Web ID: G5106723 - Image 22
MLS #/Web ID: G5106723 - Image 23
MLS #/Web ID: G5106723 - Image 24
MLS #/Web ID: G5106723 - Image 25
MLS #/Web ID: G5106723 - Image 26
MLS #/Web ID: G5106723 - Image 27
MLS #/Web ID: G5106723 - Image 28
MLS #/Web ID: G5106723 - Image 29
MLS #/Web ID: G5106723 - Image 30
MLS #/Web ID: G5106723 - Image 31
MLS #/Web ID: G5106723 - Image 32
MLS #/Web ID: G5106723 - Image 33
MLS #/Web ID: G5106723 - Image 34
MLS #/Web ID: G5106723 - Image 35
MLS #/Web ID: G5106723 - Image 36
MLS #/Web ID: G5106723 - Image 37
MLS #/Web ID: G5106723 - Image 38
MLS #/Web ID: G5106723 - Image 39
MLS #/Web ID: G5106723 - Image 40
MLS #/Web ID: G5106723 - Image 41
MLS #/Web ID: G5106723 - Image 42
MLS #/Web ID: G5106723 - Image 43
MLS #/Web ID: G5106723 - Image 44
MLS #/Web ID: G5106723 - Image 45
MLS #/Web ID: G5106723 - Image 46
MLS #/Web ID: G5106723 - Image 47
MLS #/Web ID: G5106723 - Image 48
MLS #/Web ID: G5106723 - Image 49
View a Virtual Tour

Commercial Property for sale in Lake Panasoffkee, FL

for $1,200,000. This 3,568 square foot building was built in 1972 on a lot size of 1.73.

Wonderful Offering!! Local Iconic 3,784+/- SF Restaurant & Bar with a 35-year history of proven success. Turn-key, ALL F, F & E is included. Inventory list attached. Property has 400’+/- Ft of Hwy frontage with superior visibility and easy access. The restaurant is two adjoining buildings totaling 3,784+/- SF. Site is an assemblage of 4 parcels, totaling 1.73+/- acres. Zoned Sumter County CH, heavy commercial. This highly desirable zoning includes many other potential uses including professional office, medical, or retail. This Central Florida location is minutes off I-75 and The Villages and less than an hour from Orlando, Ocala or Tampa. The Villages with over 150,000+ residents and still growing is the largest single site golf community in the United States bringing opportunities and growth to local established businesses in a blending of old and new. The restaurants small community is famous for Lake Panasoffkee and great fishing. Home to many tournaments Lake Panasoffkee ("Valley of Water") is a beautiful spring fed lake covering almost 4,460+/- acres offering year-round fishing and activities. Known for good food, good people, music and corn hole tournaments plus potential development opportunities make this property a “win-win” for an experienced restaurant owner or redevelopment. Do not disturb this operating business or question its employees. Sale is confidential. Financial data is available with an executed CA / Confidentiality Agreement. Shown by appointment only with listing agent. Wall décor and memorabilia does not convey. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. We have the keys to your opportunity in the sunshine state!!

See more

Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 4,949

Style

Mixed Use

Lot Size

1.73

Year Built

1972

Town/City

Lake Panasoffkee

County/Region

Sumter

MLS | Web ID

G5106723

Features
General
Cooling Central Air Zoned
Utilities Electricity Available
Roof Metal
Zoning CH
Construction Materials Wood Frame Wood Siding
Year Built 1972
Property Subtype Mixed Use
Tax Year 2025
Ownership Sole Proprietor
Additional Parcels Description F32-016 F32-018 & F32-019
County Sumter
New Construction false
Property Type Commercial Sale
Status Active
Directions Wildwood go South on I-75 to right on CR 470 property will be on the left
City LAKE PANASOFFKEE
MLS Area 33538 - Lake Panasoffkee
Lot Size Units Acres
Lot Size Square Feet 88000
Listing Terms Cash Conventional
Tax Annual Amount 4949.88
Property Condition Completed
Additional Parcels Y/N true
Virtual Tour https://wise-real-estate-photography.aryeo.com/sites/qnnoplk/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 00
Legal Description BEG AT SW COR OF NE1/4 OF SW1/ 4 RUN E TO LINE OF HARD ROAD N/LY ALONG W SIDE OF ROAD 750 FT FOR BEG RUN W 220 FT NW/LY100 FT E 220 FT SE/LY TO BEG
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
See more
Interior
Air Conditioning Y/N true
Total Baths 0
See more
Exterior
Lot Size Area 2.0202
Foundation Details Slab
Number of Buildings 2
Building Area Total 3784
Lot Dimensions 400 x 220
Lot Size Acres 1.73
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type County Road
Number of Lots 4
See more
* Excluded Features
List By
Era Grizzard Real Estate

Broker

ljodray@eragrizzard.com

Email

Affordability Calculator

$7,801
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$412
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$1,200,000 Listed Price

Map


See all