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Listed by Laura Grady • Century 21 J.W.Morton R.E.
$199,000
Est. payment /mo
Price Dropped by $36K
963 N Suncoast BLVD Crystal River, FL 34429
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Not On List
MLS Listing ID 836985
HOA Y/N No
Property Sub-Type Business
Property Description
Exciting Opportunity to Own a Thriving Restaurant Business in Crystal River! Here's your chance to own The Olive Tree Restaurant, a well-established and beloved eatery in the heart of Crystal River. Currently open for breakfast and lunch, this restaurant also offers the potential to expand into dinner service. The sale includes a beer and wine license, making it a great option for diverse menu offerings. The Olive Tree boasts just under 500 square feet of efficient kitchen and prep space, along with a separate pantry for storage. Included inventory features kitchen equipment, walk-in coolers, booths, tables, chairs, and more. The restaurant occupies a leasable area of approximately 4 units with a total of 3200 square feet (mol), with an estimated 700 square feet of space that is currently used for storage that could be converted into extra dining space or repurposed as a bakery, coffee shop, or wine bar. Conveniently located just minutes from the Crystal River airport and Suncoast Parkway, this prime location sees an impressive annual average daily traffic count of 31,000 vehicles, ensuring a steady stream of potential customers. This is the perfect opportunity to turn your dream of restaurant ownership into reality. Don't miss out—schedule your tour today!
Location
State FL
County Citrus
Area 16
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Utilities Available High Speed Internet Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard, Listed As-Is
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