See all 46 photos

Listed by Kevin D Cunningham • RE/MAX Realty One

$1,300,000

Est. payment - /mo

Save

9.35 Acres Lot

Active

5430 N Suncoast BLVD Crystal River, FL 34428

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Jun

Thu

Jun

Fri

Jun

Sean Bates

sean@realtorseanbates.com +1(813) 413-1147

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Not On List

MLS Listing ID 845190

HOA Y/N No

Year Built 1970

Annual Tax Amount $4,417

Tax Year 2024

Lot Size 9.350 Acres

Acres 9.35

Property Sub-Type Retail

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 15

Zoning GNC

Interior

Interior Features High Ceilings

Heating Central, Electric

Cooling Central Air

Flooring Vinyl

Fireplace No

Exterior

Exterior Feature Rain Gutters, Blacktop Driveway

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Shingle

Present Use Restaurant

Building

Lot Description Acreage, Flat, Multiple lots

Story 1

Entry Level One

Foundation Slab

Sewer Septic Tank

Water Public

Level or Stories One

Additional Building Shed(s)

New Construction No

Others

Tax ID 1050685

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

GET MORE INFORMATION

Sean Bates

Team Lead | SL3271378

+1(813) 413-1147

5430 N Suncoast BLVD Crystal River, FL 34428

Sean Bates

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

5430 N Suncoast BLVD