2396 N C 470, LAKE PANASOFFKEE, FL

$990,000

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3,568

Square feet

1.73

Acres

About 2396 N C 470

Commercial Income Opportunity, Zoned Heavy Commercial or Redevelopment. 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. Two adjoining buildings totaling 3,784+/- SF. Site is an assemblage of 4 parcels, totaling 1.73+/- acres. Zoned Sumter County CH, heavy commercial. Restaurant has gross sales of just under a million and currently only open 4 days a week serving lunch and dinner until 8:00 pm giving the restaurant immense $$ growth potential. Highly desirable CH zoning includes many other potential uses including professional office, medical, or retail. This Central Florida location is minutes off I-75 exit # 321 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 and bringing explosive growth to the area. 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 redevelopment 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 do 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!!

Features of 2396 N C 470

MLS® # G5115516
Price $990,000
Square Footage 3,568
Acres 1.73
Year Built 1972
Type Business Opportunity
Sub-Type Mixed Use
Status Active

Community Information

Address 2396 N C 470
Area Lake Panasoffkee
City LAKE PANASOFFKEE
County Sumter
State FL
Zip Code 33538-6162

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Zoned
Fireplace No

Exterior

Roof Metal
Foundation Slab

Additional Information

Date Listed July 24th, 2026
Days on Market 40
Zoning CH
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeERA GRIZZARD REAL ESTATE

Listing Map

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