LAKE PANASOFFKEE, FL 33538 2396 N C 470

2396 N C 470 LAKE PANASOFFKEE, FL - Image 12396 N C 470 LAKE PANASOFFKEE, FL - Image 22396 N C 470 LAKE PANASOFFKEE, FL - Image 3
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Presented By: ERA GRIZZARD REAL ESTATE with 352-787-6966. - 352-787-6966
  • MLS# G5106723
  • 01/13/2026
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 3,568

Home Details

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. With a gross sales of just under a million and currently open 4 days a week serving lunch and dinner until 8:00 pm give the restaurant immense $$ growth potential. 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!!
Presented By: ERA GRIZZARD REAL ESTATE with 352-787-6966. - 352-787-6966

Interior Features for 2396 N C 470

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes

General for 2396 N C 470

Additional Parcels DescriptionF32-016, F32-018 & F32-019
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
CityLAKE PANASOFFKEE
Construction MaterialsWood Frame, Wood Siding
CoolingCentral Air, Zoned
CountySumter
DirectionsWildwood, go South on I-75, to right on CR 470 property will be on the left
DockY/NNo
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionBEG 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
Listing TermsCash
Living Area UnitsSquare Feet
Lot Size Square Feet88000
Lot Size UnitsAcres
MLS Area33538 - Lake Panasoffkee
New ConstructionNo
OwnershipSole Proprietor
Property ConditionCompleted
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofMetal
Standard StatusActive
StatusActive
Tax Annual Amount4949.88
Tax Lot00
Tax Year2025
UtilitiesElectricity Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1972
ZoningCH

Exterior for 2396 N C 470

Building Area Total3784
Foundation DetailsSlab
Lot Dimensions400 x 220
Lot Size Acres1.73
Lot Size Area2.0202
Number of Buildings2
Number of Lots4
Road Frontage TypeCounty Road
Road Surface TypePaved
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $1,200,000
MLS#G5106723
List Date 01/13/2026
Property Type Commercial
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