1303 Del Prado Boulevard S, Cape Coral, FL 33990

$1,500,000

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Property Description

LISTED FOR $1,700,000, $600,000 UNDER APPRAISED VALUE COMPLETED SEPTEMBER 2023 BY MAXWELL-HENDRY & SIMMIONS. ANTHONY'S ON THE BOULEVARD; A HOMETOWN LOCALS RESTAURANT IS VERY SUCCESSFUL AND HAS MANY FEATURES NOT GENERALY FOUND IN THIS MARKET. 1) 2 BARS, INSIDE SEATING ABOUT 75 AND PATIO BAR SEATING APPROXIMATELY 18, PLUS SEVERAL ADDITIONAL 4-TOP TABLES. 2) TOTAL SEATING 216 BY CODE "INSIDE". 3) A SUCCESSFUL NEIGHBORHOOD BAR AND GRILL. 4) HAS A GOOD CUSTOMER BASE. 5) ESTABLISHED IN 2007 AND DUE TO HURRICANE IAN AND ROOF DAMAGE, WAS CLOSED FOR 2 YEARS, (NO FLOODING). NOW OPEN SINCE NOVEMBER 2024 AND OVER $500,000 IN UPGRADES INCLUDING, NEW ROOF, UPGRADED ELECTRIC, NEW ROOF VENTS, HURRICANE WINDOWS ON SECOND FLOOR, INTERIOR PAINTING WITH NEW CEILING IN AREAS AND CEILING FANS. OWNER OCCUPIED AND IDEAL FOR THE INVESTOR/OWNER/OPERATOR THAT WOULD ENJOY THE UPSIDE THAT THIS RESTAURANT AND LOCATION HAS TO OFFER. (TURNKEY IN FULL OPERATION) CALL FOR AN APPOINTMENT FOR A SHOWING. THE OWNER/OPERATOR WILL BE THERE TO ANSWER ANY QUESTIONS THAT A CREDIT BUYER MIGHT HAVE. THE SALE IS CASH AT CLOSING AND NOT DISTRESSED IN ANY WAY..... INCLUDED IN THE SALE IS ALL FURNITURE, FIXTURES, EQUIPMENT, INVENTORY, CUSTOMER BASE AND REAL ESTATE. EXCELLENT UPSIDE POTENTIAL AND VALUE PRICED. REAL ESTATE INCLUDED ARE LOTS 21,22,23,24,25 AND 27. IN BLOCK 1265 FOR A TOTAL OF 26,000 SQ. FT. +/-

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Courtesy of Phil Deems Real Estate

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