About This Restaurant
Investment Highlights
Heavy Daytime & Night Foot Traffic Brand New Kitchen & Restaurant Build-Out Busy entertainment district
Executive Summary
This 8,000 SF property includes 3 PIDs and is currently being remodeled to one large restaurant with 151 seats. Completion date set for June 1, 2024. Final build-out will feature 2 expansive bar areas, multiple dining rooms including booth seating, low and high top table seating, and a brand new commercial kitchen. The property has a new roof, new ADA compliant restrooms, 7 new HVAC systems, walk-in cooler, and point of sale system.The restaurant will be able to be sectioned off for private parties and has a stage on one side for live music. This is a turn-key establishment that will WOW its new owner!The former Rebellion Night Club located in the heart of the Restaurant/Bar/Entertainment district of South/Central Sarasota known as Gulf Gate and is just minutes from the south bridge to Siesta Key.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 3,515
- Building Class B
- Year Built 2019
- Price 3,600,000
- Price Per SF 1,024
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 0.79 AC
Date Created: | 2024-07-16 04:13:31 | Last Updated: | 2024-07-16 04:13:31 |
Address: | 6523-6531 Gateway Ave 34231, Sarasota, Florida, |