515 27TH Street E , 9, 10, 11

Description

Exceptional turnkey commercial acquisition opportunity in the high-growth Sarasota-Manatee market! This 2,400 SqFt second-generation restaurant and bar is comprised of three integrated commercial condo units within Two Rivers Business Park. Skip multi-year permitting delays and raw buildout CapEx. Features an active SFS 4COP Full Liquor License tied to the location, enabling seamless indoor and outdoor alcohol service and bypassing Manatee County quota waitlists. Provides massive immediate speed-to-market utility for an operator. Turnkey interior includes an open dining arena, custom bar lounge, two updated ADA restrooms, and a fully equipped commercial kitchen. Enjoy absolute peace of mind with a brand-new commercial roof (2025) and triple-zone high-efficiency HVAC array. Pro-forma base market rents range from $52,800 to $62,400 ($22.00 to $26.00/SF NNN) based on 2025/2026 local retail comps, yielding a realistic pro-forma cap rate range of 6.11% to 7.20% depending on final purchase terms. Balanced HOA budget covers water, sewer, recycling, trash, and exterior maintenance. Ideal for SBA 504 owner-occupants. Immediate occupancy!