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23525 State Road 40
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PRICED AT ONLY: $1,200,000

Address: 23525 State Road 40, ASTOR, FL 32102

Description

Welcome to the Castaways Bar and Grill where locals come to dine from 11 9 daily and on the weekends are known for their fantastic brunches with mimosas and fantastic food that is known for their home cooking and personal touch! Many many clients fly in via their HELICOPTERS and have permission to land right next to the parking lot in the open acreage! These types of visits occur on a regular basis which makes this a fantastic destination for many from all over. This restaurant sits on 2.5 acres and has plenty of grassy area on top of their paved parking which enables them to do multiple things from events to storage to you name it. This restaurant has been owned and operated by the same owner for the last decade and is minutes from the local river so locals drop in before and after their day trips enjoying all Florida has to offer. The place has seating for 172 inside and also has some seating outside in the front and in the back. Out back has a covered bar area as well. There is also a party room inside that many local clubs reserve for functions and often times the kitchen will supply a buffet for those reservations. The roof was replaced 4 years ago with a metal roof and will last the test of time and there are 4 A/Cs that are each 5 tons. They have 32 employees that all love where they work from waitstaff to cooks, to managers and dishwashers and they all would like to stay and keep their jobs. They have a SRX Liquor License which enables them to have a full liquor bar to serve their customers along with the homemade hand cooked and prepped entrees and appetizers. The kitchen makes up around 8 900 square feet of the a/cd interior and the dining and customer area is a little larger than 2,000 square. In the kitchen we have walk in coolers and a freezer, five deep fryers, a 36 flat top with two burners, a 30 charbroiler, a salamander to melt cheese etc, a salad bar cooler, inventory on hand is equal to about 100k, and about 30k in liquor. They use a Point of Sale System by the name of HARBOR TOUCH with 5 places to enter throughout the restaurant for ease of the employees and traffic.
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  • MLS#: W7863250 ( Commercial Sale )
  • Street Address: 23525 State Road 40
  • Viewed: 1
  • Price: $1,200,000
  • Price sqft: $362
  • Waterfront: No
  • Year Built: 1987
  • Bldg sqft: 3318
  • Days On Market: 274
  • Acreage: 2.44 acres
  • Additional Information
  • Geolocation: 29.163 / -81.5504
  • County: LAKE
  • City: ASTOR
  • Zipcode: 32102
  • Subdivision: Manhattan Sec 01
  • Provided by: MCCULLOUGH & ASSOC REALTY INC
  • Contact: Kevin McCullough
  • 727-237-4940
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Living Area: 2800.00
  • Roof: Metal
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Over 30 Spaces
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Electric: 150 Amp Service, Three Phase
  • Heating: Central
  • Road Frontage Type: County Road
  • Sewer: Public Sewer
  • Utilities: Private, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 340000.00
  • Tax Year: 2023
Other Features
  • Accessibility Features: Accessible Doors
  • Country: US
  • Legal Description: MANHATTAN SEC 1 E 450 FT OF S 1/2 OF LOT 25--LESS HWY & LESS FROM SE COR OF LOT 25 RUN N 0-03-27 W 47.08 FT TO THE INTERSECTION WITH N'LY R/W LINE OF SR 40 FOR POB CONT N 0-03-27 W ALONG SAID E LINE OF LOT 25 A DIST OF 611.16 FT S 89-59-17 W 284.14 FT S 0-01-40 W 640 FT N 89-59-17 E 48.58 FT TO THE INTERSECTION WITH N'LY R/W LINE OF SR 40 SAID PIONT BEING ON A CURVE CONCAVE S'LY & HAVING AS ITS ELEMENTS A CENTRAL ANGLE OF 06-58-06 & A RADIUS OF 1960.08 FT THENCE E'LY ALONG THE ARC OF SAID CURVE & SAID R/W LINE A DIST OF 238.33 FT TO POB--PB 2 PG 13 ORB 5389 PG 1465
  • Area Major: 32102 - Astor
  • Parcel Number: 07-15-27-0100-000-02501
  • Zoning Code: C-1

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