Address
23525 State Road 40, ASTOR, FL
Price
$ 1,400,000
Property Attributes
- MLS#W7863250
- TypeCommercial
- CountyLAKE
- CityASTOR
- AreaAstor
- NeighborhoodManhattan Sec 01
- Zip32102
- StyleRestaurant
- Year Built1987
- Taxes$ 4056
- Price$ 1,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2800
- Lot Size2.44 Acres
Data Source:
Stellar MLS
Property 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”! 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/C’s 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/c’d 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.
| Price History | |
|---|---|
| 3/23/2024 | Listed $1,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Private,Water Connected |
| Roof | Metal |
| Zoning | C-1 |
| Construction Materials | Block,Wood Frame |
| Year Built | 1987 |
| Electric | 150 Amp Service,3 Phase |
| Property SubType | Restaurant |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| Accessibility | Accessible Doors |
| County | Lake |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | MANHATTAN SEC 01 |
| Facing Direction | North |
| Status | Active |
| Directions | Take 75N towards Ocala and Turn Right onto SR-40 and follow it down until you find on your left hand side of the road before you get to 17. |
| City | ASTOR |
| Buyer Agent Compensation | 2% |
| MLS Area | 32102 - Astor |
| Lot Size Square Feet | 106286 |
| Waterfront Y/N | No |
| Street Name | State Road 40 |
| Tax Annual Amount | 4056.77 |
| Property Condition | Completed |
| Public Remarks | 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 hom |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/W7863250 |
| Days on Market | 6 |
| Standard Status | Active |
| Tax Lot | 25 |
| Virtual Tour | https://youtu.be/egEqejxQVag?si=hzwae9bCdcP13vrD |
| 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 |
Interior Features
| Flooring | Ceramic Tile,Luxury Vinyl |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| LivingAreaSource | Owner |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | Over 30 Spaces |
|---|---|
| Water Source | Well |
| Lot Size Area | 2.44 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 3318 |
| Lot Dimensions | 165 x 650 |
| Lot Size Acres | 2.44 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | County Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32102
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on April 28, 2024 1:22 AM UTC The listing information on this page last changed on Last updated on April 28, 2024 1:22 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on April 28, 2024 1:22 AM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
