Address
1303 State Road 60 E, LAKE WALES, FL
Price
$ 599,000
Property Attributes
- MLS#T3521428
- TypeBusiness Op
- CountyPOLK
- CityLAKE WALES
- AreaLake Wales South
- NeighborhoodGelnaw Sub
- Zip33853
- StyleRestaurant
- Year Built1959
- Taxes$ 2873
- Price$ 599,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2400
- Lot Size0.3 Acres
Data Source:
Stellar MLS
Property Description
Discover an exciting opportunity with this recently renovated restaurant business situated on the bustling State Road 60. Romeos Italian Restaurant has been a cherished part of Lake Wales since 1986, offering a taste of Italy to the local community. Whether you're looking to continue the tradition of this beloved establishment or introduce a fresh culinary concept to the area, this property provides the perfect canvas for your vision. Strategically located in the heart of the Lake Wales medical district, this restaurant enjoys prime visibility and convenient access for patrons from nearby offices and beyond. Boasting a comprehensive setup for seamless operations, the restaurant comes equipped with essential amenities including a walk-in cooler, two freezers, various refrigerators, two pizza ovens, a deep fryer, a 10-burner commercial stove, two commercial ovens, and a Hobart commercial mixer. With a generous seating capacity of 90 and provisions for up to 100 guests with chairs and tables, this establishment is poised to accommodate gatherings of all sizes. Whether you're an experienced restaurateur or a budding entrepreneur, seize this exceptional opportunity to make your mark in Lake Wales' vibrant culinary scene. Don't let this chance pass you by—schedule a viewing today and embark on your next culinary adventure!
| Price History | |
|---|---|
| 4/24/2024 | Listed $599,000 |
General Features
| Cooling | Central Air |
|---|---|
| Zoning | C-3 |
| Construction Materials | Concrete |
| Year Built | 1959 |
| Property SubType | Restaurant |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| Business Type | Restaurant |
| County | Polk |
| New Construction | No |
| Property Type | Business Opportunity |
| Subdivision Name | GELNAW SUB |
| Status | Active |
| Directions | From US Hwy 27.: Exit State Raod 60 and head East. Property is on the left just before Hunt Brothers Rd |
| City | LAKE WALES |
| Buyer Agent Compensation | 2.0% |
| MLS Area | 33853 - Lake Wales South |
| Lot Size Square Feet | 13064 |
| Waterfront Y/N | No |
| Street Name | State Road 60 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 2873.77 |
| Public Remarks | Discover an exciting opportunity with this recently renovated restaurant business situated on the bustling State Road 60. Romeos Italian Restaurant has been a cherished part of Lake Wales since 1986, |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3521428 |
| Days on Market | 1 |
| Standard Status | Active |
| Tax Lot | 9 |
| Legal Description | GELNAW SUB PB 35 PG 30 BLK 1 LOT 9 E 100 FT OF W 200 FT |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Lot Size Area | 13064 |
|---|---|
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 2623 |
| Lot Size Acres | 0.3 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
| Road Frontage Type | State 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 Business Op Average in 33853
Price
Taxes
Visits
Year Built
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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 May 13, 2024 7:03 PM UTC
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© 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.
