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Iconic Waterfront Restaurant & Bar

1,650± SF Available
$1,700,000
Iconic Waterfront Restaurant & Bar

 

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Property Detail

One-of-a-kind opportunity. This waterfront restaurant and bar has been a Lee County institution for more than 70 years! Profits continue to rise as ownership has completed upgrades to the property including adding a new sea wall, adding new docks, etc. Tiki Hut, music venue, waterfront seating and great food (including breakfast) make this the best opportunity in Southwest Florida. This offering consists of the business, building and two lots. There are also two additional adjacent lots that can be purchased separately to total 1.84 acres. C-1 zoning allows for a wide variety of uses. This business only serves beer and wine but a full liquor license could be added and would increase revenue by an estimated 30%. Already strong retail sales could be increased by bumping up the online presence.