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$1,100,000
117 Days On Site

2396 N C 470
LAKE PANASOFFKEE, FL 33538

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,568
SqFt
$308
/SqFt
1972
Built
County:
Sumter
Call Now: ‭(866) 791-9790‬
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2396 N C 4702396 N C 4702396 N C 4702396 N C 470
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Reduced !! Wonderful Offering!! Local Iconic 3,784+/- SF Restaurant & Bar with a 35-year history of proven success. Turn-key, ALL F, F & E is included. Inventory list attached. Property has 400’+/- Ft of Hwy frontage with superior visibility and easy access. The restaurant is two adjoining buildings totaling 3,784+/- SF. Site is an assemblage of 4 parcels, totaling 1.73+/- acres. Zoned Sumter County CH, heavy commercial. With a gross sales of just under a million and currently open 4 days a week serving lunch and dinner until 8:00 pm give the restaurant immense $$ growth potential. This highly desirable zoning includes many other potential uses including professional office, medical, or retail. This Central Florida location is minutes off I-75 and The Villages and less than an hour from Orlando, Ocala or Tampa. The Villages with over 150,000+ residents and still growing is the largest single site golf community in the United States bringing opportunities and growth to local established businesses in a blending of old and new. The restaurants small community is famous for Lake Panasoffkee and great fishing. Home to many tournaments Lake Panasoffkee ("Valley of Water") is a beautiful spring fed lake covering almost 4,460+/- acres offering year-round fishing and activities. Known for good food, good people, music and corn hole tournaments plus potential development opportunities make this property a “win-win” for an experienced restaurant owner or redevelopment. Do not disturb this operating business or question its employees. Sale is confidential. Financial data is available with an executed CA / Confidentiality Agreement. Shown by appointment only with listing agent. Wall décor and memorabilia does not convey. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. We have the keys to your opportunity in the sunshine state!!

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Listing Snapshot
Price 
$1,100,000
Days On Site 
117 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,568 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.73 Acres
Year Built 
1972
MLS® Number 
G5106723
Status 
Active
Property Tax 
$4,949.88
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,100,000
4 months agoListing first seen on site
General Features
Acres 
1.73
Foundation 
Slab
Property Sub Type 
Mixed Use
SqFt Total 
3784
Utilities 
Electricity Available
Zoning 
CH
Interior Features
Cooling 
Central AirZoned
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Exterior Features
Construction Details 
FrameWood Siding
Frontage 
400
Road Frontage 
County Road
Roof 
Metal
Community Features
Financing Terms Available 
Cash
MLS Area 
33538 - Lake Panasoffkee
Roads 
Paved
Township 
19S
Listing courtesy of ERA GRIZZARD REAL ESTATE (352) 205-1883



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-05-13 04:01 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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