Address
5402 W U.S. Hwy 92, PLANT CITY, FL
Price
$ 1,499,000
Property Attributes
  • MLS#T3516827
  • TypeCommercial
  • CountyHILLSBOROUGH
  • CityPLANT CITY
  • AreaPlant City
  • NeighborhoodUnplatted
  • Zip33566
  • StyleBusiness
  • Year Built1928
  • Taxes$ 2128
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1716
  • Lot Size12,632 SqFt
Data Source:
Stellar MLS
Property Description

Welcome to a lucrative investment opportunity in the heart of a rapidly expanding community! This turnkey bar, boasting a coveted COP license, is now available for acquisition. Strategically situated between Thonotosassa and Plant City, this family-owned and operated establishment has been a beloved local hangout for 17 successful years. Equipped with a versatile COP license, this property offers the unique advantage of not only serving liquor on-site but also operating as a package liquor store. Additionally, the license permits the hosting of private events both in the dedicated banquet-style space on-site and by external parties. Upon acquisition, you'll inherit a fully furnished space complete with all fixtures, furniture, and operational essentials. This includes 16 taps, an ice machine, four flat-screen TVs for patrons' entertainment, and an on-premises ATM for convenience. The business model further benefits from leased assets, including a jukebox and two pool tables, with a profit-sharing arrangement ensuring a steady income stream. This strategic partnership mitigates the financial burden of equipment maintenance and upkeep. Not just a local hotspot, this establishment attracts patrons from far and wide, making it a vibrant hub for both community regulars and curious visitors. With a functional website and established online presence, reaching and retaining customers is streamlined and effective. With minimal overheads and an established revenue stream, new owners can start generating profits immediately upon takeover. Whether you're a seasoned investor or an entrepreneur looking for a thriving business opportunity, this well-maintained money maker promises a seamless transition and abundant potential for growth. Don't miss your chance to own a piece of this flourishing community and secure your foothold in the dynamic hospitality industry. Act now to capitalize on this rare chance to own a bar with endless possibilities for success.

Price History
4/8/2024 Listed $1,499,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Capable,Electricity Available,Public,Water Connected
Roof Concrete
Appliances Dishwasher,Refrigerator
Zoning CG
Security Features Closed Circuit Camera(s),Security System,Smoke Detector(s)
Construction Materials Block
Year Built 1928
Levels One
Property SubType Business
Tax Year 2023
Percent Ownership Sole Proprietor
Accessibility Accessible Doors
County Hillsborough
New Construction No
Property Type Commercial Sale
Subdivision Name UNPLATTED
Building Features Bathrooms,Dumpsters,Furnished,Seating,Solid Surface Counter,Stone Counter
Status Active
Directions Head east on FL-574 E/E Dr Martin Luther King Jr Blvd./Martin Luther King Blvd. toward Dover Road,turn left on Bethlehem Road,turn right onto US-92 E/E Hillsborough Ave,the property will be on the le
City PLANT CITY
Buyer Agent Compensation 3%-$395
MLS Area 33566 - Plant City
Lot Size Square Feet 12572
Waterfront Y/N No
Street Name U.S. Hwy 92
Listing Terms Private Financing Available
Tax Annual Amount 2128
Property Condition Completed
Public Remarks Welcome to a lucrative investment opportunity in the heart of a rapidly expanding community! This turnkey bar,boasting a coveted COP license,is now available for acquisition. Strategically situated b
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3516827
Standard Status Active
Tax Lot 1
Legal Description E 165 FT OF SW 1/4 OF NE 1/4 N OF SR 600 LESS E 25 FT FOR RD ...... THAT PART OF SW 1/4 OF NE 1/4 N OF SR 600 LESS W 1120 FT AND LESS E 165 FT
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Concrete
Air Conditioning Y/N Yes
Heating Y/N Yes
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features 19 to 30 Spaces
Lot Features Corner Lot,Curb and Gutters,Neighbourhood,Sidewalk,Street Lights
Water Source Public
Lot Size Area 12572
Foundation Details Slab
Number of Buildings 1
Building Area Total 1912
Lot Size Acres 0.29
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Road Frontage Type Street Lights,Street Paved,Main Throrughfare

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 33566

Price
AVG $1.19M
$1.5M
Taxes
AVG $3,742
$2,128
Visits
AVG 138
109
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1928

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