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Restaurant 104 S US Highway 41 3,266 SF Retail Building Inverness, FL 34450 $1,902,600 CAD ($582.55 CAD/SF) 3.86% Cap Rate



Investment Highlights
- High-visibility location on US Highway 41, one block from Courthouse Square.
- Seating capacity for up to 94 guests with efficient interior layout.
- Ample on-site parking and corner lot positioning for easy access.
- Fully equipped commercial kitchen with extensive appliance package.
- Upstairs apartment with bathroom offers additional income potential.
- Recently renovated with updated kitchen and bathrooms for modern operations.
Executive Summary
This is your chance to own a thriving restaurant in the heart of historic Inverness, FL! Located on busy Highway 41, just one block from Courthouse Square, this well-established business has been a community staple for 17 years. Surrounded by the government center, courthouse, and numerous local businesses, this high-visibility location is perfect for attracting steady foot traffic. Key Features include: Spacious Seating: Accommodates up to 94 guests. Ample Parking: Convenient access for patrons. Fully Equipped Kitchen: Includes 3-door freezer, 3-door refrigerator, walk-in cooler, 6-burner stove, 2 deep fryers, double convection oven, and a 5' flat top grill and much more—ready for seamless operations. Functional Layout: Separate office, two bathrooms, front staff prep area, and lobby provide excellent workflow and customer experience. Unique Addition: Upstairs apartment with bathroom, currently accessible by ladder, offering potential for live-in staff or extra income. This property offers an excellent combination of character, functionality, and history, making it a rare gem in the bustling business district. Financial documents, including an asset list, balance sheets, and income statements, are available upon request. Seize this opportunity to make your mark on a restaurant that has been cherished by the Inverness, FL community. Contact us today for more details or to schedule a private showing.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,266 SF
Building Class
B
Year Built/Renovated
1948/2016
Price
$1,902,600 CAD
Price Per SF
$582.55 CAD
Cap Rate
3.86%
NOI
$73,386 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.27 AC
Zoning
CBD - Commercial C1
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
125’ on S Highway 41
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Smoke Detector
About 104 S US HIGHWAY 41 , INVERNESS, FL 34450
The property is a single-story retail building with a restaurant use, located on US Highway 41 in Inverness, Florida. It occupies a 0.27-acre lot with approximately 125 feet of frontage and includes on-site parking. The building was originally constructed in 1948 and underwent renovations in 2016. Zoning is CBD (Commercial C1). The surrounding area includes government offices, a courthouse, and local businesses, contributing to consistent pedestrian and vehicular traffic.
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 20E-19S-17-0050-01020-0130 | Improvements Assessment | $236,623 CAD (2025) |
| Land Assessment | $239,370 CAD (2025) | Total Assessment | $475,993 CAD (2025) |
Property Taxes
Parcel Number
20E-19S-17-0050-01020-0130
Land Assessment
$239,370 CAD (2025)
Improvements Assessment
$236,623 CAD (2025)
Total Assessment
$475,993 CAD (2025)
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Restaurant | 104 S US Highway 41
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