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2396 N C 470
LAKE PANASOFFKEE FL 33538 US

$1,200,000

Active Listing ID G5106723
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Lot: 1.73 Acres
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Other

$1,200,000

Active Listing ID G5106723
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2396 N C 470 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. 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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Property Features

  • Facts
  • Lot Size: 1.73 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Zoned
  • Roof Type: Metal

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 2396 N C 470
  • postalcity: LAKE PANASOFFKEE
  • stateorprovince: FL
  • country: US
  • postalcode: 33538
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.73
  • lotsizeunits: Acres
  • lotsizearea: 1.73
  • livingarea: 3568
  • livingareaunits: Square Feet
  • listagentfullname: Mona Jodray
  • listagentemail: ljodray@eragrizzard.com
  • listagentkey: 3yd-MFRMLSFL-60200137
  • listagentmlsid: 60200137
  • listagentpreferredphone: 3522051883
  • listagentofficephone: 3527876966
  • listofficekey: 3yd-MFRMLSFL-40025
  • listagentstatelicense: 3178233
  • listofficemlsid: 40025
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1972
  • listingcontractdate: 2026-01-13
  • listagenturl: http://www.eragrizzard.com
  • countyorparish: Sumter
  • parcelnumber: F32-017
  • cooling: Central Air, Zoned
  • constructionmaterials: Frame, Wood Siding
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: ERA Real Estate
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ERA Grizzard Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ljodray@eragrizzard.com", "ListBrokerageCity":"Leesburg", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ggrizzard@eragrizzard.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/3ee78b0011ff11e19e0000219b994c72/20141020193258762.png", "ListBrokerageName":"ERA Grizzard Real Estate", "ListBrokeragePhone":"(352) 504-0055", "ListBrokeragePostalCode":"34748", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Ste 150", "ListBrokerageUnparsedAddress":"1300 Citizens Blvd.", "ListBrokerageWebsiteUrl":"http://www.eragrizzard.com", "ListOfficeAddress1":"1300 Citizens Blvd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Leesburg", "ListOfficeCountry":"US", "ListOfficeEmail":"ggrizzard@eragrizzard.com", "ListOfficePostalCode":"34748", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Restaurant - LAKE PANASOFFKEE, FL", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/G5106723/?channel=rexren", "MLSModificationTimestamp":"2026-01-15T12:25:17Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Restaurant", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4949.88, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/15/2026 7:05:17 PM GMT
Source Updated Date: 1/16/2026 12:55:13 PM GMT

Courtesy of: Mona Jodray, ERA GRIZZARD REAL ESTATE, ljodray@eragrizzard.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.