x
Showing 1 of 0
X
Save

2396 N C 470
LAKE PANASOFFKEE FL 33538 US

$1,100,000

Active Listing ID G5115516
lot icon
Lot: 1.73 Acres
home icon
Other

$1,100,000

Active Listing ID G5115516
Save

2396 N C 470 Commercial Income Opportunity, Zoned Heavy Commercial or Redevelopment. 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. Two adjoining buildings totaling 3, 784+/- SF. Site is an assemblage of 4 parcels, totaling 1.73+/- acres. Zoned Sumter County CH, heavy commercial. Restaurant has gross sales of just under a million and currently only open 4 days a week serving lunch and dinner until 8:00 pm giving the restaurant immense $$ growth potential. Highly desirable CH zoning includes many other potential uses including professional office, medical, or retail. This Central Florida location is minutes off I-75 exit # 321 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 and bringing explosive growth to the area. 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 redevelopment 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 decor and memorabilia do 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!!

Collapse all

Property Features

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

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1100000
  • 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
  • latitude: 28.791263
  • longitude: -82.132346
  • listagentfullname: Mona Jodray
  • listagentemail: ljodray@eragrizzard.com
  • listagentkey: 3yd-MFRMLSFL-60200137
  • listagentmlsid: 60200137
  • listagentpreferredphone: 3522051883
  • listagentofficephone: 3522051883
  • listofficekey: 3yd-MFRMLSFL-40025
  • 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: 2026-07-24
  • listagentfax: 3527870870
  • listagenturl: http://www.eragrizzard.com
  • countyorparish: Sumter
  • parcelnumber: F32-017
  • cooling: Zoned, Central Air
  • constructionmaterials: Frame, Wood Siding
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: ERA Real Estate
  • utilities: Electricity Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -82.13235, 28.791264
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ERA Grizzard Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":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) 267-0672", "ListBrokeragePostalCode":"34748", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Ste 300", "ListBrokerageUnparsedAddress":"1300 Citizens Blvd.", "ListBrokerageWebsiteUrl":"http://www.eragrizzard.com", "ListOfficeAddress1":"1300 Citizens Blvd ", "ListOfficeAddress2":"Ste 300", "ListOfficeBrokerMlsId":"40025", "ListOfficeCity":"Leesburg", "ListOfficeCountry":"US", "ListOfficeEmail":"ggrizzard@eragrizzard.com", "ListOfficePostalCode":"34748", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - LAKE PANASOFFKEE, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-07-25 05:01:29", "Neighborhoods":[{"Description":null, "Name":"33538 - Lake Panasoffkee"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4950, "TaxDescription":"BEG AT SW COR OF NE1/4 OF SW1/ 4 RUN E TO LINE OF HARD ROAD N/LY ALONG W SIDE OF ROAD 750 FT FOR BEG RUN W 220 FT NW/LY100 FT E 220 FT SE/LY TO BEG", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2020 12:00:00 AM GMT
Source Updated Date: 8/5/2026 12:36:28 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.