


2396 N C 470LAKE PANASOFFKEE, FL 33538
Commercial · 3,568 Sq. ft. | 1.73 Acres2396 N C 470 Overview
- Time on Site:
- 166 days
- Visits:
- 2
Redevelopment site or Commercial Income Opportunity, Zoned Heavy Commercial. 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 décor 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!!
2396 N C 470 Facts & Features
- Type Commercial
- Sq. ft. 3,568
- Price/Sq.ft. $308
- Lot 1.73 Acres
Details
General
Building Information
- New Construction: No
- Year Built: 1972
Location/Region
- Country: US
- County Or Parish: Sumter
- MLS Area Major: 33538 - Lake Panasoffkee
- Township: 19S
Tax Information
- Tax Annual Amount: 4949.88
- Tax Year: 2025
General Information
- Listing Terms: Cash
- Ownership: Sole Proprietor
- Parcel Number: F32-017
- Property Condition: Completed
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Special Listing Conditions: None
- Zoning: CH
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Public Records
- Building Area Total: 3784
- Building Area Units: Square Feet
General Information
- Cooling: Central Air,Zoned
- Foundation Details: Slab
- Living Area: 3568
- Living Area Units: Square Feet
Exterior
Lot Information
- Additional Parcels Description: F32-016, F32-018 & F32-019
- Additional Parcels: Yes
- Lot Size Acres: 1.73
- Lot Size Dimensions: 400x220
- Lot Size Square Feet: 88000
- Number Of Lots: 4
- Road Surface Type: Paved
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Frame,Wood Siding
- Roof: Metal
General Information
- Road Frontage Type: County Road
- Utilities: Electricity Available
2396 N C 470 Neighborhood
Community
33538 (LAKE PANASOFFKEE) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2396 N C 470 Monthly Cost
2396 N C 470 Market Data
Based on the last 30 days in this zip code
2396 N C 470 History
| Date | Value | Agent |
|---|---|---|
| 4/27/2026Source: My Florida Regional MLS | $1,100,000 -8.3% |
|
| 1/15/2026Source: My Florida Regional MLS | January 15, 2026 |
























































