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2396 C 470, FL
Stellar MLS

$1.10M

2396 C 470

Lake Panasoffkee, FL 33538

Listing updated: May 5, 2026 at 12:50 PM ET

Active
Stellar MLSListing courtesy of Era Grizzard Real Estate · Mona Jodray · MLS #G5106723 · Active · 352-787-6966
3,784
Building SF
1.73
Acres
1972
Built
$290.7
Per SF
Mixed Use1.73 acres$290.7/SF
Mixed Use

Property type

1972

Year built

3,784 SF

Building size

88,000 sqft

Lot size

$290.7

Price / SF

CH

Zoning

110

Days on market

About this property

Reduced !! 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. With a gross sales of just under a million and currently open 4 days a week serving lunch and dinner until 8:00 pm give the restaurant immense $$ growth potential. 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!!

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
110
County
Sumter
Year built
1972
Building area
3,784 sq ft
Price/sq ft
$290.7
Lot size
88,000 sq ft
Buildings
2
Road frontage
County Road
Annual taxes
$5K (2025)
Parcel #
F32-017
Zoning
CH
MLS #
G5106723

Utilities

Utilities
Electricity Available

Listing details

Listing date
2026-01-13
On market date
2026-01-15
Original list price
$1.20M
MLS area
33538 - Lake Panasoffkee
Status changed
2026-01-15
Tax legal description
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

Location

Directions

Wildwood, go South on I-75, to right on CR 470 property will be on the left

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 5, 2026 at 12:50 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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