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$2,499,900
Est. payment /mo
7,848 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,848 sqft
Price per Sqft $318
MLS Listing ID L4957452
HOA Y/N No
Year Built 2000
Annual Tax Amount $688,653
Lot Size 1.030 Acres
Acres 1.03
Property Sub-Type Retail
Source Stellar MLS
Property Description
Prime Retail/Restaurant Opportunity in Okeechobee's Booming Growth Corridor Seize this rare opportunity to acquire a once-thriving 4,580± SF restaurant facility with an additional 2,500± SF of prime retail/office space—perfect for expansion, lease income, or potential condo resale. Situated on a 1-acre corner lot with full median turn access, this high-exposure site offers exceptional visibility, signage, and abundant parking along one of Okeechobee's busiest commercial arteries. Located just 1 mile north of Walmart and positioned directly on the main retail route to Home Depot, Aldi, and Publix, this property sits at the heart of Okeechobee's most dynamic trade area. Surrounding development includes new residential communities and the planned Bass Pro Fishing Resort at Lake Okeechobee, projected to bring a surge of tourism, jobs, and retail traffic to the region. Whether you're an owner-operator seeking to reopen or reimagine a restaurant in a proven location—or an investor pursuing strong income potential and long-term appreciation—this property offers unmatched upside and flexibility. The additional 2,500 SF can be separately leased or sold as an office/retail condo, providing immediate value-add potential. Highlights: 1-acre corner lot with full median cut & high visibility 4,580± SF restaurant + 2,500± SF flex/office or retail space Excellent parking, signage, and traffic flow 1 mile north of Walmart / near Aldi, Publix & Home Depot Within Okeechobee's fastest-growing retail & residential corridor Zoned for commercial use with multiple reconfiguration options Surrounded by major retail, new housing, and destination development Act fast—properties with this much exposure, access, and potential are rarely available in Okeechobee's expanding retail corridor.
Location
State FL
County Okeechobee
Area 34974 - Okeechobee
Interior
Cooling Central Air
Building
Foundation Block
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Listed by Gregory Karlson ADVANTAGE REALTY 1
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