29250 Lake Lindsey ROAD, Out of Area, FL, 34661 | $475,000

Discover the opportunity of a lifetime with the Riverside Restaurant, a beloved dining destination nestled in the heart of Nobleton. This historic restaurant was established on November 22, 1963 the same day the President got shot. (Fun fact!) Known for the famous Nobleton Burger, this establishment boasts indoor seating for 49 patrons, and outdoor seating for 26 ensuring ample space for guests to gather and enjoy. This is a go to spot for bikers, hikers, travelers, neighbors, and even horse riders to come and tie up their horses while enjoying a meal.

Behind the scenes, the restaurant features a spacious and meticulously maintained kitchen equipped with all the essentials for culinary excellence. From a griddle and gas stove top to a fryer, pizza oven, convection oven, walk in freezer and cooler this kitchen is ready to bring your culinary visions to life.
There is also a large washing station, an office as well as a storage room tucked away behind the scenes.

But the magic of Riverside extends beyond the indoor space. Step outside and you'll find a unique outdoor bar area and smokehouse, and a stage perfect for hosting concerts and events where guests can dance, enjoy a meal, a drink and find cover from the sun or Florida summer rain showers!

If you are looking to step into a turnkey business opportunity, you have found it. Riverside Restaurant is newly renovated ready and waiting for a new owner-operator to take the reins.

With the land, building, structures, equipment, brand, and most importantly, the beer and wine license all included, the stage is set for success.

Don't miss out on this chance to own a restaurant in a prime location – Riverside Restaurant is your ticket to culinary success.

Features

  • Property Type: Restaurant
  • Construction: Block
  • Utilities: Electricity Available
  • Heating: Central
  • Cooling: Central Air
  • Year Built: 1997
  • Approx Sq. Feet: 1,742
  • Acreage: 0.49
  • Est. Taxes: $2,703
  • Lot Desc: In County, Level
  • Appliances: Dishwasher, Refrigerator
  • MLS#: T3514669
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/T3514669/29250lakelindseyroad_outofarea_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/23/2024 7:47:08 PM)
Listing courtesy of AGILE GROUP REALTY   Phone: 813-569-6294

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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29250 Lake Lindsey ROAD, Out of Area, FL, 34661

$475,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $380,000 $380,000 $380,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.500% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.051% 7.295% 6.623%
Monthly Tax Payment $225 $225 $225
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,657 $2,560 $3,284
Total Monthly Payment $2,957 $2,860 $3,584

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.