Restaurant Property for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30806847
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 5,688 SF
Gross Land Area: 1.82 SF
Sale Price: $950,000
Unit Price: $167.02 PSF
Ceiling: 16 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: The Seineyard Seafood Restaurant
Usable Size (USF): 5,688 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2023

Overview / Comments

This owner-occupied restaurant is conveniently located, easily accessible, and offers great visibility. The property was built by the current owner and has been serving Tallahassee and the surrounding coastal areas for 17 years. The building offers 48 on-site parking spaces and sits equidistant between St. Marks and the Florida State Capitol (Approx. 11 miles each direction) capturing business from both markets. Two private offices and ample supply storage. All restaurant equipment, tables, and chairs are included in the sale. Equipment highlights: Captive Air 'island style' hoods, Southbend full-size convection oven, Carter Hoffman heated holding cabinet, 4-burner range, and 80-lb Pitco fryers.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 3308200060000
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Woodville Hwy
Feet of Frontage: 187
Highway Access: Capital Circle SE, Woodville Hwy
Airports: Tallahassee International Airport- 8.4 miles
Site Description: The property sits on 1.82 acres offering easy ingress/egress for patrons and food deliveries. The deep lot offers ample parking in the front , as well as behind the restaurant.
Area Description: Equidistant between St. Marks and the Florida State Capitol (Approx. 11 miles each direction)
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,688 SF
Property Condition: Good
Year Built: 2005
Roof Type: Other
Construction/Siding: HardiePlank Siding
Exterior Description: Recently painted Hardie board siding, Concrete block frame, and metal roof.
Total Parking Spaces: 48
Parking Ratio: 8.4 (per 1000 SF)
Parking Type: Surface
Parking Description: Total Parking Spaces - 48 (25 parking spaces in front of the restaurant and 23 parking spaces behind the restaurant)
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Interior Description: Great functional floor plan. Perfect for restaurant owners with heavy dine-in traffic and steady take-out traffic. The cashier counter, with a service window to the kitchen, optimizes efficiency and streamlines the ‘To-Go’ order process. The spacious, well-designed kitchen layout allows the restaurant to keep up with demand and work effectively. The open dining area, exposed beams, and natural light provide a comfortable and peaceful dining experience.
Zoning Description: WC: The Woodville Commercial district is intended to be located in areas designated Rural Community on the Future Land Use Map of the Comprehensive Plan within the Woodville Community and shall apply to areas exhibiting an existing development pattern of office, general commercial, community facilities, and intensive automotive commercial development abutting arterial roadways with high traffic volumes. The Woodville Commercial district is characterized by a linear pattern of development. The access management standards set forth in for the Woodville Commercial district addressing limitations placed on access are intended to minimize and control ingress and egress to arterial roadways and to promote smooth and safe traffic flow of the general traveling public.
Lot Frontage: 187
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned
Legal Description: 8 2S 1E 1.82 A IN SW 1/4 OF NE 1/4 OR 929/740 1246/2142 1861/270 OR 2138/488 490

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,955 17,094
Median Age: 35.06 34.52
Households: 2,227 6,503


Photograph of Listing Agent

Courtney L Roberts

Roberts & Co. Real Estate Member
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