Property Details
Property Details
- Year Built: 1978
- Property SubType: Retail
- Square Feet: 1,638
- Sale Pdf Url: https://buildout.com/docs/documents/4116733?mtime=1773280710&token=0b507e424628ff40aa7ed4dc04fc36b0616a06bd
Building
- Zoning: Commercial General (per Charlotte County)
- Stories: 1
Location
- Town: Englewood
- County: Charlotte
- State: FL
- Zip: 34224
Utilities and Appliances
Utilities and Appliances
- Gas: Yes
Community
Property Description
- Description: Steamers Oyster Bar & Grill presents a rare opportunity to acquire both a well-established full-service restaurant business and the underlying real estate in the growing Englewood/Grove City market. The offering includes a 4COP liquor license and all Furniture, Fixtures, and Equipment (FF&E) required to operate the restaurant, allowing a buyer to step into a fully operational turnkey concept. The restaurant business is valued at approximately $250,000, with inventory to be sold separately. Interested buyers will be required to execute a NDA in order to review the restaurant’s financial information and FF&E list. The property consists of a 1,638 SF restaurant building complemented by a ±1,260 SF outdoor Tiki Hut & Bar, located on ±0.51 acres of Commercial General (CG) zoned land. The site benefits from dual access via Placida Road and Florida Avenue—the highest traffic corridor within the Grove City submarket, providing excellent visibility and consistent customer traffic. Major renovations were completed in 2021 and 2022, creating a vibrant indoor and outdoor dining environment. The current layout accommodates approximately 34 interior dining seats (with potential to add 8+ additional seats) and 18 interior bar seats. The outdoor tiki hut area provides an additional 74 dining seats (with potential for 6+ additional seats) along with 18–24 outdoor bar seats, offering a highly desirable open-air dining experience that aligns with the area’s coastal lifestyle and strong tourism-driven restaurant demand. With its established brand presence, significant seating capacity, valuable 4COP liquor license capability, and high-visibility along the most traveled corridor in the submarket, this offering represents a compelling opportunity for restaurant operators or hospitality investors seeking to acquire a turnkey restaurant property in one of Southwest Florida’s growing coastal markets.
Other Details
Location Description
- Location Description: Situated along Placida Road, the primary north-south corridor through the Grove City and Placida communities, this location benefits from the highest traffic counts within the submarket and serves as a central commercial artery for the surrounding area. The corridor provides direct exposure to a steady flow of local residents, seasonal homeowners, and visitors traveling throughout the coastal communities of southern Sarasota and western Charlotte County, creating strong daily visibility and consistent customer traffic for nearby businesses. The surrounding Englewood and Grove City area is known for its coastal charm, strong year-round population base, and consistent demand for dining, retail, and hospitality establishments. Nearby access to Manasota Key and Englewood Beach, along with close proximity to the established residential communities of Rotonda West and the affluent Boca Grande market, contributes to a diverse customer base that includes both local residents and a steady influx of visitors drawn to the region’s beaches, boating, fishing, and outdoor recreation. These coastal attractions help generate consistent dining demand from both residents and tourists throughout the year. Residential growth throughout the broader Englewood area continues to reinforce long-term consumer demand, with a mix of retirees, working families, and seasonal residents supporting local businesses year-round. Nearby master-planned communities such as Island Lakes at Coco Bay, BeachWalk, Boca Royale, and Shores at Stillwater continue to add rooftops to the trade area, further strengthening the local customer base and supporting long-term demand for restaurants and hospitality concepts. With its position along the most heavily traveled corridor in the submarket and proximity to some of Southwest Florida’s most desirable coastal destinations, the Englewood and Grove City area continues to demonstrate its ability to support successful restaurant and hospitality concepts seeking to capitalize on both residential growth and coastal tourism.
Finance
Highlights
- Sale Bullets: Turnkey Restaurant & Real Estate Opportunity – Acquire the established Steamers Oyster Bar & Grill business together with the underlying real estate, Prime High-Traffic Location – Located along Placida Road, the highest traffic corridor in the Grove Ci