963 N. Suncoast Blvd, Crystal River, FL 34429

$125,000 Sold Price
Sold on 8/08/2025
 
Listing ID 11506345
Property Type Commercial Business
County Citrus
FEMA Flood Map fema.gov/portal
Year Built 1979
   
Virtual Tour

Own a Thriving Restaurant Business in Crystal River!

Exciting Opportunity to Own a Thriving Restaurant Business in Crystal River! Here's your chance to own The Olive Tree Restaurant, a well-established and beloved eatery in the heart of Crystal River. Currently open for breakfast and lunch, this restaurant also offers the potential to expand into dinner service. The sale includes a beer and wine license, making it a great option for diverse menu offerings. The Olive Tree boasts just under 500 square feet of efficient kitchen and prep space, along with a separate pantry for storage. Included inventory features kitchen equipment, walk-in coolers, booths, tables, chairs, and more. The restaurant occupies a leasable area of approximately 3200 square feet (mol), with an estimated 700 square feet of space currently used for storage that could be converted into extra dining space or repurposed as a bakery, coffee shop, or wine bar. Conveniently located just minutes from the Crystal River airport and Suncoast Parkway, this prime location sees an impressive annual average daily traffic count of 31,000 vehicles, ensuring a steady stream of potential customers. This is the perfect opportunity to turn your dream of restaurant ownership into reality. Don't miss out-schedule your tour today!
Property Details
  • Built in 1979
  • Renovated 2025
  • Available 5/29/2025
  • Renovation: REPLACING STOREFRONT SIZE FOR SIZE
Unit Information
Unit #1 – Gross Area: 3200, Net Leasable Area: 3200, Rent Price: 3576, Unit Count: 4
Interior Features
  • Ceramic Tile Flooring
  • Forced Air
  • Electric Fuel
  • Central A/C
  • 200 Amps
Exterior Features
  • Municipal Water
  • Municipal Sewer
Commercial Info
  • Lease Length: Annual
  • Lease Sq Ft: 3200
  • Monthly Lease Price: 3476
  • Monthly Price Sq Ft: 0.00
  • Annual Price Sq Ft: 0.00
  • The Olive Tree Restaurant (Business Name)
  • Uses: Restaurant
  • 30 Parking Spaces
Sale Information
  • Sold on 8/08/2025
  • Sold for $125,000
Previously Listed By
J W MORTON REAL ESTATE INC
Office: 352-726-6668
Mobile: 352-302-2340
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