$1,300,000

5430 N SUNCOAST BOULEVARD, Crystal River, FL 34428

  • 2,862 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon9.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $454/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Uncover the immense potential of Castaways Restaurant, a well-established Icon of Citrus County bar and grills located in the heart of Crystal River, Florida. This offering includes the business assets and the valuable real estate it sits upon, presenting a rare chance for a visionary investor or restaurateur. Expansive parcel with Limitless Potential: One of Castaways' most significant assets is its impressive 9.38-acre lot, boasting substantial US 19 frontage and depth. This generous land parcel offers far more than just ample parking. Imagine the possibilities: from hosting large outdoor events, expanding dining areas, or even developing complementary ventures. The existing paved parking is supplemented by a vast grassy area, making it ideal for various uses. This isn't just a restaurant; it's a Crystal River institution ready for growth in a booming County. Strategic Location with High Visibility: Castaways benefits from a highly visible location directly on US Highway 19 (Suncoast Blvd). This major thoroughfare sees a significant daily traffic count, ensuring constant exposure to a steady stream of potential customers. The restaurant capitalizes on this prime position to attract both local diners and tourists exploring what the Nature Coast has to offer. Established Business with Room for Growth: Currently operating as a popular bar and grill, Castaways already has a loyal customer base. The sale includes a full 4COP Liquor License, allowing for a comprehensive liquor bar to complement the homemade, hand-cooked entrees and appetizers. While already successful, there's significant potential to expand operations, optimize existing spaces, or introduce new concepts to further capitalize on the location and the burgeoning Crystal River market. Don't miss out on this exceptional opportunity to own a piece of Crystal River's thriving culinary scene with an unparalleled lot size and strategic location. Contact us today to learn more about Castaways Restaurant and unlock its full potential!

Listing Status:
Active
Date Added:
June 24, 2025 at 05:00AM
Listing Office:
REMAX REALTY ONE : 352-795-2441
Listing Agent:
Karen Cunningham : 352-422-7546
MLS ID:
OM704300
  • Appliances: MicrowaveRefrigerator
  • Flooring: Vinyl
  • A/C: Central Air
  • Heating: Central Building

This listing courtesy of Karen Cunningham, REMAX REALTY ONE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Crystal River Primary School

8624 W Crystal St, Crystal River, FL, 34428

Grades PK-5

3.82 miles away

C

Crystal River Middle School

344 NE Crystal St, Crystal River, FL, 34428

Grades 6-8

3.34 miles away

A

Academy of Environmental Science

12695 W Fort Island Trl, Crystal River, FL, 34429

Grades 9-12

3.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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