The Hut Restaurant and Gardens For Sale Fort Myers, FL
5110 Buckingham Road
Fort Myers, FL 33905


For Sale $1,300,000
Status Current
Thomas Woodyard239-425-6011

Property Overview

Land SF/$ Per227,383 / $5.72
Acres/$ Per5.22 / $249,042.15
Property UseAny
ZoningC1A & AG2
Parcel Number-
T, R, S-, -, -
Land Size5.220 acres
Bld SF/$ Per10,213 / $127.29
# of Buildings-
# of Stories-
Cap Rate-
Vacancy-

Property Description

Fully built-out restaurant building for sale. This former Hut Restaurant, Tiki Lounge and Tropical Gardens is located on Buckingham Road in Fort Myers, FL. Established in 1973, the property consists of a 10,213± square foot building that sits on 5.22± acres. The building accommodates 300 seats for inside dining and features a tiki lounge, additional outside dining deck and banquet facility for all occasions. The outside grounds have a tranquil setting that highlight a fish pond, gazebo area, boardwalk style walkways and shaded patio areas for additional guest seating. The Hut Restaurant and Gardens is known for hosting weddings, anniversary, birthdays and corporate parties. Restaurant equipment sold separately.

Area Description

This former Hut Restaurant, Tiki Lounge and Tropical Gardens is located on Buckingham Road in Fort Myers, FL.

Attachments

Financial Overview

List Price$1,300,000.00
Down Payment-
Cap Rate-
Cash on Cash-
Financial Terms-
Consider Exchange-

Cash Flow

CF Type-
Year-
Scheduled Gross-
Reimbursement-
Vacancy-
Effective Gross-
Operating Expenses-
Operating Income-
Debt Service-
Capital Costs-
Cash Flow (pre-tax)-

Debt Information

Debt Type-
Debt Service-
Principal-
Interest Rate-
Amortization-
Due-
Loan Description-

General Property Information

Property UseAny
Land SF227,383.200 sf
Land Acres5.220 acres
Building SF10,213
Bld SF/$ Per10,213 / $127.29
# of Buildings-
# of Stories-
Free StandingN/A
Year Built1973
Built YetYes
Building Class-
ZoningC1A & AG2
Parcel Number-
# Grade Dock Doors-
# Dock High Doors-
Parking Description-
Broadband-
Gas-
Water-
Electric-

Listing User

Thomas Woodyard
Thomas Woodyard Woodyard & Associates, LLC 239-425-6011 239-425-6001 (Fax) www.wa-cr.com