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Spring Hill Commercial Real Estate For Sale

Spring Hill, Florida, US
Asking Price:
$1,525,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Great Location For: Event Venue, Church, Retail, Wholesale Distribution, Catering ( turn Key Full Catering Kitchen) and many other uses.

Palace Grand, a highly successful upscale event facility was closed in 2016 because of sinkhole activity beneath the structure. The sinkhole has since been remediated with pilings under the building through to bedrock and the structure has been declared safe for occupancy. The owner has renovated the property including a new roof on the building. The renovation also includes painting the exterior, paving where necessary & sealing the parking area, all new ceiling tiles, new air conditioners and complete cosmetic repairs.

The southern portion of the building is a completely open area of approximately 6000 SF with 24’ ceiling in the center. Flooring has been removed from this area down to clean slab which is ready for whatever flooring type a buyer desires. Here is a link for a virtual tour.

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The northern portion is two story including offices, open areas and a fill catering kitchen. The Seller will remove the kitchen equipment if not wanted by the buyer.

There is 100,789 square feet -.2.31 acres of land with 477 feet of frontage on U.S. Highway 19 in Spring Hill, Fl. The Seller owns an adjacent lot 1.23 acres which is also available

Property Information

Real Estate:

Real Property Included

Premises Details:

N/A

Size in square feet:
17,000 sq ft

Business Operation

Reasons for selling:

Business Closed, Owner ready to retire

Years established:
48

Other Information

Financing available:

Downpayment Required: ON REQUEST
Financing is Available

Furniture / Fixtures value:
$150,000 - included in the asking price

Contact Information

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