1.03 Acres Lot
1.03 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 319436
Style One Story
Construction Status Average Condition
HOA Y/N No
Year Built 2000
Annual Tax Amount $14,129
Tax Year 2024
Lot Size 1.032 Acres
Acres 1.032
Property Sub-Type Commercial
Property Description
Seize this rare opportunity to acquire a once-thriving 4,580± SF restaurant facility with an additional 2,500± SF of prime retail/office space—perfect for expansion, lease income, or potential condo resale. Situated on a 1-acre corner lot with full median turn access, this high-exposure site offers exceptional visibility, signage, and abundant parking along one of Okeechobee's busiest commercial arteries.
Located just 1 mile north of Walmart and positioned directly on the main retail route to Home Depot, Aldi, and Publix, this property sits at the heart of Okeechobee's most dynamic trade area. Surrounding development includes new residential communities and the planned Bass Pro Fishing Resort at Lake Okeechobee, projected to bring a surge of tourism, jobs, and retail traffic to the region.
Whether you're an owner-operator seeking to reopen or reimagine a restaurant in a proven location—or an investor pursuing strong income potential and long-term appreciation—this property offers unmatched upside and flexibility. The additional 2,500 SF can be separately leased or sold as an office/retail condo, providing immediate value-add potential.
Highlights:
1-acre corner lot with full median cut & high visibility
4,580± SF restaurant + 2,500± SF flex/office or retail space
Excellent parking, signage, and traffic flow
1 mile north of Walmart / near Aldi, Publix & Home Depot
Within Okeechobee's fastest-growing retail & residential corridor
Zoned for commercial use with multiple reconfiguration options
Surrounded by major retail, new housing, and destination development
Act fast—properties with this much exposure, access, and potential are rarely available in Okeechobee's expanding retail corridor.
Location
State FL
County Okeechobee
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Parking Features Paved, Parking Available
Water Access Desc Public
Roof Type Built-Up,Rolled/Hot Mop,Tar/Gravel
Building
Lot Description Corner Lot
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style One Story
Level or Stories One
Construction Status Average Condition
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/heartland/319436