
About this Property
PROPERTY TYPE:
Four-Parcel Commercial Assemblage with Operating Restaurant
SQUARE FOOTAGE/LOT SIZE:
±4,155 SF Building / ±5.35 Acres (Four Contiguous Parcels)
YEAR BUILT:
1999 (Restaurant Building)
ZONING:
C1 (City of Sebring), B3 & AU (Highlands County)
FRONTAGE:
300+ Linear Feet on US Highway 27 South
LOCATION:
Positioned along Sebring’s primary commercial corridor between
Sparta Road and US-98, surrounded by established retail, service
businesses, and residential neighborhoods.
OCCUPANCY:
Operating Restaurant – Sale May Be Structured as Going-Concern or
Real Estate Asset Sale.
UTILITIES:
Public Water & Sewer, Electric & Telecom, Existing Site Infrastructure
in Place
NEARBY RETAILERS & AMENITIES:
National and regional retailers, restaurants, medical services, financial
institutions, and proximity to Sebring International Raceway and
established residential communities
Sebring and Highlands County are benefiting from multiple converging
macro trends that make this an opportune moment to acquire commercial
real estate along the US-27 corridor.
Highlands County’s population has grown consistently over the past decade,
driven by Florida’s broader in-migration wave and the region’s strong appeal
as an affordable retirement and relocation destination. Florida as a whole
has been the fastest-growing large state in the nation, adding over 400,000
new residents annually in recent years, and secondary markets like Sebring
— which offer the Florida lifestyle at a fraction of the cost of coastal metros like
Tampa, Orlando, Naples, or Miami — have captured a growing share of that
growth. Highlands County’s population stands at approximately 105,000 and
has been trending upward, with the City of Sebring serving as the county seat
and primary commercial hub.
The demographic profile of Sebring is particularly favorable for a full-service
diner and restaurant operation. The city’s median age skews older than the
Florida average, with a significant retired and semi-retired population that
prioritizes sit-down, value-oriented dining over fast casual or delivery concepts.
This population segment eats out frequently, values consistency and familiar
service, and generates high repeat visit rates — precisely the customer profile
that sustains a high-volume diner operation year after year. The addition of the
seasonal “snowbird” population — Northern retirees who spend the winter
months in Central Florida — adds a predictable seasonal demand surge that
amplifies restaurant revenues from roughly October through April.
From a commercial real estate market perspective, Sebring’s US-27 corridor
has demonstrated resilient fundamentals through 2024–2025, with highwayfronting
commercial properties maintaining strong pricing relative to their
county appraised values. Comparable sales data confirms a restaurant $/
SF range of $320–$390 in recent Sebring and regional transactions (see
Comparable Sales below), while vacant US-27 commercial land has transacted
at $120,000 per acre and above. The lack of new supply — the market
simply does not produce large, multi-acre, US-27 assemblages with existing
operational infrastructure — is a structural advantage for this offering.
Documents
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