Historic Myakka River Restaurant - The Bean Depot

The historic Bean Depot restaurant including assemblage of + - 2.35 Acres of properties including: 4345 Garden Rd, 4351 Garden Rd, 4494 Sturkie Ave, 4499 Sturkie Ave, 4503 Sturkie Ave, 4509 Sturkie Ave, 4381 Garden Rd, 4300. Garden Rd ands 4370 Garden Rd Port Charlotte, FL 33953American Property Group of Sarasota, Inc. presents The Bean Depot and Historic El Jobean Hotel Site, a rare opportunity to acquire a distinctive piece of Florida history with redevelopment potential in El Jobean, Charlotte County. The offering includes The Bean Depot restaurant along with the former El Jobean Hotel site at 4381 Garden Road. Originally constructed in 1923 by El Jobean founder Joel Bean, the hotel became part of the community's colorful history, with connections to Hollywood productions, sport fishing, circus performers, and legendary daredevil Leo "Suicide" Simon. The El Jobean Hotel was individually listed on the National Register of Historic Places in 1999 for its significance in community planning, development, entertainment, and recreation. Although the original hotel no longer stands, the property presents a unique opportunity to pursue the rebirth of this historic destination. The offering includes the hotel site and associated rights and interests held by the Seller, creating the potential for reconstruction of a hotel or development of another compatible commercial use generally within the historic building footprint, subject to Charlotte County and all applicable approvals and regulations. Combined with The Bean Depot and adjacent properties included in the portfolio, the site offers potential for a hotel, hospitality, restaurant, event, entertainment, or destination-oriented concept that celebrates the character and history of El Jobean. Qualifying rehabilitation or restoration work within the portfolio may also be eligible for certain federal or Florida historic-preservation tax incentives, subject to applicable requirements, certifications, and approvals. Prospective purchasers should independently verify eligibility. Reconstruction of the former El Jobean Hotel should not be assumed to qualify for historic tax incentives solely based on its former National Register listing.