Business Opportunity Property - Mixed Use in Palm Coast
Listing Price: $199,900
Description of Property
Act now on this money maker and take advantage of the upcoming holiday/snowbird season! Long term lease (8 more years via four remaining two-year lease extensions) at below market rate with NO rent increases for the entirety of the remaining lease extensions! This is just one of the highlights of this popular turnkey 48 seat unique restaurant and bar concept in full operation since 2020 which also features nationally recognized menu brand. Steady trend of rising sales showing 20% increase year-to date over 2022 through October 2023 with plenty of opportunity to increase sales with additional hours and expanded menu offerings. Located in a unique and highly sort after location popular with local clientele as well as visitors to the area. Includes all furniture, fixtures, and equipment all of which are in good shape. Fantastic opportunity for experienced operators or first timers looking to get into the restaurant/bar business. Excellent family business with fantastic, loyal employees in place who are also ready to step up and assist in management aspects of the operation. Financials and other pertinent due diligence materials available to qualified buyers. Proof of funds and executed Confidentiality Agreement required.
Property Details At A Glance
Property Type: Business Opportunity
Property Use or Sub Type: Mixed Use
City: Palm Coast
County: Flagler
Sq. Ft. Living Area: 1,250
Cost per (heated) sqare foot: $160
Year built: 2005
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Microwave, Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type: Acoustical
Flooring:
- Concrete
- Porcelain Tile
- Tile
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction:
Foundation:
Roof:
Exterior Features:
Parking Features:
Floors Total:
Floors in Unit:
Cooling: Central Air, Wall/Window Unit(s)
Heating & Fuel: Central
Electric: 200+ Amp Service
Patio & Porch Features:
Security Features: Closed Circuit Camera(s), Fire Sprinkler System
Other Structures:
View:
Fencing:
Utilities:
- BB/HS Internet Capable
- Electricity Available
- Phone Available
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Road Frontage: Access Road, City Street
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Listing courtesy of LANDMARK REALTY OF FLORIDA. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.