$395,000
$395,000
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10,454 Sqft Lot
SOLD DATE : 01/06/2021
Key Details
Sold Price $395,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Not Assigned
MLS Listing ID FC243646
Sold Date 01/06/21
HOA Y/N No
Originating Board Flagler
Year Built 1968
Annual Tax Amount $3,560
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Buy the business, the equipment AND the real estate for one greatly reduced price... With over $150K in FF&E alone, the down payment is less than the cost of the equipment. This beautiful facility (completely renovated from 2004 thru 2008) has everything in place to grow this operating business. Spacious dining area that accommodates 150 customers allows new owner to have a liquor license. This landmark diner is currently open from 8am to 3pm, and the business can be expanded to offer profitable dinner trade. The kitchen has everything you need... 17 ft hood, two fryers (40 lb and 75 lb), 6 eye gas stove, large walk in cooler and separate walk in freezer. Need ice? There is a 650 lb ice maker included. Roof has been recently resurfaced with refractive cost saving finish. HVAC system has three units and has been professionally maintained. Great investment- pricing reflects an 11% CAP rate.
Location
State FL
County Flagler
Community Not Assigned
Zoning B-1
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric, Natural Gas
Cooling Central Air
Flooring Tile
Exterior
Garage Parking Spaces - 13 to 18
Waterfront true
Roof Type Metal, Other
Parking Type Parking Spaces - 13 to 18
Building
Story 1
Entry Level One
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
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Bought with ALBERT M ESPOSITO & ASSOCIATES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "