$1,200,000
Palm Shores, FL 32940
MLS# 930889
Status: Closed
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Property Description
SALE DID NOT INCLUDE LIQUOR LIC. Listing includes a busy restaurant w/ liquor Lic, two pieces of Real Estate plus vacant parcel. Surplus of parking on 1.42 acres. Direct US1 frontage with 55,000 +- traffic count, and direct river views. The main building is the restaurant, 2500 sq. ft. The second building is 900 sq. ft., primarily used for storage and employee parking. Brand new equipment. New Roofs. New Ac's. Large Walk-in. 15-foot hood. Wash station. Separate prep station. The business itself has been open for 20 years. Large local following. 9000 followers on Facebook, which is currently their only form of advertising. The owner is ready to retire. No staffing issues, as most of the staff has been there for 5-10 years. Great Opportunity in the Space Coast of Florida!
Details
Maps
Location, Tax, and Legal
Tax Account: 2606184
Parcel Number: 26-37-19-76-00000.0-0001.00
General County Location: Central
Tax Annual Amount: 4572.1
Tax Year: 2021
Tax Legal Description: HAZELWOOD SUBD LOTS 1 & 3 EXC HWY R/W
Directions: US1 North, on the left right before Pineda
General Property Information
Number Of Units Total: 2
Building Area Total: 3467
Lot Size Acres: 1.42
Association YN: No
Property Use: C-RESTAURANT / CAFETERIA (2100)
Water Body Access YN: No
Use Code: 21 / RESTAURANTS, CAFETERIAS
List Price/SqFt: 555.24
Sold Price/SqFt: 346.12
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: SALE DID NOT INCLUDE LIQUOR LIC. Listing includes a busy restaurant w/ liquor Lic, two pieces of Real Estate plus vacant parcel. Surplus of parking on 1.42 acres. Direct US1 frontage with 55,000 +- traffic count, and direct river views. The main building is the restaurant, 2500 sq. ft. The second building is 900 sq. ft., primarily used for storage and employee parking. Brand new equipment. New Roofs. New Ac's. Large Walk-in. 15-foot hood. Wash station. Separate prep station. The business itself has been open for 20 years. Large local following. 9000 followers on Facebook, which is currently their only form of advertising. The owner is ready to retire. No staffing issues, as most of the staff has been there for 5-10 years. Great Opportunity in the Space Coast of Florida!
Cooling
Central Building: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Listing Terms
Cash: 1
Possession
Negotiable: 1
Roof
Aluminum: 1
Security Features
Fire Sprinkler System: 1
Showing Requirements
24 Hour Notice: 1
Building Features
Clear Ceiling Height: 2567
Business Type
Bar/Tavern/Lounge: 1
Restaurant: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Business with Real Estate: 1
Furniture, Fixtures and Equipment: 1
Historical Information
Public Historical Remarks 3: Legal/Misc-Home Warranty: No
Contract Information
Current Price: $1,200,000
Original List Price: 2000000
Sold Price: $1,200,000
Status: Closed
Listing Contract Date: 2022-01-19
Property Sub Type: Business
Location Tax and Legal
Street Number: 2515
Street Name: Roberts
Street Suffix: Road
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 330 - Melbourne - Central
Status Change Information
Major Change Timestamp: 2023-11-11T09:37:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2022-04-06T19:53:34Z
Status Change Timestamp: 2022-09-16
Purchase Contract Date: 2022-06-17
Close Date: 2022-09-16
Close Price: 1200000
Property Features
Business Type: Bar/Tavern/Lounge; Restaurant
Cooling: Central Building
Flooring: Carpet; Tile
Heating: Central
Listing Terms: Cash
Possession: Negotiable
Roof: Aluminum
Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment
Security Features: Fire Sprinkler System
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice
Listing Office: Kirschner Real Estate G
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.