$885,000
$899,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
2,147 SqFt
SOLD DATE : 05/12/2023
Key Details
Sold Price $885,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 2,147 sqft
Price per Sqft $412
Subdivision Artesia Sub
MLS Listing ID FC286178
Sold Date 05/12/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1994
Annual Tax Amount $2,760
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 100x200
Property Description
Rare opportunity to own a C-2 General Commercial & Shopping Center zoned property on the Northern Peninsula
along Scenic A1A, producing immediate income. Located on the west side of A1A across from the Publix shopping center, less than
a mile from the Hammock Beach Resort, & surrounded by residential homes provides a PRIME location. This property produces
multiple incomes. The front half of the property provides structures and outdoor areas for a well established restaurant/bar (lease in
place) & billboard (land lease in place). At the rear of the property there is a residential bungalow (lease in place). The
potential to redevelop the entire half acre is also an opportunity to create a new venture given the C-2 zoning that is in place. Funds are in place for future City Sewer Lines along N Ocean Shore Blvd to Bings Landing. This project is in the planning stage (See Realtor Only Remarks for article link). Once completed the owners will have access to hook into the city sewer and get off septic sewer. This will open even more potential to this property and also add additional value. This is a real estate sale only. The business, inventory, furniture/decor & equipment do not convey. Appointments are mandatory, please do not disturb the tenants or business operation. Seller Financing Available.
Location
State FL
County Flagler
Community Artesia Sub
Zoning C-2
Interior
Heating None
Cooling Mini-Split Unit(s)
Flooring Tile
Exterior
Parking Features Parking Spaces - 19 to 30
Utilities Available BB/HS Internet Capable, Water Connected
Roof Type Other, Shingle
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block, Stucco
New Construction false
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COLDWELL BANKER REALTY
10011 Pines Boulevard Suite #103, Pembroke Pines, FL, 33024, USA