Restaurant & Real Estate Opportunity - Business for Sale

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Restaurant and Real Estate in Downtown St. Augustine, FL

St. Augustine, FL, US
Added 29 days ago
Restaurant and Real Estate
Absentee / Semi-Absentee

A fully equipped 2,151-square-foot restaurant with seating for 67 and 23 parking spaces, along with the underlying 0.303-acre real estate, is for sale in downtown St. Augustine, Florida.

Key Information

Asking

$1.6M

Revenue

Earnings

Multiple

Key Highlights

  • Includes both a fully equipped 2,151-square-foot restaurant and the underlying real estate
  • Restaurant seats 67 guests
  • Property is situated on a 0.303-acre parcel with 23 on-site parking spaces
  • All furniture, fixtures, and equipment (FF&E) are included
  • Zoned CL-2, allowing for various commercial uses
  • Current tenant is scheduled to vacate within the next few months
  • Seller will consider a lease purchase option with $80,000 paid for FF&E and $5,800 per month rent
  • Seller financing may be available with a minimum down payment of $400,000

Contact Info

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