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10916 Atlantic Boulevard , #24

Jacksonville, FL 32225
  • $99,900
  • STATUS: Active
  • ON SITE: 419 Days
  • MLS #: 1218782
UPDATED: 150 min ago
$99,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,276
    SQFT
  • $30
    $/SQFT
Type:
Commercial
Built:
1988
County:

School Ratings & Info

Description

Very well established Thai food full service restaurant. Priced at LESS THAN A 2 YEAR NET EARNINGS MULTIPLE or a double digit CAP RATE!!! Owner has to return home to care for family and, with great regret, must sell her prized restaurant. Over 3200 sf with fully equipped kitchen, dining room with booths and tables, a full service bar, and great clientele. New owner could add other menu items, catering, even bbq by retrofitting an unused brick fire pit. Owners loss is your gain. Lease on space was renewed for five years last March. New owners must qualify to take over existing lease or re-negotiate new terms. See documents for FFE list and other information. Possible transfer of beer and wine license but this must be verified by buyer.

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© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Heymann Williams Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-05-17T21:43:03.273.

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10916 Atlantic Boulevard , #24 Jacksonville, FL 32225

  • Price: $99,900
  • Status: Active
  • On Site: 419 Days
  • Updated: 150 min ago
  • MLS #: 1218782
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,276
SQFT
$30
$/SQFT
1988
Built
Neighborhood:
023-SOUTHSIDE-EAST OF SOUTHSIDE BLVD
County:
Duval
Area:
023-SOUTHSIDE-EAST OF SOUTHSIDE BLVD
Property Description
Very well established Thai food full service restaurant. Priced at LESS THAN A 2 YEAR NET EARNINGS MULTIPLE or a double digit CAP RATE!!! Owner has to return home to care for family and, with great regret, must sell her prized restaurant. Over 3200 sf with fully equipped kitchen, dining room with booths and tables, a full service bar, and great clientele. New owner could add other menu items, catering, even bbq by retrofitting an unused brick fire pit. Owners loss is your gain. Lease on space was renewed for five years last March. New owners must qualify to take over existing lease or re-negotiate new terms. See documents for FFE list and other information. Possible transfer of beer and wine license but this must be verified by buyer.
Exterior Features

Construction Materials ConcreteFrame Roof MetalOther Waterfront YN No

Interior Features

Heating Central Heating YN Yes

Property Features

Additional Remarks Road Surface: Asphalt RoadApprox. Total SqFt: 3276.00Number of Units: 1 - 4 Units Additional Remarks2 Possible Financing-WRAP Around: YNumber of Buildings: 1 BuildingCeiling Height: 8' - 10' Ceilings Additional Remarks3 Current Zoning: CCG-2Occupant Type: Appointment24 hour noticeSee ShowingAssistCall Listing AgentSee Private RemarksOccupied Building Name Justin Plaza Current Use CommercialRetailOther Listing Terms CashConventional Possession Subject To Tenant Rights Property Sub Type Mixed Use Security Features Security Lights Sewer Public Sewer Tenant Pays Common Area MaintenanceInsurance Utilities Natural Gas Available Water Source Public

Listing courtesy of COLDWELL BANKER VANGUARD REALTY: 904-269-7117.


© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Heymann Williams Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-05-17T21:43:03.273.

Digital Millennium Copyright Act
 
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