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Restaurant with RE Located downtown St Augustine

St. Johns County, Florida

Asking Price: Gross: Cash Flow:
$1,800,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$1,700,000 (included in the asking price)

Business Summary:
Restaurant and Real Estate located in downtown St Augustine. This 2151 SF restaurant with seating for 66 is fully built out and comes with FF&E and Real Estate. Lot is 0.303 Acres, contains 23 Parking spaces and is Zoned CL-2. Tennant is scheduled to move out in a few months. This is the perfect opportunity to have a restaurant and be your own landlord. Sellers willing to finance for a qualified buyer with $500,000 down. Please refer to listing 7101356975 and advisor Richard Murray when inquiring.

 
   
   
Facilities / Terms of Lease: Type of Location Facilities Single story restaurant, lot size 0 .303 acres. 23 parking spaces Monthly Rent $0.00 Square Units (Foot, Meter) 2,151  
   
Owner willing to finance: Owner Financing Terms $1,300,000.00 Owner Financing Interest 7.5% Owner Financing Terms Months 180 Owner Financing Monthly Payment $12,051.16  
   
Owner willing to train: Seller will train for 2 weeks at no cost  
   
Reason for selling: Other  
 

 

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