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    5236 S Ridgewood Avenue

    Port Orange, FL 32127
    • $849,000
    • STATUS: Active
    • ON SITE: 399 days
    • MLS #: 1063695
    UPDATED: 38 min ago
    $849,000
    • 0
      BEDS
    • 2.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 103,708
      SQFT
    • $8
      $/SQFT
    Type:
    Commercial
    Built:
    1930
    County:

    School Ratings & Info

    Description

    BUSINESS SALE - The original First Turn Steakhouse & Sportsbar business with guranteed lease of property. 25,000+ DAILY VEHICLE COUNT! A must stop location for both locals and visitors, the business draws upon a year round series of events and local music performers. Food, drink, entertainment are all part of the mix all year. This opportunity to purchase just the business with a lease of buildings & land is perfect for anyone seeking an immediate excellent cash flow and profitability. Indoor and outdoor live entertainment stages. Included in the business sale - Type 4COP+Package liquor license, lease income from tenants, business name, good will, signs, decor, furnishings, equipment and long term lease of buildings and property.The property lease offered with the business sale includes approx $4K+ income from rental units on property. Other buildings available for lease to add more income. Property financials available to qualified parties with signed NDA.

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    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2020-11-27T11:26:42.04.
    www.nicolechapmanre.com/homes/100256830
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    5236 S Ridgewood Avenue Port Orange, FL 32127

    • Price: $849,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 1063695
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.38
    Acres
    103,708
    SQFT
    $8
    $/SQFT
    1930
    Built
    Neighborhood:
    Port Orange S of Dunlawton, E of 95
    County:
    Volusia
    Area:
    Port Orange S of Dunlawton, E of 95
    Property Description
    BUSINESS SALE - The original First Turn Steakhouse & Sportsbar business with guranteed lease of property. 25,000+ DAILY VEHICLE COUNT! A must stop location for both locals and visitors, the business draws upon a year round series of events and local music performers. Food, drink, entertainment are all part of the mix all year. This opportunity to purchase just the business with a lease of buildings & land is perfect for anyone seeking an immediate excellent cash flow and profitability. Indoor and outdoor live entertainment stages. Included in the business sale - Type 4COP+Package liquor license, lease income from tenants, business name, good will, signs, decor, furnishings, equipment and long term lease of buildings and property.The property lease offered with the business sale includes approx $4K+ income from rental units on property. Other buildings available for lease to add more income. Property financials available to qualified parties with signed NDA.
    Exterior Features

    Construction Concrete BlockMetalStuccoWood Frame Depth 238.00 Highway Access Corner Parking LightedLot Parking Spaces 200 Rail Access No Road Frontage 530.00 Road Type 4-Lane Roof Metal Site Improvements Curb/SidewalksGuttersOutbuildingPole SignSecurity Fencing

    Interior Features

    Air Conditioning CentralMixedWall/Window UnitsZoned Ceiling Height 10.0000 Heating CentralMixedWall/Window UnitsZoned Interior Improvement Display WindowGround Level DoorKitchen FacilityPrivate RestroomsPublic RestroomsSecurity System Office 2085.00 Retail 5125.00 Sq Ft Occupied 11939.00 Sq Ft Total 11939.00

    Property Features

    Access Transport 4 LaneCityDividedState HighwayUs Highway As Is Condition Yes Base Lease 12500.00 Building Type Location AttachedCommercialFree StandingMixed UseOffice BuildingSee Remarks Business Income Opportunity Restaurant Business Type See Remarks Commercial Property Name First Turn Commercial Style Business Opportunity Current Number Of Tenants 4.0000 Current Use Steakhouse/Sportsbar Electric Meters 4 Financial Package No Franchise Opt In No Gas Meters 0 Gross Income 2000000.00 Homestead Exemption No Includedin Sale Beer/Wine LicenseBusiness NameEquipmen/MachineryFixturesFurnitureGood WillLease (Building)Lease (Land)Lease With OptionLicenseLiquor LicenseSigns - Owned Lease Provisions 3 - 5 YearsOptional PurchaseRenewal OptionTenant May Sublet Lease Type Triple Net Nrr Req No Per Month 12500.00 Percent Occupancy 100.00 Possible Use Bar/TavernGeneral OfficeRestaurant Sewer Public Sewer Special Contingency No Sq Ft Source Property Appraiser Tax Year 2018 Taxes 6515.00 Utilities On Site 220 Volt Svc440 Volt SvcThree PhaseUnderground Water City Water Meters 4 Zoning Text ClubAutoStore

    Listing courtesy of Robert Brewster of Watson Realty Corp..


    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2020-11-27T11:26:42.04.
     
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