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8490 Highway 1

Micco, FL 32976
  • $85,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: RX-11007676
Price Reduced
UPDATED: 80 min ago
$85,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 700
    SQFT
  • $121
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1920
County:
Area:

School Ratings & Info

Description

Million dollar opportunity to own this reputable, turn key established cafe restaurant with lunch/dinner service, and all owned equipment. Located on 2 acre tropical , old Florida lot with 2 entrances to US 1. Owner says sewer is coming in soon and will allow expansion to'180 chairs, and estimates gross sales will rise to $140K to $180K after that. Restaurant on first floor with 8 tables inside, porch seating as well. Everything included! Back yard w/ extra parking (total of 25 spaces), and greenhouse/garden to continue to grow your produce/herbs. Compost area, newer washer and dryer, newer a/c and newer septic, make this ideal. Great lease! PLUS: Bonus! 2nd floor owner apartment incl in lease price! Owner Sacrifice due to other obligations.

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www.floridarealtyfusion.com/homes/153033186
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8490 Highway 1 Micco, FL 32976

  • Price: $85,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 80 min ago
  • MLS #: RX-11007676
0
Beds
0
Baths
0
½ Baths
N/A
Acres
700
SQFT
$121
$/SQFT
1920
Built
Neighborhood:
Micco
County:
Brevard
Area:
Micco
Property Description
Million dollar opportunity to own this reputable, turn key established cafe restaurant with lunch/dinner service, and all owned equipment. Located on 2 acre tropical , old Florida lot with 2 entrances to US 1. Owner says sewer is coming in soon and will allow expansion to'180 chairs, and estimates gross sales will rise to $140K to $180K after that. Restaurant on first floor with 8 tables inside, porch seating as well. Everything included! Back yard w/ extra parking (total of 25 spaces), and greenhouse/garden to continue to grow your produce/herbs. Compost area, newer washer and dryer, newer a/c and newer septic, make this ideal. Great lease! PLUS: Bonus! 2nd floor owner apartment incl in lease price! Owner Sacrifice due to other obligations.
Exterior Features

Construction Frame Parking Free Road County RoadHighwayMainthru Roof Comp Shingle Waterfront YN No

Interior Features

Ceiling Plaster Cooling CentralWall-Win A/C Heating No HeatOther Miscellaneous2 Traffic Medium

Property Features

Auction No Available Docs Aerial Available Info InventoryPersonal Property InPhotos Business Name Marina Cafe Business Type Restaurant Employees 1 Expenses Include Accounting-LegalAdvertisingLicense & PermitPayrollRentRepair & MaintenanceSupplyUtility-Telephone Fire Protection Smoke Alarm Lease Term Rem 4 -6 Years License Beer & Wine List Office Board Code Realtor Association of the Palm Beaches (RAPB) Location Other Maintenance Fee Includes Grounds / PlantsLawn CareMaintenance-ExteriorReal Estate TaxSewerTrash RemovalWater Ownership Sole Proprietor Possession At Closing REO No Sale Includes Business OnlyEquipmentFixturesFurnitureTools Security Security Sys-Owned Short Sale No Short Sale Addendum No Short Sale AU N/A Special Info Sold As-Is Tax Amount Real Estate Taxes 3260.91 Tax Year 2022 Terms Considered Cash Type Of Building Free StandingRestaurant Year Established 2000.00 Zoning C-Restaurant

Listing provided courtesy of Mac Evoy Real Estate Co: . Listing information © 2024 BeachesMLS
 
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