Skip To Content

304-306 Fl-26

Melrose, FL 32666
  • $1,300,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 1148126
UPDATED: 57 min ago
$1,300,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Description

You will not find a better Location! Incredible business investment opportunity in Melrose Florida. For $137 per square foot, the right entrepreneur could make this the post popular eating, drinking and entertainment venue in North Central Florida. Your Return on Investment begins immediately as this 9471 square foot property includes Gator Bait Sports Bar and Grill. Gator Bait is a turnkey thriving restaurant and bar with a wonderful menu, live alligators, outdoor seating, live music and beer and wine in Melrose on highly visible St. Rd. 26. Numerous upgrades to operating system including new computers and Point of Sale software with online ordering.The drain field has recently been replaced and expanded. 12000 cars per day pass this location. The fabulous restaurant is only part of thisopportunity. Above the restaurant is a 2013 sq. ft. completely renovated office suite or 4 BR 1.5 BA Air BNB opportunity. Behind the main building is an attached 2034 sq. ft warehouse and a 1702 sq. ft storage building. This could be converted to expand the restaurant and bar to a fabulous live music venue with pool tables, arts, or other video games. The opportunities are endless. Further ROI increases of $30-50K annually can be realized if a liquor license is obtained. This is a property that must be seen to be fully appreciated and to grasp the possibilities.

Monthly Payment Calculator



© 2022 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 Keller Williams Realty Atlantic Partners 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 2022-01-16T12:24:00.14.

Digital Millennium Copyright Act
www.noahbaileygroup.com/homes/124499121
Print Image

304-306 Fl-26 Melrose, FL 32666

  • Price: $1,300,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 57 min ago
  • MLS #: 1148126
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1986
Built
Neighborhood:
57-Putnam County-West
County:
Putnam
Area:
57-Putnam County-West
Property Description
You will not find a better Location! Incredible business investment opportunity in Melrose Florida. For $137 per square foot, the right entrepreneur could make this the post popular eating, drinking and entertainment venue in North Central Florida. Your Return on Investment begins immediately as this 9471 square foot property includes Gator Bait Sports Bar and Grill. Gator Bait is a turnkey thriving restaurant and bar with a wonderful menu, live alligators, outdoor seating, live music and beer and wine in Melrose on highly visible St. Rd. 26. Numerous upgrades to operating system including new computers and Point of Sale software with online ordering.The drain field has recently been replaced and expanded. 12000 cars per day pass this location. The fabulous restaurant is only part of thisopportunity. Above the restaurant is a 2013 sq. ft. completely renovated office suite or 4 BR 1.5 BA Air BNB opportunity. Behind the main building is an attached 2034 sq. ft warehouse and a 1702 sq. ft storage building. This could be converted to expand the restaurant and bar to a fabulous live music venue with pool tables, arts, or other video games. The opportunities are endless. Further ROI increases of $30-50K annually can be realized if a liquor license is obtained. This is a property that must be seen to be fully appreciated and to grasp the possibilities.
Exterior Features

Building Stories 2 Stories Lot Description High & DryRegular LotSidewalks Lot Location Free Standing Navigable To Ocean YN No Parking Facilities No Covered ParkingOn-Street ParkingOther Parking Road Frontage State Road Road Surface Asphalt Road Roof Shingle Structure Brick (Other)Slab Waterfront YN No

Interior Features

HVAC Central Misc Amenities Central Tv AntennaMulti-TenantOutside StorageSecurity System Total Bldg Sq Ft 9471.00

Property Features

Buildings 3 Buildings Commercial Type Business Opportunity Condition Excellent Current Zoning C2 Development Status Other Land Use Code 010S - Commercial Fr Possible Financing CashConventional Present Use Zoned Commercial Square Foot Source Tax Roll Type Potential Use Bed & BreakfastBusinessBusiness With ReCommercialInvestmentOfficeRecreational Use Of Adjacent Area CommercialState Road Utilities Water - Public Zoning Parcel A C2 Zoning Parcel B C2

Listing courtesy of Century 21 Lakeside Realty.


© 2022 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 Keller Williams Realty Atlantic Partners 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 2022-01-16T12:24:00.14.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/nefar/1280_boomver_1_1148126-2.jpg https://bt-photos.global.ssl.fastly.net/nefar/1280_boomver_1_1148126-2.jpg https://bt-photos.global.ssl.fastly.net/nefar/1280_boomver_1_1148126-2.jpg
Logo
Keller Williams Realty Atlantic Partners
100 Southpark Blvd., Suite 201
St. Augustine FL, 32086