Restaurant & Real Estate Opportunity – Downtown

Description

Exceptional opportunity to acquire both a fully equipped restaurant and the underlying real estate in the heart of downtown St. Augustine. This 2,151-square-foot restaurant features seating for 67 guests and is being offered with all furniture, fixtures, and equipment (FF&E) included.Situated on a 0.303-acre parcel, the property offers 23 on-site parking spaces and is zoned CL-2, providing flexibility for a variety of commercial uses. The current tenant is scheduled to vacate within the next few months, creating an ideal opportunity for an owner-operator to establish their business while building equity as their own landlord.Seller will consider a lease purchase option with $80,000 paid for FF&E and $5800 a month rent.Seller financing may be available for qualified buyers with a minimum down payment of $400,000.For additional information or to schedule a private showing, please contact us.Please refer to listing 7101-567731 and ask for Richard Murray when inquiring.