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304 State Road 26

Melrose, FL 32666
  • $1,300,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: GC501578
UPDATED: 77 min ago
$1,300,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1986
County:
Area:

School Ratings & Info

Description

You will not find a better Location! Incredible business investment opportunity in Melrose Florida. For $158 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 8191 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.12000 cars per day pass this location. The fabulous restaurant is only part of this opportunity. 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.

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-21T10:43:19.547.
www.thomasgrouprealty.com/homes/124499478
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304 State Road 26 Melrose, FL 32666

  • Price: $1,300,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 77 min ago
  • MLS #: GC501578
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1986
Built
Neighborhood:
Melrose
County:
Putnam
Area:
Melrose
Property Description
You will not find a better Location! Incredible business investment opportunity in Melrose Florida. For $158 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 8191 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.12000 cars per day pass this location. The fabulous restaurant is only part of this opportunity. 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

Construction Materials Brick Covered Spaces 0 Foundation Details Slab Open Parking YN No Road Frontage Type Business DistrictMain ThrorughfareState Road Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 8191 Cooling Central Air Cooling YN Yes Flooring Ceramic Tile Heating Central Heating YN Yes Levels Two

Property Features

Flood Zone Code Ae Listing Terms CashConventionalPrivate Financing Available New Construction Yn No Ownership Corporation Property Sub Type Business Realtor Info Confidentiality Letter Required Special Listing Conditions None Tax Annual Amount 5740 Total Annual Fees 0 Total Monthly Fees 0


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Century 21 Lakeside Realty.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-21T10:43:19.547.
 
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