Description
This newly renovated turn-key commercial building has two units, both currently occupied by a cafe / restaurant. The property offers a prime opportunity for investors with a long term tenant in place, with 9 years left on their lease. Situated on a prime corner lot on a busy thoroughfare and there is over 4,144 square feet of leased space, with C-2 zoning. Current income is $4,000 per month for both units, providing stable and consistent rental income. The property has a full commercial kitchen and three ADA accessible restrooms. The building has been recently updated with new paint, flooring, walk-in cooler, and resurfaced parking lot, enhancing its appeal and functionality. Located on a well-traveled avenue, this property combines a strategic location with reliable tenancy, making it a solid investment choice.
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0BEDS
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0.53ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This newly renovated turn-key commercial building has two units, both currently occupied by a cafe / restaurant. The property offers a prime opportunity for investors with a long term tenant in place, with 9 years left on their lease. Situated on a prime corner lot on a busy thoroughfare and there is over 4,144 square feet of leased space, with C-2 zoning. Current income is $4,000 per month for both units, providing stable and consistent rental income. The property has a full commercial kitchen and three ADA accessible restrooms. The building has been recently updated with new paint, flooring, walk-in cooler, and resurfaced parking lot, enhancing its appeal and functionality. Located on a well-traveled avenue, this property combines a strategic location with reliable tenancy, making it a solid investment choice.
© 2024 St. Augustine & St. Johns County Board of Realtors. 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 believed to be accurate but not guaranteed by the MLS or Zach DiFilippo | Coldwell Banker Premier Properties. Data last updated 2024-10-08T23:30:40.863.