Extremely rare opportunity to own popular Restaurant/Bar (w/ 4COP Liquor License) in the heart of Mid-Town and across the street from Gainesville's most iconic restaurant , The Swamp. Located less than 1 block away from UF Campus/Stadium, and steps away from a new 589 bed student housing project, This turn key operation had a complete $300k+ renovation last year. Updates include; New Sprinkler system, HVAC, Plumbing, Electrical, Hood system, Walk in cooler, Bathrooms, and all new FF&E. With over 13 years of lease remaining and 12+ yrs of good will, this popular venue has great name recognition perfect for new Owner/Operator. Subject Plaza located in area w/ highest pedestrian density in all of Gville w/ over 19,000 students living in less than a 1 mile radius, which makes leasing opportunities almost unheard of. Plaza also has ample parking (very rare). Current occupancy 112+/- with potential to go up to 250+ w/ layout change. Business has great revenue and comes with full Liquor License which has been Grandfathered in for this location! *Please understand that these are not actual photos of the property to protect the business. More information can be provided once NDA, PFS, POF or Pre-Approval Letter is received.
MLS# | 421498 |
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Type | Retail |
Sub-Type | Resale |
Status | Active |
Days On Site | 33 |
SQ Feet | 1,936 |
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Story(s) | 1 |
Area Information | |
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State | FL |
County | Alachua |
City | Gainesville |
Zip Code | 32603 |
Listing VS Median (in 32603) | |
Price: $699,000 low | high Med: $397,000 SqFt: 1,936 low | high Med: 2,311 $ / SqFt: $361 low | high Med: $172 On Site: 33 low | high Med: 86 |