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    Mixed-Use Restaurant Asset For Sale Title is generated by Realmo AI

    125 N Main Street, Hastings, FL 32145

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    Claim this Listing
    For Sale
    $899,000

    SINGLE_FAMILY - Hastings, FL

    Type:Retail
    Lot size:
    0.34 Acres
    Added:
    May 8, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 28 at 3:06 am

    Property Features for 125 N Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    Out of County
    Parking
    26
    Parking features
    Paved or Surfaced
    Patio and Porch features
    Deck
    Interior features
    HighCeilings, InLawFloorplan, StoneCounters, UpdatedKitchen, SecondFloorEntry, FirstFloorEntry, SlidingGlassDoors
    Exterior features
    Deck, Landscaping, Lighting
    Standard status
    Active
    APN
    0456000000
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3135

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Window Unit(s), Central Air, Ductless
    Water source
    Public

    Building Details

    Year built
    1911
    Floors in Building
    3
    Flooring type
    Tile, Wood, Carpet, Vinyl
    Building materials
    HardiplankType
    Roof type
    Metal
    Additional Structures
    Shed(s)

    We can help!

    Contact an agent
    Richard Fernley

    Listing agent Richard Fernley License #3602811

    Listing office Century 21 J.W.Morton R.E. 1645 W Main Street, Inverness, FL

    Listing date May 8, 2026

    MLS# 854590

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High 12.74% cap rate, indicating strong potential return on investment.
    • Established restaurant operation with multiple revenue streams and adaptable mixed‑use space.
    • Strategically located along a primary corridor in the rapidly growing Jacksonville MSA, with high traffic counts.
    • Recent capital improvements (2023‑2025) including upgraded electrical, roof addition, interior renovations, sprinkler system, and outdoor dining deck.
    • Flexible second- and third‑floor space suitable for residential, office, storage, or expanded dining, offering diverse income possibilities.
    • Located in St. Johns County, one of Florida's fastest‑growing counties, with ongoing local investment in community development projects.

    Overview

    This mixed-use property offers a 12.74% cap rate opportunity in a rapidly growing Florida market. The asset includes an established restaurant operation, underlying real estate, and adaptable mixed-use space. It is strategically positioned along a primary Northeast Florida corridor within the Jacksonville MSA, which boasts an estimated 2023 GDP exceeding $129 billion. The property generates multiple revenue streams through its restaurant and ice cream operations, with both dine-in and takeout service channels. The site features approximately 248 feet of corner frontage and is located 400 feet from the signalized intersection of SR 207 and CR 13/N. Main Street, with FDOT 2025 traffic counts ranging from 21,000-24,000 AADT. The first-floor restaurant includes a commercial kitchen with a gas-fired pizza oven, stainless prep areas, commercial refrigeration, a three-compartment sink system, prep and storage areas, a POS system, and an operational workflow designed for dine-in and takeout service. A separate ice cream component has its own entrance and walk-up service window. The second- and third-floor space includes four private rooms and two bathrooms with separate exterior access, offering flexible use potential for residential or office occupancy, storage, operational support, or expanded dining operations. Recent capital improvements include upgraded 120/208V commercial electrical service with expanded panel capacity (2025), a covered roof addition over the dining area (2024), interior renovations (2023), new wiring of 2nd and 3rd floors (2023), repiping of new fixtures (2023), NFPA 13D wet sprinkler system installation (2023), and outdoor dining deck construction seating up to 48 guests (2023). The property is located in St. Johns County, benefiting from continued investment in downtown Hastings, including the new Hastings Community Center and Library scheduled to open in 2026 and the ongoing $21 million redevelopment of the historic Hastings High School into a First Coast Technical College campus. The property has public water and sewer and long-term growth potential along an expanding Northeast Florida corridor between St. Augustine and Palatka. The lot size is 0.34 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Main St Pizza ... Restaurant Hershey’s Ice Cream Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hastings
    County
    St. Johns
    State
    Florida
    Longitude
    -81.508578
    Latitude
    29.715427

    FAQs

    What type of property is this?
    Conventional restaurant - Income-producing mixed-use restaurant with long-term growth potential.
    Where is this conventional restaurant located?
    The property is located at 125 N Main Street Hastings, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: High 12.74% cap rate, indicating strong potential return on investment.; Established restaurant operation with multiple revenue streams and adaptable mixed‑use space.; Strategically located along a primary corridor in the rapidly growing Jacksonville MSA, with high traffic counts.
    (352) 464-2664
    We can help!
    Contact an agent
    Richard Fernley
    Real Estate License ID: 3602811
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