Bistro-Style Restaurant with Lake
For Sale
$365,000
2 N Park Street, Crescent City, FL 32112
Fully equipped kitchen, dining space, furnishings, fixtures, and equipment are included with this operating restaurant.
Property Size1,500 SF
Price / SF$243.33
Days on Market48
Property Features for 2 N Park Street
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$3,183
Building Details
Building Size
1,500 SF
Year Built
1968
Stories
1
Units
1
Listing Agency:
CENTURY 21 TRITON REALTY
(352) 217-2873
Listed By:
JANA MCNALLY · License #3455946
(352) 217-2873
Source:
Giffordproperties
Added: Jun 16
Changed: Aug 2
Last Checked: Aug 2 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 TRITON REALTY
Investment Insights
Based on property information with market context.
This 1,500-square-foot restaurant property presents a bistro-style format with an operating dining room and a fully equipped kitchen. Furnishings, fixtures, and equipment are included, providing a complete physical setup for restaurant operations. Built in 1968, the property carries Commercial zoning.
Located at 2 N Park Street in Crescent City, the restaurant offers views toward Lake Crescent and the Lake Crescent boat dock. Its town-center setting places the property within the community’s established commercial environment. The existing restaurant improvements and included equipment create a cohesive package for an operator seeking an established food-service property.
Located at 2 N Park Street in Crescent City, the restaurant offers views toward Lake Crescent and the Lake Crescent boat dock. Its town-center setting places the property within the community’s established commercial environment. The existing restaurant improvements and included equipment create a cohesive package for an operator seeking an established food-service property.
Key Highlights
- 1,500‑square‑foot restaurant property
- Bistro‑style restaurant with views of Lake Crescent and the Lake Crescent boat dock
- Fully equipped kitchen included
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.7k | $17.16 |
| − Vacancy | −$1.2k | −$0.77 |
| EGI | $24.6k | $16.39 |
| − OpEx | −$7.4k | −$4.92 |
| NOI | $17.2k | $11.47 |
1,500 SF · lease $17.16/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$245.8K
$215.1K – $286.8K
NOI $17,207 @ 7.0% cap · market cap 4.71%
Second Best
Specialty Retail
$237.7K
$208.0K – $277.3K
NOI $16,637 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$390.6K
$341.8K – $455.8K
NOI $27,345 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
42k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 46%
Home Improvements & Furnishings 6%
Wendy's
Dining
10,522 visits/mo
0.4 miles
Circle K
Shops & Services
10,076 visits/mo
0.3 miles
Dollar General
Shops & Services
6,894 visits/mo
0.4 miles
Domino's Pizza
Dining
4,757 visits/mo
0.3 miles
SUBWAY
Dining
3,980 visits/mo
0.3 miles
Demographics for 32112, FL
7,460
Population
3,866
Households
1.9
Avg Household Size
45
Median Age
10%
College-Educated
69%
High-School Grad
51.5 sq mi
ZIP Area
145
Density / Sq Mi
$39,247
Median Household Income
$27,238
Median Earnings
$743
Median Rent
$150,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped kitchen, dining space, furnishings, fixtures, and equipment are included with this operating restaurant.
Where is this conventional restaurant located?
The property is located at 2 N Park Street Crescent City, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 1,500‑square‑foot restaurant property; Bistro‑style restaurant with views of Lake Crescent and the Lake Crescent boat dock; Fully equipped kitchen included
