Turnkey Restaurant and Coffee Shop
413 Elm Street Welaka, FL 32193
413 Elm Street, Welaka, FL, 32193
$425,000
For Sale
$425,000
Turnkey restaurant building with C2 zoning, fully equipped for operation, plus a separate coffee shop area with storage and restroom.
Property Size2,100 SF
Lot Size0.46 Acres
Price / SF$202.38
Days on Market307
Property Features for 413 Elm Street
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.46 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 2004
Listing agency
PENINSULA PROPERTIES REALTY INC
(904) 891-4873
Listed by
CRYSTAL MOYER · License #3325691
(904) 891-4873
Source
Compass
Added: Sep 19, 2025 Updated: Jul 21 at 7:17AM Checked: Jul 21 at 7:17AM
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 PENINSULA PROPERTIES REALTY INC
Investment Insights
Based on property information with market context.
This turnkey commercial building is set up for restaurant operations and includes the appliances and equipment needed to operate. The interior is designed with ample space for both dining and kitchen functions. A separate area identified as Unit 417 includes storage and a restroom, and is currently operating as a coffee shop.
The property is offered for sale at 413 Elm Street in Welaka, Florida, and is described as having C2 zoning, which supports a range of potential business uses. The site sits on nearly half an acre (.46 acres), providing outdoor space associated with the building.
Seller financing is available with approved credit.
The property is offered for sale at 413 Elm Street in Welaka, Florida, and is described as having C2 zoning, which supports a range of potential business uses. The site sits on nearly half an acre (.46 acres), providing outdoor space associated with the building.
Seller financing is available with approved credit.
Key Highlights
- Commercial building with C2 zoning in Welaka, Florida—supports a wide range of business opportunities
- Restaurant building built in 2004 with 2,100 total SF (owner‑supplied) and 3 total bathrooms
- Comes fully equipped with appliances and equipment necessary for a restaurant operation
Local Financial Insights For Specialty Retail
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 | $32.8k | $15.60 |
| − Vacancy | −$1.7k | −$0.81 |
| EGI | $31.1k | $14.79 |
| − OpEx | −$7.8k | −$3.70 |
| NOI | $23.3k | $11.09 |
2,100 SF · lease $15.60/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$332.7K
$291.2K – $388.2K
NOI $23,292 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$546.9K
$478.5K – $638.1K
NOI $38,283 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Outback Smoke Shack
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant building with C2 zoning, fully equipped for operation, plus a separate coffee shop area with storage and restroom.
Where is this conventional restaurant located?
The property is located at 413 Elm Street Welaka, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Commercial building with C2 zoning in Welaka, Florida—supports a wide range of business opportunities; Restaurant building built in 2004 with 2,100 total SF (owner‑supplied) and 3 total bathrooms; Comes fully equipped with appliances and equipment necessary for a restaurant operation
