Waterfront Bar with
850019 US Highway 17, Yulee, FL 32097
For Sale
New
$550,000
An operating bar and restaurant includes a concrete boat ramp and potential dockage.
Property Size1,849 SF
Lot Size3.00 Acres
Days on Market1
Property Features for 850019 US Highway 17
General Information
Standard status
Size
Lot size
Property subtype
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Road Access
Patio
Amenities
large porches
indoor and outdoor seating
two restrooms
Nassau River frontage
Concrete boat ramp
paved parking
Building Details
Building Size
Year Built
Buildings
Listed By:
Brent Baris
(813) 363-5676
Source:
Lee-associates
Added: Nov 12
Last Checked: Nov 12 at 2:22PM
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 Brent Baris
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Investment Insights
Based on property information with market context.
This operating bar property occupies an approximately three-acre site on the Nassau River, with about one acre usable. The building, constructed in 1973, has large porches, indoor and outdoor seating, and two restrooms. The current use is a waterfront bar; the property was previously used as a fish camp.
The site has Nassau River frontage and visibility from US Highway 17. A concrete boat ramp is in place, and dockage is described as a possibility. Paved parking serves the property. The current tenant is open to continuing after a sale.
The site has Nassau River frontage and visibility from US Highway 17. A concrete boat ramp is in place, and dockage is described as a possibility. Paved parking serves the property. The current tenant is open to continuing after a sale.
Key Highlights
- Approximately three‑acre site, with about one acre usable
- Nassau River frontage and visibility from US Highway 17
- Operating waterfront bar with indoor and outdoor seating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,390
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,800
$447.8K
Cap Rate 7%
$319,857
$319.9K
Cap Rate 9%
$248,778
$248.8K
Market Conditions
NOI Build-Up for 1,849 SF
Gross rent
$33.3K $18.00/SF
− Vacancy
−$3.4K −$1.85/SF
EGI
$29.9K $16.15/SF
− OpEx
−$7.5K −$4.04/SF
NOI
$22.4K $12.11/SF
Area
Nassau County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,800
Cap Rate 7%
$319,857
Cap Rate 9%
$248,778
Alternative Uses
Best Use
Specialty Retail
$319.9K
$279.9K – $373.2K
NOI $22,390 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$493.2K
$431.6K – $575.4K
NOI $34,525 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32097, FL
23,564
Population
9,941
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
90%
High-School Grad
124.7 sq mi
ZIP Area
189
Density / Sq Mi
$89,270
Median Household Income
$45,340
Median Earnings
$1,724
Median Rent
$293,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Cruzn' Eddie's — 850019 Hwy 17, Yulee, FL 32097
Frequently Asked Questions
What type of property is this?
Bar & Pub - An operating bar and restaurant includes a concrete boat ramp and potential dockage.
Where is this bar & pub located?
The property is located at 850019 US Highway 17 Yulee, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately three‑acre site, with about one acre usable; Nassau River frontage and visibility from US Highway 17; Operating waterfront bar with indoor and outdoor seating
