Current Use by Public Records
- The Red Grill II Mexican Restaurant / Restaurant
Property Details for 715 Federal Hwy
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This turnkey restaurant opportunity in downtown Stuart, Florida, presents a fantastic chance for immediate operation. Located on US1, this 6,000-7,200 square foot space boasts over 200 seats and a fully equipped kitchen. All systems are in place, including necessary licenses and permits. The property is situated in a plaza with a diverse mix of retail and health-related businesses, ensuring high foot traffic and visibility. Ample parking is available with 150 spaces. The current lease is NNN, and the space is vacant, allowing for immediate customization and branding. The asking price is $128,000. While the existing concept is Mexican/Latin American/South American, the space is adaptable to various culinary or entertainment ventures. The strong local market, including a significant retiree population and seasonal influx of visitors, presents excellent growth potential. The sale includes all existing equipment and fixtures, although terms are negotiable. This is an exceptional opportunity for an owner-operator seeking a thriving business in a prime location. Consider the potential for immigration pathways through business ownership. Further details are available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2594
- Latitude
- 27.2143
