University Blvd Jacksonville, FL 32217
- Commercial real estate
- 1,848 SF
Current Use by Public Records
- Commercial real estate
Property Details for 0 University Blvd
- Property size
- 1,848 SF
- Property type
- Commercial real estate
Description
This thriving Jacksonville, FL Mexican bar and grill is available for sale as an asset purchase. Located on University Blvd W in Duval County (zip code 32217), this 1,848 square foot establishment boasts a prime location with high visibility and traffic. The sale includes all furniture, fixtures, and equipment (FF&E), a fully functional commercial kitchen, dining room furniture, bar equipment, POS systems, and an active liquor license for beer, wine, and margaritas (up to 20% alcohol). The restaurant features a diverse menu of traditional Mexican dishes, craft beers, and signature margaritas, and benefits from an established brand and loyal customer base. The current monthly rent is $4,000, and the asking price is $180,000, requiring a 50% down payment. The current owner will provide training and support during the transition. This is an exceptional opportunity for a buyer seeking a turnkey operation with immediate revenue potential. Note: This is an asset sale only; the lease is a NNN lease.
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
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6326
- Latitude
- 30.2609