Current Use by Public Records
- Retail properties & Spaces
Property Details for 551429 Us-1
- Year built
- 1960
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a vacant, single-tenant restaurant building in Hilliard, Florida, listed at $599,000. The 2,823 square foot property, situated on a 20,000 square foot lot (APN: 16-3N-24-2020-0034-0040), boasts a prime location on US-1, ensuring high visibility and ample traffic. Built in 1960 and renovated in 1980, the Class B property features two buildings and is zoned CCG-1. Currently vacant, this presents a unique chance for redevelopment, allowing for customization to suit various dining concepts. The spacious interior offers significant potential for a culinary entrepreneur or investor seeking to capitalize on Hilliard's growing market and supportive community. The property's prominent storefront and easy access with ample parking further enhance its appeal. This owner-user investment opportunity is perfect for those looking to establish or expand their restaurant business in a thriving location. The asking price of $212.19 per square foot reflects the property's significant potential and strategic location. This is a chance to shape the culinary landscape of Hilliard and benefit from a burgeoning market.
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
- Hilliard
- County
- Nassau
- State
- Florida
- Longitude
- -81.9125
- Latitude
- 30.683
