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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

222 Nova Rd Ormond Beach, FL 32174

2,258 SF Built 1978
Property ID
Property summary
AI-generated overview

This thriving 2,258 square foot Asian bistro in Ormond Beach, Florida, presents a unique investment opportunity. Located at 222 N Nova Road, 32174, this well-established restaurant boasts a loyal customer base cultivated over 14 years. The business is situated in a high-traffic shopping center undergoing recent exterior upgrades, enhancing its appeal and visibility. The center's prime location is surrounded by residential neighborhoods and major retailers, including a Publix supermarket, ensuring consistent foot traffic. The sale includes all equipment (excluding a leased icemaker and dishwasher), the restaurant's name, recipes, techniques, and existing food inventory at the time of closing. This turnkey operation offers a fantastic chance to step into an already successful business with a proven track record. Built in 1978, the restaurant features a grease trap tank, ready for a new owner to continue its legacy of delicious Asian cuisine. The restaurant's established reputation and prime location make this a highly attractive proposition for experienced restaurateurs or aspiring entrepreneurs seeking a profitable venture in a vibrant community. The asking price is $300,000. This is a rare opportunity to acquire a successful, established restaurant with a loyal customer base and significant growth potential. Don't miss out on this exceptional chance to own your own piece of Ormond Beach's culinary scene.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1978
Total area 2,258 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Huey Magoo's Chicken Tenders Restaurant
  • Huey Magoo's Chicken Tenders - Ormond Beach Restaurant
  • Pacific Asian Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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