24646 State Rd 40 Astor, FL 32102-3140
This exceptional turn-key restaurant opportunity is located on State Road 40 in Astor, Florida. The 1,592 square foot building sits on a 0.66-acre lot, offering ample parking and an additional storage building. The interior comfortably seats 52 guests, with an enclosed patio capable of seating an additional 24. Strategically positioned midway between Interstate 75 and Interstate 95, this high-traffic location enjoys easy access for both locals and tourists, just a 30-minute drive from both the beaches and Ocala. Currently operating six days a week (closed Tuesdays) from 6 AM to 9 PM, the restaurant caters to a broad range of customers. The sale includes the property, building, and established business, complete with essential equipment such as a dishwasher, ice machine, grills, and a pizza oven. This is a rare chance to acquire a well-established restaurant in a desirable location with significant growth potential. The property's proximity to the scenic St. Johns River adds to its appeal. This is a ready-to-operate business, perfect for an experienced restaurateur or a savvy investor seeking a high-return opportunity in a thriving community. The asking price is $900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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