Property summary
This exceptional Keystone Heights, Florida investment opportunity, priced at $799,000, presents a unique blend of income streams. The property encompasses three parcels totaling 60,984 square feet and features a fully operational bar with a 4COP liquor license, allowing the sale of all alcoholic beverages. The bar itself occupies 2,552 square feet and includes all equipment, coolers, a POS system, and smallwares. A 752-square-foot office/storage building is adjacent to the bar. Outdoor seating and a service area extend the bar's capacity, complemented by an open pavilion suitable for entertainment. A 1,200-square-foot commercial steel building, added in 2021, offers potential for leasing. A 1,624-square-foot, two-bedroom, two-bathroom single-family home overlooks Smith Lake and presents further rental income potential, ideal for owner-occupancy or short/long-term rentals. An updated tiny house with kitchenette and bathroom provides additional short-term rental possibilities. The property also includes RV covered parking and storage units. Built in 1960, this one-story structure offers approximately 6,000-6,300 square feet across five units. Seller financing is available. This turnkey operation boasts a long-standing business history and presents significant potential for increased revenue through drive-thru package sales and additional leasing opportunities. The property's unique features and prime location near Smith Lake create a compelling investment opportunity.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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