508 State St Bunnell, FL 32110-6097
This exceptional turn-key business opportunity is located at 508 N State St, Bunnell, FL, offering high visibility and significant traffic flow due to its prime location on US1. The 0.45-acre property includes a well-established restaurant currently operating with excellent customer reviews and a loyal clientele. The building is in excellent condition, having undergone recent improvements by the current owner. The sale includes the business, building, land, equipment, and the current menu, providing a seamless transition for a new owner. The restaurant boasts a seating capacity for 60 diners, two public restrooms, and ample parking for 15 vehicles. A unique feature is an on-site smokehouse, presenting the potential for expansion into barbecue cuisine. The seller is offering a one-month training period and the services of their chef for two to three months, ensuring a smooth operational handover. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a high-traffic location. The asking price is $580,000.
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Domenech Corner Restaurant
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Domenech Corner Cuban Restaurant Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Bunnell, FLBunnell. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.