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    FOR SALE
    Bars & Pubs

    5406 County Road 218, Middleburg, FL 32068

    3,021 SF 1 ac lot Built 1950
    Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US19-0386234
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a well-established commercial property located just outside Middleburg, Florida, bordering Jennings State Forest. This turnkey operation, a beloved local fixture for 50 years, encompasses a thriving sports bar and a fully licensed liquor store. The property sits on a 0.68-acre lot and offers a substantial amount of space, including indoor and outdoor seating areas, a spacious dance floor, and ample room for pool tables. The sale includes a complete inventory of bar and liquor store stock, significantly reducing the burden on a new owner. A significant advantage is the existing 4 COP liquor license, a valuable asset already in place. The current staff are also willing to remain with the business, ensuring a smooth transition and continuity of service. This presents a rare chance to acquire a profitable, established business with a loyal customer base and significant growth potential. The property's location adjacent to Jennings State Forest offers unique appeal and access to outdoor recreation enthusiasts. This is a truly exceptional opportunity for an investor seeking a turnkey business with a proven track record and significant upside. The asking price is $1,800,000.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group NIGHTCLUB (COCKTAIL LOUNGE)
    Year built 1950
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,021 SF
    Lot 1 ac (43,560 SF)
    APN 36-04-23-000381-001-00
    UPID US19-0386234
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Mtanus Mhesn · 20 yrs held
    Mtanus Mhesn
    since 2005
    3 recorded transactions
    2005
    $300,000
    2003
    $245,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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