Gainesville, FL 32601,12 SW 1ST AVE
Gainesville, FL 32601,12 SW 1ST AVE
Gainesville, FL 32601,12 SW 1ST AVE
Gainesville, FL 32601,12 SW 1ST AVE
Gainesville, FL 32601,12 SW 1ST AVE
Gainesville, FL 32601,12 SW 1ST AVE
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$ 95,000
Est. payment | /mo

4,620 SqFt


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$ 95,000
Est. payment | /mo
Save

4,620 SqFt

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 4,620 sqft

Price per Sqft $20

MLS Listing ID GC523815

HOA Y/N No

Originating Board Stellar MLS

Year Built 1900

Annual Tax Amount $10,117

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Paramount Grill presents an excellent opportunity for a new owner to take over a well-established restaurant with a solid reputation and strong financial performance. Whether you're an experienced restaurateur looking to expand your portfolio or an entrepreneur entering the hospitality industry, this turnkey operation offers a compelling investment in a sought-after location. Serious inquiries are encouraged to explore this rare chance to acquire Paramount Grill and continue its legacy of culinary excellence and profitability. For further details or to schedule a viewing, please contact us today.
Key Features:

Seating Capacity: Accommodates 78 guests comfortably.
Location: Enjoy a prominent position with a full sidewalk frontage, ideal for attracting foot traffic.
Liquor License: Fully licensed for wine and beer service, enhancing the dining experience.
Established Tenure: Successfully operated for 4 years under current ownership.
Lease Details: Monthly rent of $3,737 includes sales tax, with property taxes covered by the landlord.
Insurance Responsibilities: Interior insurance expenses managed by the chef, while building insurance is covered by the landlord.
Size: Spans 2,800 square feet, providing ample space for dining and kitchen operations.
Financial Performance: Boasts a robust gross annual sales figure of $1.4 million, translating to a net income of approximately $4,000 per month.

Location

State FL

County Alachua

Zoning CCD

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Story 1

Foundation Block

Lot Size Range 0 to less than 1/4

New Construction false

Others

Ownership Other

Special Listing Condition None

Stellar MLS
Listed by BOSSHARDT REALTY SERVICES LLC
agent-avatar

Ani Palaus
Agent License ID: SL3527257

 

I'm Ani Palaus, your expert in Tampa Bay Coastal properties. From luxurious beachfront homes to charming coastal cottages and stunning waterfront condos, I have the experience to find your dream property. With my deep knowledge of the local market, I'll provide valuable insights and guide you through a seamless buying or selling process. Whether you're a first-time buyer or a seasoned investor, I’m here to help you achieve your real estate goals with exceptional service and dedication.

+1(813) 444-3087

anni@palausproperties.com

St Pete Beach, FL, 33706, USA

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12 SW 1ST AVE