Turn Key Restaurant Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 29987758
Property Subtypes: Restaurant
Building Size (RSF): 2,400 SF
Gross Building Area: 2,560 SF
Gross Land Area: 0.22 Acres
Sale Price: $159,000
Unit Price: $66.25 PSF
Ceiling: 9 ft.
Property Use Type: Business
Building Name: Happy Star
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

Turn key restaurant opportunity with all FF&E's included. New kitchen equipment purchased and installed in 2013. Tenants had to vacate and left all equipment and furnishings behind.
-Ready for business.
-Commercial Kitchen installed in 2013
-Parking Ratio of 5.00/1,000 SF
-Strong daily traffic counts

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 055N302421000002
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Hwy 29 Just South of Hwy 4
Property Visibility: Excellent
Largest Nearby Street: Hwy 29
Feet of Frontage: 100
Traffic/Vehicle Count: 11,900
Highway Access: Immediate access; Hwy 29 business district 17 miles south of I-65 35 miles north of I-10
Airports: Pensacola International Airport - 42 Miles
Site Description: Highly visible location in commercial district. One of the few sit-down restaurants in the area. Easy for customers to find and access from both northbound and southbound lanes. Clean building
Area Description: The Town of Century is located in the northwestern “panhandle” of Florida, in close proximity to regional and international airports, a deep seaport, military bases, CSX rail and interstates 65, 10 and 110.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Property Condition: Excellent
Year Built: 1974
Year Renovated: 2013
Construction/Siding: Steel Frame
Exterior Description: Low Maintenance siding.
Total Parking Spaces: 12
Parking Ratio: 5 (per 1000 SF)
Parking Type: Surface
Parking Description: 12 space paved parking.
Sprinklers: Dry
Heat Type: Electricity
Heat Source: Central
Interior Description: Interior updated in 2007 and commercial kitchen added in 2013 per owner.
Zoning Description: General Commercial
Lot Frontage: 100
Lot Depth: 94
Water Service: Municipal
Sewer Type: Municipal
Easements Description: n/a
Land Ownership: Owned
Legal Description: BEG AT NW COR OF NE 1/4 S ALG W LI 1352 83/100 FT S 54 DEG 21 MIN 0 SEC E 15 33/100 FT FOR POB CONT S 54 DEG 21 MIN 0 SEC E 94 FT TO PT ON WLY R/W LI ST RD 95 S 35 DEG 39 MIN 0 SEC W 100 FT ALG SD WLY R/W LI N 54 DEG 21 MIN 0 SEC W 94 FT N 35 DEG 39 MIN 0 SEC E & PARALLEL WITH SD WLY R/W LI 100 FT T O POB OR 5370 P 578

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 872 2,016 6,002
Median Age: 41.46 39.91 38.41
Households: 308 776 1,739


Photograph of Listing Agent

Omar Walter Nagi

Coldwell Banker Commercial NRT
Gulf Coast CMLS Member
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