965 State Road 16 St Augustine, FL $ 100,000
965 State Road 16
$ 100,000
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965 State Road 16

St Augustine, FL, 32084
$ 100,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 567

965 State Road 16, St Augustine, FL 32084 - Image 1

Commercial Property for sale in St Augustine, FL

for $100,000. The lot size is 8.85.

Price Improved!!! Motived seller is turning over a very profitable restaurant business and retire. Price is highly negotiable and the seller would entertain all reasonable offers. Gross sales $525k in 2019 and $479k in 2020. Net $49k in 2019 and 27k in 2020 (COVID year) after all expenses and payrolls. 2021 and 2022 are all doing better. This is suitable either for home based or absentee owners. A little less than a year left on the lease in a Publix plaza, the property management company is open to renegotiate a lease with the new tenant. Licensed for 16 seats. All equipment, marketing, signs, tables and chairs will convey. Existing inventory is not included in the price but it's negotiable. Could easily add other cuisine such as Vietnamese , Japanese or Spanish food as takeout or dine in. Store sf is 1, 200(80x15'). Numbers can be backed up by Profit and Loss and Business Income Tax. All documents are available for review in due diligence period.DISCLAIMER: All Details Disclosed subject to error, omission or change without notice.

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Commercial Active

Price

$ 100,000

Property Type

Commercial

Style

Retail

Lot Size

8.85

Town/City

St Augustine

County/Region

Saint Johns

MLS | Web ID

223531

Rental Information
2022-05-02
List By
Re/Max Leading Edge

Broker

Affordability Calculator

$567
Per Month
100%
0%
0%
Monthly Principal & Interest
$567
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
5/8/2022$100,000 -23.08% Price Down
5/2/2022$130,000 Listed Price

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965 State Road 16, St Augustine, FL, 32084 is a Commercial Property for sale at $100,000 with a lot size of 8.85. 965 State Road 16 has 0.0 baths. The property's zip code is 32084 which is in St Augustine, FL