1148 CO RD 309 1 # 1
Crescent City, FL, 32112 $ 1,250,000
Bedrooms-- Baths-- Sq 3,205 Monthly Estimate*
$ 7,893
for $1,250,000. This 3,205 square foot building was built in 1973 on a lot size of 5.75.
Exceptional Dual Frontage with Access from both CR 309 & CR 308! Location: Just off the St. Johns River with direct access from both County Road 309 & County Road 308 (Welaka/Fruitland area) Acreage: 5.75 High-Visibility Acres Licensing: Rare & Highly Coveted 5COP Quota Liquor License Included The Opportunity Unlock the ultimate hospitality dream with this massive, fully equipped, and completely turnkey commercial property. Strategically stretching between two of the region's primary corridors, this 5.75-acre property boasts dual road frontage with direct access from both CR 309 and CR 308. This unique through-lot layout puts your business in a prime position to capture seamless drive-in traffic from locals, tourists, and river-bound travelers coming from either direction. The property features a fully operational, ready-to-open restaurant and a detached retail liquor store. With the rare 5COP liquor license included in the sale, you inherit an immediate, dual-stream revenue model that allows for a full bar, package sales, and late-night operations. Everything is in place, fully permitted, and meticulously maintained. Walk in on day one, flip the sign to "Open," and start ringing up sales. Property & Business Features Dual Road Frontage & Easy Access: Features dedicated frontage and access points on both CR 309 and CR 308. This makes navigation effortless for customers, creates excellent pull-through access for large vehicles, and maximizes signage exposure on two major regional roads. Fully Equipped Turnkey Restaurant: A beautifully designed dining room and bar setup, complete with all front-of-house furniture, POS systems, and welcoming decor. Chef's Dream Commercial Kitchen: High-capacity line featuring a commercial pizza oven, walk-in coolers and freezers, exhaust hoods, fryers, flat-tops, conventional ovens, prep stations, and dishwashing facilities. Everything you need to launch a high-volume pizza, Italian, or American-style culinary concept immediately. Detached Retail Liquor Store: A separate, free-standing building on the property dedicated to package liquor sales. Capitalize on steady retail traffic completely independent of the restaurant operations. St. Johns River Micro-Market: Located just moments from the water, perfectly positioned to capture the area's heavy influx of local boaters, weekenders, fishermen, and tourists looking for great food and outdoor dining. 5.75 Acres with Massive Expansion Room: The expansive through-lot layout provides an incredible canvas. Build an outdoor concert stage, add tiki bars, host massive private events/weddings, or physically expand the existing structures. Ample Parking: Extensive, cleared parking lot with excellent flow between the two road entrances, capable of easily accommodating large crowds, tour buses, and heavy-duty boat trailers.
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FeaturesGeneralSewer Private Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected Propane
Possession Close Of Escrow
Year Built 1973
Unit Number 1
Property Subtype Mixed Use
Tax Year 2025
Current Use Commercial
Parcel Number 261226000001000000
Additional Parcels Description Parcel #26-12-26-0000-0090-0000
County Putnam
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Status Active
Directions From Palatka head South on HWY17 Turn Right on CR309 Property will be on the left.
City Crescent City
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 0
MLS Area 583-Crescent/Georgetown/Fruitland/Drayton Isl
Lot Size Units Acres
Lot Size Square Feet 250470.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4040.84
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 583-Crescent/Georgetown/Fruitland/Drayton Isl
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Cash True
Conventional True
Private Pool Y/N None
Water Body Access Y/N None
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ExteriorParking Features Off Street Parking Lot
Lot Features Flag Lot
Water Source Private
Lot Size Area 5.75
Spa N
Lot Size Acres 5.75
Waterfront Y/N N
Road Frontage Type County Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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* Excluded FeaturesList ByTimber To Tides Realty LlcBroker
Reed.Mathews@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,893
- Monthly Property Taxes
- $337
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Crescent City, FL
Average List Price $1,739,857
Percent of Sale Price 39%
About Crescent City, FL 7,956 Population
5% Since 2002
$ 34,239 Median Income
43.79 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/17/2026 | $1,250,000 | | Listed Price |