New Listing
101 Palm Harbor PARKWAY
PALM COAST, FL, 32137
Price$225,000
Beds0
Baths0
SqFt1,250
Baths0
SqFt1,250
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
Act now on this money maker and take advantage of the upcoming holiday/snowbird season!
Long term lease (8 more years via four remaining two-year lease extensions) at below market rate with NO rent increases for the entirety of the remaining lease extensions! This is just one of the highlights of this popular turnkey 48 seat unique restaurant and bar concept in full operation since 2020 which also features nationally recognized menu brand. Steady trend of rising sales showing 20% increase year-to date over 2022 through October 2023 with plenty of opportunity to increase sales with additional hours and expanded menu offerings. Located in a unique and highly sort after location popular with local clientele as well as visitors to the area. Includes all furniture, fixtures, and equipment all of which are in good shape. Fantastic opportunity for experienced operators or first timers looking to get into the restaurant/bar business. Excellent family business with fantastic, loyal employees in place who are also ready to step up and assist in management aspects of the operation. Financials and other pertinent due diligence materials available to qualified buyers. Proof of funds and executed Confidentiality Agreement required.
Long term lease (8 more years via four remaining two-year lease extensions) at below market rate with NO rent increases for the entirety of the remaining lease extensions! This is just one of the highlights of this popular turnkey 48 seat unique restaurant and bar concept in full operation since 2020 which also features nationally recognized menu brand. Steady trend of rising sales showing 20% increase year-to date over 2022 through October 2023 with plenty of opportunity to increase sales with additional hours and expanded menu offerings. Located in a unique and highly sort after location popular with local clientele as well as visitors to the area. Includes all furniture, fixtures, and equipment all of which are in good shape. Fantastic opportunity for experienced operators or first timers looking to get into the restaurant/bar business. Excellent family business with fantastic, loyal employees in place who are also ready to step up and assist in management aspects of the operation. Financials and other pertinent due diligence materials available to qualified buyers. Proof of funds and executed Confidentiality Agreement required.
| Price | $225,000 | |
| Total Baths | 0 | |
| Property Type | Commercial | |
| Sub type | MixedUse | |
| MLS Sub type | Mixed Use | |
| Year Built | 2005 | |
| Heating | Central | |
| Directions | Palm Coast Pkwy to Palm Harbor Pkwy to European Village entrance. | |
| County | Flagler | |
| Latitude | 29.571721 | |
| Longitude | -81.191182 | |
| Market Area | 32137 – Palm Coast | |
| Address | 101 Palm Harbor PARKWAY #133, PALM COAST, FL 32137 | |
| Unit | 133 | |
| Postal Code | 32137 | |
| City | PALM COAST | |
| State | FL | |
| Country | United States | |
| Listing Office | LANDMARK REALTY OF FLORIDA | |
| Listing Office Phone | 386-517-9323 | |
| Listing Agent | GERARD MASIELLO | |
| Listing Agent Phone | 386-517-9323 | |
| Special listing conditions | None | |
| Ownership | Condominium | |
| Days on market | 167 | |
| MLS Status | Active | |
| Listing Date | Nov 22, 2023 | |
| Listing Last Modified | May 7, 2024 | |
| Tax Year | 2023 | |
| MLS Area | 32137 – Palm Coast | |
| MLS # | FC296336 | |
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