$300,000
$340,000
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16460 E HIGHWAY 40 Silver Springs, FL 34488
3,618 SqFt
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 3,618 sqft
Price per Sqft $82
Subdivision North Lake Bryant Anx
MLS Listing ID OM655524
Sold Date 05/29/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1987
Annual Tax Amount $2,480
Lot Size 1.770 Acres
Acres 1.77
Property Description
Florida is always open!! Live here & work here opportunity. Fully functional turn key restaurant/business & real estate. Zoned B-5 & R-4 all adjoining. B-5 in Marion County Florida offers an endless supply of business opportunities. Live here & work here or collect your rent from all 3 units each month. Total of 1.77 acres. Located on the corner of E Hwy 40 & SE 165th Ave. 269 feet of East Hwy 40, B-5 zoned frontage. 96 feet of B-5 zoning frontage on SE 165th Ave. 121 feet of water front on North Lake. Within a reasonable 3/4 mile distance or less from other multiple commercially zoned businesses such as CVS, Winn Dixie, Big Pines Hardware, Dollar General, Family Dollar, Tag office, Dollar Tree, Real Estate office, 2 gas stations, liquor store, Subway, Library, Regions Bank, public waste facility, Sheriff sub station, storage units, Domino Pizza, Marion County Public Community Center, doctors office and Advance Auto. The AADT traffic count with the DOT is 8,300 per day as of the year 2021. Includes the 1014 square foot Concrete Block Stucco restaurant, 2 restrooms, metal roofing, asphalt parking lot, storage shed, drive through window, 264 square foot outdoor dinning area. Kitchen appliances, seating along with everything needed to operate is included in the sale. Currently has a beer & wine license which new owner would need to apply for in their own name. 1 well, 3 septic tanks. The 2 bedroom 1 bath frame home is currently rented for $600 per month & is 768 square feet of living area with water frontage, storage shed, 2 car carport. The Double wide mobile home is currently rented for $1200 per month its a 3 bedroom 2 bath with water frontage, covered back porch, sundeck, 3 storage sheds & a 3 car carport. The 3 addresses included with the sale are 16460 E Hwy 40 (Crossbones Grill), 1024 SE 165th Ave (frame home), 1020 SE 165th Ave (double wide), all are Silver Springs FL 34488. Showings by appointment only please. Pre qualified or cash buyers only.
Location
State FL
County Marion
Community North Lake Bryant Anx
Zoning B5
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Appliance Refrigerator
Exterior
Utilities Available Phone Available
Waterfront Description Lake
Water Access 1
Water Access Desc Lake
Roof Type Metal
Building
Lot Description Paved, Waterfront
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Well
Structure Type Block, Brick, Concrete, Stucco
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with BUCKNER HOMES REALTY INC