706 W University Avenue
Gainesville, FL 32601

Description

This well-established restaurant with fantastic sales figures is waiting for a new owner to come in and take it to the next level. Despite existing stellar sales, this unit still has further to go by adding shifts. The location is excellent and is poised to benefit from Gainesville's recent surge in new construction, much of which is happening within blocks of their location. The current lease is good through 2025, so a new owner gets the benefit of this location for years to come. The owner is willing to finance up to 50% of the sale price. 4COP license is included. If you have experience in the restaurant industry, then this is the opportunity for you. Don't pass this one up!

Details

MLS#425399
TypeRetail
Sub-TypeResale
StatusActive
Days On Site95

Features

SQ Feet5,008
Story(s)1

Market Activity 32601

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Area Information

StateFL
CountyAlachua
CityGainesville
Zip Code32601
AreaAlachua
Listing VS Median (in 32601)
Price:
$295,000
low | high
Med:
$9,900
100% of Average
SqFt:
5,008
low | high
Med:
10,140
52.476038338658% of Average
$ / SqFt:
$59
low | high
Med:
$1
100% of Average
On Site:
95
low | high
Med:
660
14.393939393939% of Average
Listing Updated: 08/24/2019
MLS Number: 425399
Listing Provided By:
Keith Hazouri  of  Bosshardt Realty Services LLC
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