$725,000 • living size area 6794 sqft
Fantastic opportunity. owner wishes to retire and will consider attractive owner financing. located on over 9 acres and has over 1000' frontage on us 27, just 1 mile west of ft. white. this property features 3 different income streams. an established nightclub. an upgraded diner/restaurant & and 5 residential rental units in one 2200' building which provides up to $3100 monthly income. since april 2024, the owner has invested over $150,000 in repairs, upgrades and improvements. the nightclub/diner has (all new in 2024, unless noted) a new metal roof, total repaint inside and out. a 5 ton hvac on the nightclub side of building, security cameras. signage, and a nice 80'x80' outside enclosed eating/entertainment area complete with a lighted stage, ample seating and tiki hut. ample parking on both sides and along us 27, an hookup spot for an r/v or food truck.. in the lounge, the walk in cooler has been refurbished with a new compressor a, behind the bar, both 8' coolers are new, plus a smaller beverage cooler, kegerator, icemaker, and frozen drink machine. the wrap around bar and tables seat approximately 40. there is a dance floor and stage through doors which can be opened of closed, depending on usage. as a diner/restaurant, currently there is seating for approximately 40. in the kitchen, a new (2024) char grill, flat top cooker, gas oven and 2 fryers. an ansell fire suppression system. new 1.5 ton mini-split a/c april 2025, and a new salad prep table aug. 2025. currently the lounge operates with a beer and wine license, but the owner has met most of the requirements to obtain a class 5 liquor license. for a fraction of it's value. information upon request. the separate 2,200' building has residential rental income and a new metal roof (sept. 2025), could be converted other uses. at 3 miles to itchnetucknee state park, it would be an ideal location for an airbnbBusiness - for Sale
8725 N US 27, FORT WHITE, FL 32038Asking Price$725,000
- Living 6794sqft
- Lot size 399445sqft
- Taxes: Register to see
- Year Built 1950
-
Days on market:
33 day(s) Original Price:
$725,000-
Price per sqft:
$106.71 Tax Legal Description:
BEG NE COR SE1/4 OF SE1/4, RUN W 604.54 FT 328-238, 361-256, 652-278, 666-611, 692-7, 761-1748, 805-119, 842-1557, 958-125, ORD NO 86-99 ANNEXATION, CT 1203-1188, WD 1236-2692, TO N RW OF US-27, SE ALONG R/W 148.81 FT, NE 10 FT, SE ALONG R/W 649.65 F T, N 532.33 FT TO POB. ALSO BEG SE COR OF NE1/4 OF SE1/4, RUN W 589.75 FT TO NE R/W US-27, NW ALONG R/W 265.43 FT, NE 296 FT, N 81 DG E 176.27 FT, E 208.73 FT, S 208.73 FT, E 208.73 FT TO E LINE OF SEC, S 208.73 FT TO POB.Tax Year:
2024-
MLS:
GC533096 -
Property Type:
Business -
Parking:
Over 30 Spaces
Construction Type:
Cement SidingRoof:
MetalCooling Description:
Central AirWall/Window Unit(s) Mini-Split Unit(s)Heating Description:
Heat PumpFloor Description:
ConcreteEquipment/Appliances:
RefrigeratorSpecial Listing Conditions:
None