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Business - for Sale

8725 N US 27, FORT WHITE, FL 32038

Asking Price$725,000

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  • 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
  • Property Type:

    Business
  • Parking:

    Over 30 Spaces
  • Construction Type:

    Cement Siding
  • Roof:

    Metal
  • Cooling Description:

    Central AirWall/Window Unit(s) Mini-Split Unit(s)
  • Heating Description:

    Heat Pump
  • Floor Description:

    Concrete
  • Equipment/Appliances:

    Refrigerator
  • Special Listing Conditions:

    None

Description

$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 airbnb
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