$141.98 Per Sq Foot $3,407 est/mo Sourced by Back At You

20290 SE 142nd Pl,UMATILLA, FL 32784

UMATILLA FL, 32784

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Description

Diamond in the rough! This is a package deal that includes a bar/restaurant, along with 9 residential rental units. One of those rental units is a mobile home that must be removed/replaced. The price includes a full liquor license with the ability to sell packaged goods including liquor and tobacco products. This could be a cash cow with the right improvements and the right team in place, as there is very little bar competition nearby and it has been operational for over 40 years. Residential rental income is about $4800 per month (gross) and has plenty of room for rent increase, as all have been rented well below market value. There are 2.17 total acres combined.

Details

MLS#OM673329
Listing TypeFor Sale
StyleHospitality
Sub-TypeFor-sale
StatusPending
Year1957
Days On Site116
Listing Provided ByMEADOWS REALTY, LLC | Mike Biglane
Buying Commision2.5%
Listing Commission2.5%

Features

SQ Feet4,037
Story(s)2
ZoningB2
Acreage0.29

Market Activity 32784

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of June 16, 2024 at 1:27:11 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 12 minutes ago
StateFL
CountyMarion
CityUMATILLA
Zip Code32784
Area32784 Umatilla | Dona Vista
Community NameBIG SCRUB CAMPSITE
Listing VS Median (in BIG SCRUB CAMPSITE)
Price:
$600,000
low | high
Med:
$600,000
50% of Average
SqFt:
4,037
low | high
Med:
4,037
50% of Average
$ / SqFt:
$149
low | high
Med:
$149
50% of Average
On Site:
116
low | high
Med:
116.000000
100% of Average
Sourced by Back At You
Listing Updated: May 30, 2024 at 2:24:37 AM PDT