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11 S Lake Street, Crescent City, FL 32112

$1,100,000
Property Type: Commercial Sale Square Footage: 4,420 Lot Size (sq. ft.): 531,301,320 Status: Closed
Current Price: $1,100,000 List Date: 9/23/2019 Last Modified: 9/28/2024

Overview

Description

Huge price reduction for quick Sale. A true Florida Beach Themed Restaurant & Marina located on Crescent Lake. Popular to ALL the locals and visitors this tum-key Restaurant/Bar INCLUDES all real estate and structures, a 16 Slip Marina, 200-foot dock extends over the water opening onto a large Island Tiiki Bar and deeded water lot. This business has been successfully established for 18 years and has a full liquor license. We have well established staff and long-term employee history. Our main building has indoor restaurant seating plus attached screened & covered wrap around porch that provides seating totaling 220+. The porch includes gas heating and fans. Island Tiiki bar out over water at end of the 200-foot dock has an additional 40+ seating.

Supplements: A large Banana boat bar, colorful picnic tables and large wood lawn chairs and a wood deck floor in the back yard adds ample additional seating. Island ambiance emanates from permanently installed gas Tiiki torches near the shoreline bulk head. 3-Bananas provides a beach(y) ambiance with a fun vibe on the shore of beautiful Lake Crescent (which is ...

Listing Details MLS# 1062496

General Property Information

Building Area Total
4420
Year Built
1946
Lot Size Acres
12197
Association YN
No
Water Body Access YN
No
Waterfront YN
Yes
Directions
SR 17 north to Central Ave take right until you hit the water.
Public Remarks
Huge price reduction for quick Sale. A true Florida Beach Themed Restaurant & Marina located on Crescent Lake. Popular to ALL the locals and visitors this tum-key Restaurant/Bar INCLUDES all real estate and structures, a 16 Slip Marina, 200-foot dock extends over the water opening onto a large Island Tiiki Bar and deeded water lot. This business has been successfully established for 18 years and has a full liquor license. We have well established staff and long-term employee history. Our main building has indoor restaurant seating plus attached screened & covered wrap around porch that provides seating totaling 220+. The porch includes gas heating and fans. Island Tiiki bar out over water at end of the 200-foot dock has an additional 40+ seating.
List Price/SqFt
294.12
Sold Price/SqFt
248.87

Property Features

Building Features: Kitchen Facilities Business Type: Bar/Tavern/Lounge; Commercial; Professional/Office; Restaurant; Retail Construction Materials: Frame Cooling: Central Air Current Use: Retail Electric: 200+ Amp Service; 220 Volts Heating: Central Listing Terms: Other Road Frontage Type: County Road; State Road Roof: Metal Sale Includes: Building & Land Sewer: Public Sewer Utilities: Separate Electric Meters; Separate Water Meters Water Source: Public

Contract Information

Listing Contract Date
2019-09-23
Property Sub Type
Business

Location Tax and Legal

Street Number
11
Street Direction Prefix
S
Street Name
Lake
Street Suffix
Street
County
Putnam
State
FL
Postal Code
32112
MLS Area Major
99 - Other

Status Change Information

Major Change Timestamp
2020-02-28T20:21:07Z
Major Change Type
Status Change
Price Change Timestamp
2019-12-18T02:58:42Z
Contingent Date
2020-02-10
Purchase Contract Date
2020-02-10
Close Date
2020-02-28
Close Price
1100000

Building Features

Ceiling Eve Height
7 - 10 Feet High
Maximum Ceiling Height
10
Kitchen Facilities
Yes

More Information

Historical Information

Public Historical Remarks 1
Zoning (Text): GC-1; Included in Sale: Business Name, Good Will, License, Signs - Leased; Meters: # Electric Meters: 1, # Water Meters: 1; Parking: Lighted; SqFt - Total: 4420.00; Site Improvements: Outbuilding, Waterview; Confidential Listing: Yes; % Occupancy: 100.00; Commercial Property Name: Waterfront/Restauran; Financial Package: Yes; Franchise Opt In: No; Current # Tenant: 1.0000

Location, Tax, and Legal

Country
US
Parcel Number
30-12-28-1750-0180-0010
Tax Annual Amount
4919
Tax Year
2018
Tax Legal Description
CRESCENT CITY MB2 P30 BLK 18, LOT 1 & N 2FT OF LOT 2
Zoning Description
Retail

Currently Not Used

Year Built
1946

Construction Materials

Frame
Yes

Cooling

Central Air
Yes

Current Use

Retail
Yes

Electric

200+ Amp Service
Yes
220 Volts
Yes

Heating

Central
Yes

Listing Terms

Other
Yes

Road Frontage Type

County Road
Yes
State Road
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Utilities

Separate Electric Meters
Yes
Separate Water Meters
Yes

Water Source

Public
Yes

Business Type

Bar/Tavern/Lounge
Yes
Commercial
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes

Sale Includes

Building & Land
Yes
Listing Office: Adams, Cameron & Co., Realtors (Commercial)
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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