$55,000
For Sale

8490 Highway 1

Micco, FL 32976
Browse 78 photos
Type:Purchase
Structure:Commercial
Zone:Residential

Description

Million dollar opportunity to own this reputable, turn key established cafe restaurant with lunch/dinner service, and all owned equipment. Located on 2 acre tropical , old Florida lot with 2 entrances to US 1. Owner says sewer is coming in soon and will allow expansion to'180 chairs, and estimates gross sales will rise to $140K to $180K after that. Restaurant on first floor with 8 tables inside, porch seating as well. Everything included! Back yard w/ extra parking (total of 25 spaces), and greenhouse/garden to continue to grow your produce/herbs. Compost area, newer washer and dryer, newer a/c and newer septic, make this ideal. Great lease! PLUS: Bonus! 2nd floor owner apartment incl in lease price! Owner Sacrifice due to other obligations.

  • Property Details
      • Square Feet700
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1920
    • Material information
      • RoofComposition
  • Community and Neighborhood Details
      • ZoningC-Restaurant
      • CountyBrevard
  • Financial Details
      • Original List Price$150,000
      • Taxes Annual$3,260
  • Other
      • MLS #RX-11007676

Location

Peter J Pellegrini | Pickle Ball Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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