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Restaurant and Office Space 2 Properties Offered at $5,723,272 CAD in Green Cove Springs, FL

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INVESTMENT HIGHLIGHTS

  • Custom designed and built cypress, stone and log building
  • Custom beer keg modified urinals
  • 3000 homes and first coast freeway construction in progress
  • Wood carvings in seating booths and counter tops
  • Liquor license
  • Price is negotiable

EXECUTIVE SUMMARY

Price is negotiable and will be discussed with interested parties. The sale consists of Discover an exceptional investment opportunity in the heart of Clay County's Lake Asbury district, Green Cove Springs, Florida. This unique offering includes two freestanding properties strategically located along Florida Highway, just minutes from the burgeoning phase 2 of Route 23 First Coast Expressway and 3,000 new homes currently under construction. The first property is a single-story office building featuring a durable new metal roof (installed in 2020) and comprising five versatile units, ideal for various business ventures. The second property is a fully built-out restaurant, boasting a custom hand-built cypress and carved wood interior, completed in 2016. This stunning establishment includes walk-in freezers and coolers, offering a seamless experience for culinary operations. With a total of 2.65 acres, the restaurant spans 4,758 sq. ft. indoors, with an additional 1,936 sq. ft. patio, while the office building encompasses 2,864 sq. ft. The restaurant accommodates 163 patrons inside and 46 on the patio, providing a total seating capacity of 209. Ample parking is available, with 52 spaces for the restaurant and 20 for the office building, making this property an ideal destination for both businesses and diners alike.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL (CAD)
Gross Rental Income $284,768
Other Income -
Vacancy Loss -
Effective Gross Income $284,768
Taxes $22,684
Operating Expenses $6,980
Total Expenses $29,663
Net Operating Income $255,104

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $284,768
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $284,768
Taxes (CAD)
Annual $22,684
Operating Expenses (CAD)
Annual $6,980
Total Expenses (CAD)
Annual $29,663
Net Operating Income (CAD)
Annual $255,104

PROPERTY FACTS

Price $5,723,272 CAD
Price / SF $573.30 CAD / SF
Cap Rate 4.44%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 9,983 SF
Total Land Area 2.65 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2812 Henley Rd, Green Cove Springs, FL 32043 Office 2,864 SF 1977 -
2808 Henley Rd, Green Cove Springs, FL 32043 Retail 7,119 SF 2016 -
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  • Listing ID: 20671885

  • Date on Market: 2020-08-18

  • Last Updated:

  • Address: Restaurant and Office Space, Green Cove Springs, FL

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