531 N CENTRAL AVENUE, Umatilla, FL 32784

  • $450,000
  • $250,000
531 N CENTRAL AVENUE, Umatilla, FL 32784
Closed

531 N CENTRAL AVENUE, Umatilla, FL 32784

531 N CENTRAL AVENUE, Umatilla, FL 32784
  • $450,000
  • $250,000

Overview

Property ID: O6130456
  • Restaurant, Commercial Sale
  • Property Type
  • 2500
  • Sqft
  • 1972
  • Year Built

Description

This is a unique opportunity to own a restaurant business with property and a 3-bedroom house is included with purchase whether you buy the property or business only. The only stipulation is that if you buy the business only, you cannot rent to someone else, but it comes free to live in. It is at Umatilla near Leesburg. You can live and work in the same place and enjoy the benefits of both. The asking price for this package is $450,000.00. The business generates a yearly revenue of $415,000.00 and has expenses of $315,000.00, resulting in a net income of $100,000.00. The owner is willing to consider financing options with a significant downpayment. Alternatively, you can lease the business with an option to buy the property later. The lease price is $125,000.00 and the rent is $3500.00 plus tax plus property tax. It is a triple net lease with flexible terms and conditions. The business has been recently renovated and is ready to operate. For more information,

  • Address 531 N CENTRAL AVENUE
  • City Umatilla
  • State/county FL
  • Zip/Postal Code 32784
  • Area UMATILLA NORTH UMATILLA
  • Country US

Details

Updated on December 2, 2023 at 4:45 pm
  • Property ID: O6130456
  • Price: $450,000
  • Property Size: 2500 Sqft
  • Land Area: 0.24 Acres
  • Garage Size: x x
  • Year Built: 1972
  • Property Type: Restaurant, Commercial Sale
  • Property Status: Closed
  • MLS#: O6130456

Additional details

  • Utilities: Electricity Available,Public,Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • County: Lake
  • Property Type: Commercial Sale

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