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20290 SE 142nd Place, Umatilla, Florida 32784

  • $600,000
20290 SE 142ND PLACE, Umatilla, FL 32784
Closed
20290 SE 142nd Place, Umatilla, Florida 32784
20290 SE 142ND PLACE, Umatilla, FL 32784
  • $600,000

Overview

Property ID: HZOM673329
  • Restaurant, Commercial Sale
  • Property Type
  • 4226
  • Sqft
  • 1957
  • Year Built

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.

  • Address 20290 SE 142ND PLACE
  • City Umatilla
  • State/county FL
  • Zip/Postal Code 32784
  • Country US

Details

Updated on July 11, 2024 at 5:55 pm
  • Property ID: HZOM673329
  • Price: $600,000
  • Property Size: 4226 Sqft
  • Land Area: 0.29 Acres
  • Year Built: 1957
  • Property Type: Restaurant, Commercial Sale
  • Property Status: Closed

Additional details

  • Cooling: Central Air, Wall/Window Unit(s)
  • County: Marion
  • Property Type: Commercial Sale

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