1050 Easter Lily Ln - Specialty FOR SALE


Vero Beach, FL 32963
$6,500,000 USD
772-486-0238
1050 Easter Lily Ln, Vero Beach, FL for Sale
$6,500,000 USD
Specialty - FOR SALE
1/16
null | Request Cap Rate

NEW


1050 Easter Lily Ln
Vero Beach, FL 32963


HIGHLIGHTS

  • Exclusive Ocean Front Restaurant
  • Located on a prestigious barrier Island
  • World Class surrounding Amenities and Real Estate

OVERVIEW

Rare opportunity to purchase an exclusive ocean front restaurant located in Vero Beach, Florida, home to a world class barrier island resort area, retired fortune 500 executives, high-end residential properties, fabulous golf courses and other refined amenities situated beautifully between the Indian River Lagoon and the Atlantic Ocean. The unique restaurant was built in 2010 and renovated in 2018. It has 3,087 under air and a 1,400 sq. foot outdoor deck. The deck has electric drop-down screens and rain shields when needed. Total seating capacity is approximately 160, 80 in and 80 out. There is a public beach access parking lot adjoining the property and other nearby parking. The surrounding area is a quaint ocean front shopping district drawing tourists and locals alike. The business serves full liquor with a 4COP-SFS License. They have a full-service stand by generator, 400 sq ft wine cave, sound absorbing acoustic panels, newer flooring and many other state-of-the-art features. The area is charming and features strong economic growth through tourism and ongoing development. This is an excellent once in a lifetime opportunity to own an exquisite ocean front restaurant. The opportunity includes the real property and all furniture, fixtures, and equipment of the restaurant. The sale does not include the business itself, although the Executive Chef and staff would likely be open to discussions of re-launching and continuing operations with a new theme and operator. Showings are by appointment only. Please do not speak with the staff. You are welcome to go by and have a delicious meal as a customer and take it all in but please do not otherwise disrupt the ongoing business operations. Acquisition Experts, LLC is one of Florida's leading M&A Intermediaries and is proud to bring you this extremely exclusive opportunity to acquire this outstanding property, and we look forward to being of service. Please contact Dale Armor at 772-486-0238 or e-mail dale@acquisitionexperts.net

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$1,449 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Resort Area Ocean Front Restaurant

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1-A

APN/PARCEL ID

32403200048000100004.0

ASK ABOUT THIS PROPERTY

Dale ArmorAcquisition Experts LLCMore Info
772-486-0238

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Dale ArmorAcquisition Experts LLCMore Info
772-486-0238

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.