1368 Ocean Shore Blvd - Restaurant FOR SALE


Ormond Beach, FL 32176- Ormond By The Sea
$2,300,000 USD
386-756-6866
1368 Ocean Shore Blvd, Ormond Beach, FL for Sale
$2,300,000 USD
Restaurant - FOR SALE
1/30
null | Request Cap Rate

1368 Ocean Shore Blvd
Ormond Beach, FL 32176
Ormond By The Sea


HIGHLIGHTS

  • A true turnkey restaurant and bar for sale with real estate included at the beach in Ormond Beach, Florida.

OVERVIEW

ORMOND BEACH RESTAURANT & SPORTS BAR – REAL ESTATE, BUSINESS, PARKING & LIQUOR LICENSE INCLUDED Rare owner-user opportunity on A1A in Ormond Beach. The $2.3 million offering includes the commercial real estate AND the operating Sea Drift Sports Bar & Grill business as one turnkey package. The sale includes approximately 0.62 acres, a 4,488 SF freestanding restaurant/bar building, dedicated paved parking lot, operating restaurant and sports bar business, FF&E and full beverage liquor license. Prominently located on Ocean Shore Boulevard/A1A directly across from the Atlantic Ocean, the property benefits from high visibility in an established beachside commercial corridor. The extensively renovated facility features an all-electric commercial kitchen with 3-phase electrical service and equipment, walk-in cooler, walk-in freezer, large walk-in beer cooler, three ADA restrooms, indoor and outdoor seating, multiple televisions, pool tables, games and entertainment areas. Structural beams have also been incorporated into the building to accommodate a potential future second-floor ocean-view deck over the bar area, providing an opportunity for future expansion. PURCHASE THE PROPERTY – NOT JUST THE BUSINESS. This offering provides a restaurant operator, hospitality company or owner-user the ability to acquire: • Commercial land • Freestanding restaurant/bar building • Dedicated on-site parking • Operating Sea Drift Sports Bar & Grill • Full beverage liquor license • Furniture, fixtures and equipment • Existing restaurant/bar improvements and infrastructure A true turnkey restaurant and bar for sale with real estate included in Ormond Beach, Florida. Confidential business information provided with signed NDA and proof of funds.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$512 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sea Drift Sports Bar & Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,000 SF

ZONING

B-4

APN/PARCEL ID

3234-11-02-0140

ASK ABOUT THIS PROPERTY

Newton WhiteLubansky & White RealtyMore Info
386-756-6866

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Newton WhiteLubansky & White RealtyMore Info
386-756-6866

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