275 Timber Island Rd - Restaurant FOR SALE


Carrabelle, FL 32322
$3,900,000 USD
305-467-2499
275 Timber Island Rd, Carrabelle, FL for Sale
$3,900,000 USD
Restaurant - FOR SALE
1/81
null | Request Cap Rate

275 Timber Island Rd
Carrabelle, FL 32322


HIGHLIGHTS

  • One-of-a-kind waterfront restaurant and marina
  • The only boat-up restaurant and marina with fuel and package store access within a 50-mile radius
  • Recently renovated

OVERVIEW

Own the only boat-up restaurant and fuel marina on Florida’s Forgotten Coast. An exceptional waterfront investment located at 275 Timber Island Road in Carrabelle, Florida. This (.55AC) waterfront compound features two improved commercial buildings, extensive dockage, a full-service restaurant, marina, fuel station, package store, premium wedding/event space, and private boat slips, all within a single, highly versatile asset. This is the only boat-up restaurant and marina with fuel and package store access within a 50-mile radius in either direction and adjacent to the active county boat ramp, establishing the property as a true destination property with no comparable competition. WATERFRONT RESTAURANT & MARINA The primary building is designed for high-volume waterfront dining and entertainment and is positioned directly on deep water at the last stop on the Carrabelle River before open ocean access. Approx. 4,636 SF under air 1,650 SF (66’ x 25’) waterfront deck and new concrete patio 40’ x 36’ front porch suitable for live music or events 420’ total dockage, including 240’ deep-water frontage and 200’ protected interior dockage Impact windows and doors 90 dining chairs, 40 bar stools, and 24 outdoor chairs included Brand-new epoxy flooring throughout Pre-wire plumbing for large bar area and hostess prep station The large commercial kitchen is fully wired and ready for build-out, featuring a 16’ hood, 14’ x 8’ x 8’ walk-in cooler, epoxy flooring with heat and slip resistance, large prep and pantry areas, ice infrastructure with 600-lb ice capacity, and bar refrigeration in place. This facility is designed to serve boaters, locals, tourists, fishing charters, events, and destination traffic, creating multiple revenue streams from a single footprint. RETAIL, PACKAGE STORE & EVENT SPACE The second building provides an additional high-margin income stream suitable for retail, bait, private events and marina services. 1,036 SF under air with a 230 SF waterfront deck Three mini-split HVAC systems, foam insulation, and impact windows New epoxy flooring, retail counters, and displays 8’ x 10’ x 8’ walk-in cooler 100-gallon live bait tank Two bait freezers, a beverage cooler, and an ice cream freezer Fully Foam Insulated Impact windows and doors Seating for 12 tables and 50 chairs Includes package store license with tobacco and additional cold storage MARINA, INFRASTRUCTURE & EXPANSION Six private boat slips with rental or lease potential in addition to the 420 ft of dock space Refurbished on-site fuel station with WEX card acceptance New Navy-style seawall with 14’ sheets, 30’ pilings, and tie-backs 180’ riverfront boardwalk, new decking, and concrete surfaces Manitowoc ice machine produces 1,100 lbs per day Standing-seam metal roof and impact-rated doors and windows EVENTS, LOCATION & INVESTMENT UPSIDE The property includes a 6,000 SF irrigated lawn for events and festivals, sits adjacent to a county boat launch, and is directly across from a luxury RV park that provides consistent customer flow. Offering direct access to St. George Sound and the Gulf of America, minutes by boat to Dog Island, Alligator Point and Luxurious St. George Island, proximity to Apalachicola, Tallahassee International Airport, St James Golf club and Florida’s 30A corridor, this asset combines small-town authenticity with exceptional accessibility. This offering represents a diversified waterfront investment encompassing a restaurant, marina, fuel station, package store, event venue, and retail operation.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$841 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C-2

APN/PARCEL ID

20-07S-04W-0000-0040-0010

ASK ABOUT THIS PROPERTY

Jeff JamesLPT Realty, LLCMore Info
305-467-2499

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Jeff JamesLPT Realty, LLCMore Info
305-467-2499

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