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8144 S Cr 53

2,580 SF Retail Building Madison, FL 32340 $420,378 CAD ($163 CAD/SF) 10% Cap Rate

Investment Highlights

  • Only Establishment in the area; No competition
  • Would make a great overnight camping center that serves food; just minutes from I-10
  • Great Exposure
  • Expand the camping area to include more parking spaces

Executive Summary

BUSINESS, BUILDING, ALL EQUIPMENT AND REAL ESTATE! The whole Kit and Caboodle! Thriving business with bar, 2 COP licenses (for consumption on the entire 1 acre), food and beverage licenses, all certifications will transfer, 2 RV hookups, septic, well, covered deck, patio, tables, chairs, benches, 2 bathrooms, corn hole, horse shoe pits, pic nic tables, band stand stage, karaoke with equipment, and the list goes on. Everything you need to open on "day one". Located between Gainesville, Florida and Valdosta, Georgia. The capitalization rate listed is an estimate since the owner just started this business and does not have a years worth of NOI. The NOI shown is an estimate.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
2,580 SF
Building Class
B
Year Built/Renovated
1972/2024
Price
$420,378 CAD
Price Per SF
$163 CAD
Cap Rate
10%
NOI
$42,038 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
1.01 AC
Zoning
CI - Ag-2
Parking
25 Spaces (9.69 Spaces per 1,000 SF Leased)
Frontage
306 ft on S Cr 53

Amenities

  • Restaurant
  • Accent Lighting
  • Air Conditioning

About 8144 S Cr 53 , Madison, FL 32340

BUSINESS, BUILDING, ALL EQUIPMENT AND REAL ESTATE! The whole Kit and Caboodle! Thriving business with bar, 2 COP licenses (for consumption on the entire 1 acre), food and beverage licenses, all certifications will transfer, 2 RV hookups, septic, well, covered deck, patio, tables, chairs, benches, 2 bathrooms, corn hole, horse shoe pits, pic nic tables, band stand stage, karaoke with equipment, and the list goes on. Everything you need to open on "day one". Located between Gainesville, Florida and Valdosta, Georgia.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-1S-10-1336-003-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$149,439 CAD
  • Listing ID: 32533820

  • Date on Market: 2024-07-20

  • Last Updated:

  • Address: 8144 S Cr 53, Madison, FL 32340

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