1368 Ocean Shore Boulevard, Ormond Beach, FL 32176

$2,300,000
4,488
SqFt

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Property Description

Turnkey Business Opportunity in a thriving Ormond Beach area! Great time to buy this beachside sports bar and Prime Real Estate in one of the area's most desirable coastal destinations. Perfectly positioned on a corner lot just steps from the beach, this established local favorite combines strong year-round traffic with the laid-back energy of a true seaside entertainment venue. The property features a fully built-out sports bar and grill with multiple large screen TVs, full liquor service with a FSF license, indoor and outdoor seating, game areas, and a welcome atmosphere that keeps the locals and tourists coming back. High visibility, ample parking, and steady beach tourism create an exceptional foundation for continued growth and profitability. The Real Estate estimated value at $1,573,325. offers a long-term investment in a rapidly appreciating coastal market, with future upside expansion, redevelopment, rooftop dining, or enhanced entertainment concepts. A growing business estimated and growing is at $726,675. A large cash investment will be needed for the Real Estate purchase. The current business income will not at this time support a leveraged purchase. Ideal for a 1031 Tax Defer exchange. Whether you are an owner-operator, investor, or hospitality group, this is a rare chance to acquire both a successful business and premium beach-area property in one transaction. For additional information the NDA must be signed and prof of funds presented.

Listing courtesy of LUBANSKY & WHITE REALTY.

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