For Sale
$120,000

15330 Gainesville RdReddick, FL 32686

Vacant Restaurant, 2270 SF, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
This vacant restaurant property in Reddick, Florida, presents a unique investment opportunity. Located at 15330 NW Gainesville Rd, this 2,270 square foot building sits on a sizable 16,553 square foot lot – over a third of an acre. The property is currently vacant and requires some contractor work, making it an ideal project for a savvy investor looking to establish their own food service business. The building features existing seating areas, restrooms, and a fully equipped kitchen, providing a solid foundation for a variety of culinary concepts. Priced at $120,000, this property offers a compelling cap rate of 8.10%, representing significant potential for return on investment. The property was affected by a storm

Highlights

  • Vacant 2,270 SF restaurant building on a 16,553 SF lot in Reddick, FL.
  • Located at 15330 NW Gainesville Rd.
  • Features existing seating, restrooms, and a fully equipped kitchen.
  • Priced at $120,000 with an 8.10% cap rate.
  • Requires some contractor work; storm-affected.

Property Details for 15330 Gainesville Rd

Property type
Retail properties, Restaurants
Square Feet
2,270 SF

Location Insight

City
Reddick
County
Marion
State
Florida
Latitude
29.3715555
Longitude
-82.1979784
15330 Gainesville Rd, Reddick, Florida

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15330 Gainesville Rd
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