12 1St StGainesville, FL 32601
- Retail properties
- 2,000 SF
Property Details for 12 1St St
- Property size (Sq ft)
- 2,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Exceptional opportunity to acquire a thriving, established fine dining restaurant in the heart of downtown Gainesville, Florida. This turn-key operation boasts a 70+ seat capacity and has enjoyed consistent success for over 20 years. The sale includes all inventory, furniture, fixtures, equipment, and active beer and wine licenses. Financial records show strong performance, averaging $500,000 in annual sales since the pandemic, with $479,000 in sales reported for 2023 and $557,000 in 2022. The restaurant occupies approximately 2,000-3,000 square feet in a multi-tenant retail building at 12 SE 1st St, Gainesville, FL 32601. The current lease is a modified multi-tenant agreement with a remaining term of approximately 2.3 years (Lease Commencement: 09/30/2020
Location Insight
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Latitude
- 29.65
- Longitude
- -82.324
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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