12 1St StGainesville, FL 32601

  • Retail properties
  • 2,000 SF
For Sale
$95,000 View listing

Property Details for 12 1St St

Property size (Sq ft)
2,000 SF
Property type
Retail properties
Property subtype
Other retail properties

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

12 1St St, Gainesville, Florida

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.65
Longitude
-82.324

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