736 Hathaway AveBronson, FL 32621

  • Retail properties
  • 1,350 SF
For Sale
$579,999 View listing

Property Details for 736 Hathaway Ave

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.19 AC
Property size (Sq ft)
1,350 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
655800200
APU
655800200

Description

This exceptional turnkey restaurant opportunity in Bronson, Florida, presents a rare chance to acquire a well-established business in a thriving community. Located at 736 E. Hathaway Avenue, this 3,240 square foot building sits on a 0.57-acre lot and boasts over 225 linear feet of frontage on US Highway 27, ensuring high visibility and accessibility. The property enjoys an average daily traffic count of nearly 8,314 vehicles. The building is a single-story structure with a full kitchen and all equipment included in the sale price of $579,999 ($179.01 per square foot). Conveniently located near Town Hall, the Bronson Library, Post Office, schools, a youth sports complex, and the Levy County Courthouse, this restaurant has been a community staple for over 30 years, building a loyal customer base. The property features city water and sewer, illuminated monument and on-building signage, and ample parking. Tax parcels 0655800200 and 0655800000 encompass the 0.57 acres. The property is currently vacant, offering immediate occupancy. This is a truly exceptional opportunity for a savvy investor or restaurateur looking to capitalize on a well-known location with significant potential. The property is approximately 0.69 miles from NE State Road 24. A full list of fixtures, furniture, and equipment is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $428,553
    6.5%
    $395,587
    7%
    $367,331
  • Comparable approach

    Method
    Valuation
    Relative Method
    $231,370
    Geo Method
    $231,370
  • Alternative Use

    Use
    Valuation
    Residential
    $333,693
    Hospitality
    $305,661
    Educational
    $254,306
    Medical
    $263,052
    Retail
    $395,587
736 Hathaway Ave, Bronson, Florida

Location Insight

City
Bronson
County
Levy
State
Florida
Latitude
29.4428
Longitude
-82.6324
CBSA code
23540
CBSA name
GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,870
-
-
$124,962
-
$15,600
$109,362
$124,962

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