Fantastic opportunity. Owner wishes to retire and will consider attractive owner financing. Located on over 9 acres and has over 1000' frontage on US 27, just 1 mile west of Ft. White. This property features 3 different income streams. An established nightclub. an upgraded diner/restaurant & and 5 residential rental units in one 2200' building which provides up to $3100 monthly income. Since April 2024, the owner has invested over $150,000 in repairs, upgrades and improvements. The nightclub/diner has (all new in 2024, unless noted) a new metal roof, total repaint inside and out. A 5 ton HVAC on the nightclub side of building, security cameras. Signage, and a nice 80'x80' outside enclosed eating/entertainment area complete with a lighted stage, ample seating and tiki hut. Ample parking on both sides and along US 27, an hookup spot for an R/V or food truck.. In the lounge, the walk in cooler has been refurbished with a new compressor a, Behind the bar, Both 8' coolers are new, plus a smaller beverage cooler, kegerator, icemaker, and frozen drink machine. The wrap around bar and tables seat approximately 40. There is a dance floor and stage through doors which can be opened of closed, depending on usage. As a diner/restaurant, currently there is seating for approximately 40. In the kitchen, a new (2024) char grill, flat top cooker, gas oven and 2 fryers. An Ansell fire suppression system. New 1.5 ton mini split a/c April 2025, and a new salad prep table Aug. 2025. Currently the lounge operates with a beer and wine license, but the owner has met most of the requirements to obtain a class 5 liquor license. for a fraction of it's value. Information upon request. The separate 2,200' building Has residential rental income and a new metal roof (Sept. 2025), could be converted other uses. At 3 miles to Itchnetucknee State Park, it would be an ideal location for an Airbnb
Fantastic opportunity. Owner wishes to retire and will consider attractive owner financing. Located on over 9 acres and has over 1000' frontage on US 27, just 1 mile west of Ft. White. This property features 3 different income streams. An established nightclub. an upgraded diner/restaurant & and 5 residential rental units in one 2200' building which provides up to $3100 monthly income. Since April 2024, the owner has invested over $150,000 in repairs, upgrades and improvements. The nightclub/diner has (all new in 2024, unless noted) a new metal roof, total repaint inside and out. A 5 ton HVAC on the nightclub side of building, security cameras. Signage, and a nice 80'x80' outside enclosed eating/entertainment area complete with a lighted stage, ample seating and tiki hut. Ample parking on both sides and along US 27, an hookup spot for an R/V or food truck.. In the lounge, the walk in cooler has been refurbished with a new compressor a, Behind the bar, Both 8' coolers are new, plus a smaller beverage cooler, kegerator, icemaker, and frozen drink machine. The wrap around bar and tables seat approximately 40. There is a dance floor and stage through doors which can be opened of closed, depending on usage. As a diner/restaurant, currently there is seating for approximately 40. In the kitchen, a new (2024) char grill, flat top cooker, gas oven and 2 fryers. An Ansell fire suppression system. New 1.5 ton mini split a/c April 2025, and a new salad prep table Aug. 2025. Currently the lounge operates with a beer and wine license, but the owner has met most of the requirements to obtain a class 5 liquor license. for a fraction of it's value. Information upon request. The separate 2,200' building Has residential rental income and a new metal roof (Sept. 2025), could be converted other uses. At 3 miles to Itchnetucknee State Park, it would be an ideal location for an Airbnb
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Concrete
Living Area: 6794.00
Roof: Metal
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Over 30 Spaces
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Ductless, Wall/Window Unit(s)
Utilities: Electricity Available, Phone Available, Public, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Refrigerator
Country: US
Legal Description: BEG NE COR SE1/4 OF SE1/4, RUN W 604.54 FT 328-238, 361-256, 652-278, 666-611, 692-7, 761-1748, 805-119, 842-1557, 958-125, ORD NO 86-99 ANNEXATION, CT 1203-1188, WD 1236-2692, TO N RW OF US-27, SE ALONG R/W 148.81 FT, NE 10 FT, SE ALONG R/W 649.65 F T, N 532.33 FT TO POB. ALSO BEG SE COR OF NE1/4 OF SE1/4, RUN W 589.75 FT TO NE R/W US-27, NW ALONG R/W 265.43 FT, NE 296 FT, N 81 DG E 176.27 FT, E 208.73 FT, S 208.73 FT, E 208.73 FT TO E LINE OF SEC, S 208.73 FT TO POB.
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