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Magnolia Homes and Land , LLC
14389 E Highway 40, Silver Springs, FL 34488
- $149,000
- 968
- SqFt
- List Price
- $149,000
- Status
- Active
- Days on Market
- 4
- MLS#
- G5119515
- Property Style
- Business
- Year Built
- 1978
- Living Area
- 968
- Lot Size
- 873
- Acres
- 0.02
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Lynn Plaza Condo
- Development Name
- Lynn Plaza
- MLS Area Major
- Silver Springs
Property Description
This is an incredible commercial real estate and business acquisition opportunity for investors or owner-operators looking for immediate cash flow. Located on high-traffic State Road 40, just 10 miles east of Silver Springs State Park, this established delivery and carry-out pizza restaurant benefits from a steady stream of locals and an influx of weekend tourists. This deal includes the real estate ownership of a condo unit within a retail strip center (featuring low CAM fees), the established business name, and a fully equipped setup. The value of the included commercial equipment alone matches the entire asking price, making it a highly lucrative addition to any real estate or business portfolio.Key HighlightsFull Real Estate Ownership: Includes the physical condo unit in a highly visible strip center on Main Hwy 40. Turn-Key Business: Comes complete with all restaurant equipment. Immediate Brand Recognition: The seller is permitting the use of the established, long-running pizza establishment's name.Prime Location: Situated in the Ocala National Forest with high weekend tourist traffic and excellent visibility. Investor Flexibility: Perfect to run as an owner-operator or to purchase as an asset and lease out to a tenant. Please call or text me for a showing. Raquel Uribe Realtor.
Additional Information
- Taxes Annual
- $949
- Community Features
- Sidewalks, No Deed Restriction
- Zoning
- B4
- Air Conditioning
- Other, Wall/Window Unit(s)
- Exterior Construction
- Cement Siding, Concrete
- Foundation
- Block
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 32042-005-00
- Legal Description
- SEC 09 TWP 15 RGE 24 LYNN PLAZA CONDOMINIUM DECLARATION OF CONDOMINIUM RECORDED IN OR 1418 PAGE 898 UNIT 5
Listing courtesy of LPT REALTY, LLC. 877-366-2213
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