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$2,300,000

0 Beds 0 Baths 4,488 SQFT 0.62 Acres
Type: Commercial

1368 OCEAN SHORE BOULEVARD
ORMOND BEACH, FL 32176

MLS#: NS1088322
Ben Loonan
Ben Loonan
The Real Estate Advantage
Realtor
Phone: 952.412.4485
Office: 952.224.8800
Presented by: LUBANSKY & WHITE REALTY with 386-756-6866. - 386-756-6866

Property Description

 

Under contract-accepting backup offers. Turnkey Business Opportunity in a thriving Ormond Beach area! Great time to buy this beachside sports bar and Prime Real Estate in one of the area's most desirable coastal destinations. Perfectly positioned on a corner lot just steps from the beach, this established local favorite combines strong year-round traffic with the laid-back energy of a true seaside entertainment venue. The property features a fully built-out sports bar and grill with multiple large screen TVs, full liquor service with a FSF license, indoor and outdoor seating, game areas, and a welcome atmosphere that keeps the locals and tourists coming back. High visibility, ample parking, and steady beach tourism create an exceptional foundation for continued growth and profitability. The Real Estate estimated value at $1,573,325. offers a long-term investment in a rapidly appreciating coastal market, with future upside expansion, redevelopment, rooftop dining, or enhanced entertainment concepts. A growing business estimated and growing is at $726,675. A large cash investment will be needed for the Real Estate purchase. The current business income will not at this time support a leveraged purchase. Ideal for a 1031 Tax Defer exchange. Whether you are an owner-operator, investor, or hospitality group, this is a rare chance to acquire both a successful business and premium beach-area property in one transaction. For additional information the NDA must be signed and prof of funds presented.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
FlooringConcrete, Epoxy, Tile
Heating Y/NYes
Window FeaturesDisplay Window(s)

General

AccessibilityAccessible Bedroom
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator
Building Area Units0 sqft
Building FeaturesBathrooms, Dumpsters, Furnished, Kitchen Facility, Seating
CityORMOND BEACH
Construction MaterialsBlock, Concrete
CoolingCentral Air, Zoned
CountyVolusia
DirectionsFrom Granada Blvd. & (A1A) Ocean Shore Blvd. in Ormond Beach, Fl go north about 3 miles passing the Publix shopping center to property on the left.
Electric100 Amp Service, 3 Phase
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral, Electric, Zoned
Legal DescriptionN 150 FT S OF PALM DR OF E 180 FT W OF OS BLVD OF LOT 2 RESUB NO 2 OAKDALE PARK MB 7 PG 101 PER OR 4309 PGS 4835-4836 PER OR 6547 PG 1365 PER OR 7027 PG 4611 PER OR 8503 PG 1938
LevelsOne
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet27,000 sqft
Lot Size UnitsSquare Feet
MLS Area32176 - Ormond Beach
New ConstructionNo
Number Of Units Total1
Occupancy TypeOwner
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeBusiness
Property TypeCommercial Sale
RoofMetal, Other
Security FeaturesClosed Circuit Camera(s), Security Lights, Security System
SewerPublic Sewer
Standard StatusActive Under Contract
StatusPending
Tax Annual Amount$12,712
Tax Lot2
Tax Year2025
UtilitiesPhone Available, Public, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1957
ZoningB4

Exterior

Building Area Total4,488 sqft
Foundation DetailsSlab
Lot FeaturesCorner Lot, Near Public Transit, Neighbourhood, Street Lights
Lot Size Acres0.62
Lot Size Area27,000 sqft
Number of Buildings1
Number of Lots1
Number of Separate Electric Meters1
Number of Separate Water Meters1
Road Frontage TypeStreet Lights, Street Paved, City Street, State Road
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$2,300,000

0 Beds 0 Baths 4,488 SQFT 0.62 Acres
Type: Commercial

1368 OCEAN SHORE BOULEVARD
ORMOND BEACH, FL 32176

MLS#: NS1088322
Ben Loonan
Ben Loonan
The Real Estate Advantage
Realtor
Phone: 952.412.4485
Office: 952.224.8800