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8725 Us 27 Highway, FORT WHITE, FL 32038
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8725 Us 27 Highway
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  • MLS#: GC533096 ( Commercial Sale )
  • Street Address: 8725 Us 27 Highway
  • Viewed: 14
  • Price: $725,000
  • Price sqft: $107
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 6794
  • Days On Market: 37
  • Additional Information
  • Geolocation: 29.9324 / -82.7272
  • County: COLUMBIA
  • City: FORT WHITE
  • Zipcode: 32038
  • Provided by: BHHS FLORIDA REALTY - HIGH SPRINGS
  • Contact: Kirby Klys
  • 386-454-7373
  • mfrmls
  • DMCA Notice
  • Description
    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
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Features
Appliances
  1. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Ductless
  3. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. 100 Amp Service
  2. 200+ Amp Service
  3. 220 Volts
Flooring
  1. Concrete
Garage Spaces
  1. 0.00
Heating
  1. Heat Pump
Insurance Expense
  1. 0.00
Legal Description
  1. BEG NE COR SE1/4 OF SE1/4
  2. RUN W 604.54 FT 328-238
  3. 361-256
  4. 652-278
  5. 666-611
  6. 692-7
  7. 761-1748
  8. 805-119
  9. 842-1557
  10. 958-125
  11. ORD NO 86-99 ANNEXATION
  12. CT 1203-1188
  13. WD 1236-2692
  14. TO N RW OF US-27
  15. SE ALONG R/W 148.81 FT
  16. NE 10 FT
  17. SE ALONG R/W 649.65 F T
  18. N 532.33 FT TO POB. ALSO BEG SE COR OF NE1/4 OF SE1/4
  19. RUN W 589.75 FT TO NE R/W US-27
  20. NW ALONG R/W 265.43 FT
  21. NE 296 FT
  22. N 81 DG E 176.27 FT
  23. E 208.73 FT
  24. S 208.73 FT
  25. E 208.73 FT TO E LINE OF SEC
  26. S 208.73 FT TO POB.
Levels
  1. One
Living Area
  1. 6794.00
Area Major
  1. 32038 - Fort White
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 29-6S-16-03983-000
Parking Features
  1. Over 30 Spaces
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Highway
Roof
  1. Metal
Sewer
  1. Septic Tank
Tax Year
  1. 2024
Township
  1. 06S
Utilities
  1. Electricity Available
  2. Phone Available
  3. Public
  4. Water Connected
Views
  1. 14
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/GC533096
Water Source
  1. Public
Year Built
  1. 1950
Zoning Code
  1. CG
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