8725 Us 27 Highway, FORT WHITE, FL 32038
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- MLS#: GC533096 ( Commercial Sale )
- Street Address: 8725 Us 27 Highway
- Viewed: 15
- 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
- DMCA Notice
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DescriptionFantastic 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
Property Location and Similar Properties
Features
Appliances
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
- Ductless
- Wall/Window Unit(s)
Country
- US
Covered Spaces
- 0.00
Electric
- 100 Amp Service
- 200+ Amp Service
- 220 Volts
Flooring
- Concrete
Garage Spaces
- 0.00
Heating
- Heat Pump
Insurance Expense
- 0.00
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.
Levels
- One
Living Area
- 6794.00
Area Major
- 32038 - Fort White
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 29-6S-16-03983-000
Parking Features
- Over 30 Spaces
Possession
- Close Of Escrow
Property Condition
- Completed
Property Type
- Commercial Sale
Road Frontage Type
- Highway
Roof
- Metal
Sewer
- Septic Tank
Tax Year
- 2024
Township
- 06S
Utilities
- Electricity Available
- Phone Available
- Public
- Water Connected
Views
- 15
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/GC533096
Water Source
- Public
Year Built
- 1950
Zoning Code
- CG