1148 CO RD 309, #1, Crescent City, FL, 32112 | $1,250,000

Exceptional Dual Frontage with Access from both CR 309 & CR 308!
Location: Just off the St. Johns River with direct access from both County Road 309 & County Road 308 (Welaka/Fruitland area)
Acreage: 5. 75 High-Visibility Acres
Licensing: Rare & Highly Coveted 5COP Quota Liquor License Included
The Opportunity
Unlock the ultimate hospitality dream with this massive, fully equipped, and completely turnkey commercial property. Strategically stretching between two of the region's primary corridors, this 5. 75-acre property boasts dual road frontage with direct access from both CR 309 and CR 308. This unique through-lot layout puts your business in a prime position to capture seamless drive-in traffic from locals, tourists, and river-bound travelers coming from either direction. The property features a fully operational, ready-to-open restaurant and a detached retail liquor store. With the rare 5COP liquor license included in the sale, you inherit an immediate, dual-stream revenue model that allows for a full bar, package sales, and late-night operations. Everything is in place, fully permitted, and meticulously maintained. Walk in on day one, flip the sign to "Open, " and start ringing up sales. Property & Business Features Dual Road Frontage & Easy Access: Features dedicated frontage and access points on both CR 309 and CR 308. This makes navigation effortless for customers, creates excellent pull-through access for large vehicles, and maximizes signage exposure on two major regional roads. Fully Equipped Turnkey Restaurant: A beautifully designed dining room and bar setup, complete with all front-of-house furniture, POS systems, and welcoming decor. Chef's Dream Commercial Kitchen: High-capacity line featuring a commercial pizza oven, walk-in coolers and freezers, exhaust hoods, fryers, flat-tops, conventional ovens, prep stations, and dishwashing facilities. Everything you need to launch a high-volume pizza, Italian, or American-style culinary concept immediately. Detached Retail Liquor Store: A separate, free-standing building on the property dedicated to package liquor sales. Capitalize on steady retail traffic completely independent of the restaurant operations. St. Johns River Micro-Market: Located just moments from the water, perfectly positioned to capture the area's heavy influx of local boaters, weekenders, fishermen, and tourists looking for great food and outdoor dining. 5. 75 Acres with Massive Expansion Room: The expansive through-lot layout provides an incredible canvas. Build an outdoor concert stage, add tiki bars, host massive private events/weddings, or physically expand the existing structures. Ample Parking: Extensive, cleared parking lot with excellent flow between the two road entrances, capable of easily accommodating large crowds, tour buses, and heavy-duty boat trailers.

Features

  • Property Type: Mixed Use
  • Current Use: Commercial
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Propane
  • Parking: Off Street, Parking Lot
  • Heating: Central
  • Cooling: Central Air
  • Year Built: 1973
  • Approx Sq. Feet: 3,205
  • Acreage: 5.75
  • Est. Taxes: $4,041
  • Lot Desc: Flag Lot
  • MLS#: 2155961
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/2155961/1148cord309_crescentcity_fl?source=qrflyer
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Listing courtesy of TIMBER TO TIDES REALTY LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1148 CO RD 309, #1, Crescent City, FL, 32112

$1,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,000,000 $1,000,000 $1,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.275% 6.223% 6.183%
Monthly Tax Payment $337 $337 $337
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,836 $6,076 $8,439
Total Monthly Payment $6,298 $6,538 $8,901

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.