10916 Atlantic Blvd. #24

Jacksonville, Florida 32225
MLS#: 1218782
3,276 sq ft
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Commercial Property for sale in Jacksonville, Florida for $159,900. This 3,276 square foot property was built in 1988.

Very well established Thai food full service restaurant. Priced at LESS THAN A 2 YEAR NET EARNINGS MULTIPLE or a double digit CAP RATE!!! Owner has to return home to care for family and, with great regret, must sell her prized restaurant. Over 3200 sf with fully equipped kitchen, dining room with booths and tables, a full service bar, and great clientele. New owner could add other menu items, catering, even bbq by retrofitting an unused brick fire pit. Owners loss is your gain. Lease on space was renewed for five years last March. New owners must qualify to take over existing lease or re-negotiate new terms. See documents for FFE list and other information. Possible transfer of beer and wine license but this must be verified by buyer.

Listed By
  Agency Phone: (904) 285-5000

Shown By
  Agency Name: Davidson Realty, inc.
  Agency Phone: (904) 940-5000

Property Details

Price: $159,900
Square feet: 3,276
Property Type: Commercial Sale
Year Built: 1988
County: Duval
City: Jacksonville
MLS #: 1218782
Status: Active
Listed on: 5/24/2023


Potential Use: Business, Net Lease, Other, Retail
Present Use/Zoned: CCG-2
Use of Adjacent Area: Commercial, County Road, Multi-Family, Residential, U.S. Highway
Utilities: Gas - Piped, Sewer - Public, Water - Public
HVAC: Central
Ceiling Height: 8' - 10' Ceilings
Lot Location: Shopping Center
Lot Description: Curb & Gutter, High & Dry, Regular Lot, Sidewalks


From I-295E North take exit 48 Atlantic Blvd. Proceed East about a half mile. Restaurant is on right in Justin Plaza Shopping Center.
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Contact the loan officer below to get pre-qualified

Broker Image
  • Mark Sherman
  • Sales Manager, Mortgage Loan Originator
  • Atlantic Trust Mortgage
  • NMLS: 1389284
  • (904) 265-4658
  • Visit Website

©2023 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
This data up-to-date as of 12/10/2023 6:43:09 AM.
For the most current information, contact Davidson Realty, Inc., (904) 940-5000, info@davidsonrealtyinc.com.

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