20290 SE 142nd PLACE UMATILLA, FL $ 600,000
20290 SE 142nd PLACE
$ 600,000
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20290 SE 142nd PLACE

UMATILLA, FL, 32784
$ 600,000
Baths0.0 Sq 4,037

Monthly Estimate*

$ 3,988

20290 SE 142nd PLACE, UMATILLA, FL 32784 - Image 1
Studio Commercial Property for sale in UMATILLA, FL for $600,000. This 4,037 square foot building was built in 1957 on a lot size of 0.29.

Diamond in the rough! This is a package deal that includes a bar/restaurant, along with 9 residential rental units. One of those rental units is a mobile home that must be removed/replaced. The price includes a full liquor license with the ability to sell packaged goods including liquor and tobacco products. This could be a cash cow with the right improvements and the right team in place, as there is very little bar competition nearby and it has been operational for over 40 years. Residential rental income is about $4800 per month (gross) and has plenty of room for rent increase, as all have been rented well below market value. There are 2.17 total acres combined.

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Commercial Pending

Price

$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,912

Style

Restaurant

Lot Size

0.29

Year Built

1957

Town/City

UMATILLA

County/Region

MARION

MLS | Web ID

OM673329

Features
General
Cooling Central Air Wall/Window Unit(s)
Zoning B2
Construction Materials Brick Metal Siding Wood Frame
Year Built 1957
Property SubType Restaurant
Tax Year 2023
Percent Ownership Corporation
County Marion
New Construction No
Property Type Commercial Sale
Subdivision Name BIG SCRUB CAMPSITE
Status Pending
Directions From Leesburg heading NORTH on Highway 27 turn right onto 25 for several miles then turn right onto 42 for 7+ miles then turn left onto 182nd Ave Rd for 1.9 miles then turn right onto SE 142nd Place.
City UMATILLA
Buyer Agent Compensation 2.5%
MLS Area 32784 - Umatilla / Dona Vista
Lot Size Units Square Feet
Lot Size Square Feet 12632
Waterfront Y/N No
Street Name 142nd
Tax Annual Amount 2912.51
Public Remarks Diamond in the rough! This is a package deal that includes a bar/restaurant along with 9 residential rental units. One of those rental units is a mobile home that must be removed/replaced. The price
Days on Market 63
Living Area Units Square Feet
Standard Status Pending
Tax Lot 39
Legal Description SEC 16 TWP 17 RGE 25 PLAT BOOK UNR BIG SCRUB CAMPSITES BLK 17 LOTS 39.40.41.42 BEING MORE FULLY DESC AS FOLLOWS: W 100 FT OF E 3690.3 FT OF S 121.31 FT OF N 1331.31 FT OF N 1/2 OF N 1/2 N 10 FT SUB T
Water Access Y/N No
Water View Y/N No
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Exterior
Lot Size Area 12632
Foundation Details Pillar/Post/Pier Slab
Number of Buildings 9
Building Area Total 4226
Lot Dimensions 100 x 117
Lot Size Acres 0.29
Road Surface Type Dirt
Road Frontage Type Other
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Interior
Total Stories 2
Air Conditioning Y/N Yes
Street Suffix PLACE
Total Baths 0
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* Excluded Features
List By
Meadows Realty, Llc

Broker

mbiglane12361@gmail.com

Email

Affordability Calculator

$4,230
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,988
Monthly Property Taxes
$243
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2024$600,000 Listed Price

Map


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20290 SE 142nd PLACE, UMATILLA, FL, 32784 is a Commercial Property for sale at $600,000 with 4,037 sqft and a lot size of 0.29. 20290 SE 142nd PLACE is a studio with 0.0 baths and was built in 1957. The property's zip code is 32784 which is in UMATILLA, FL