264 NE Hernando Ave
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264 NE Hernando Ave
8,674 SF Sports & Entertainment Building Offered at £1,196,775 in Lake City, FL 32055
Investment Highlights
- Located in the vibrant Central Business District.
- he second floor elevates the experience with a main taproom, a fully equipped kitchen, private event space, tasting rooms, and office spaces.
- The first floor boasts an unfinished retail space, a production area, and a taproom, with easy access to a truck well equipped with a mechanical lift
Executive Summary
Discover one of Lake City’s finest commercial buildings, strategically located in the vibrant Central Business District. This remarkable property is designed for versatility and functionality, offering an exceptional opportunity for business owners and investors alike. The first floor boasts an unfinished retail space, a production area, and a taproom, with easy access to a truck well equipped with a mechanical lift for seamless deliveries. The second floor elevates the experience with a main taproom, a fully equipped kitchen, private event space, tasting rooms, and office spaces. Both floors offer updated ADA-compliant restrooms, ensuring accessibility for all. The building has undergone significant updates, including new plumbing, electrical systems, and HVAC units, and is crowned with a stately standing seam metal roof. An adjacent 1/4 block of vacant land offers room for expansion, accommodating future growth and development needs. Zoned CG, the property permits a wide range of uses: retail outlets, service establishments, medical and professional offices, financial institutions, and even convention centers. The location’s infrastructure and availability of utilities make it a prime choice for businesses of all types. For investors, the current business is open to discussing a long-term lease-back arrangement, providing a steady income stream with favorable terms. This property is not just a space; it’s an opportunity to establish your business in a thriving area.
Property Facts
| Price | £1,196,775 | Lot Size | 0.45 AC |
| Price Per SF | £138 | Building Size | 8,674 SF |
| Sale Type | Investment or Owner User | Number of Floors | 2 |
| Property Type | Sports & Entertainment | Year Built | 1940 |
| Price | £1,196,775 |
| Price Per SF | £138 |
| Sale Type | Investment or Owner User |
| Property Type | Sports & Entertainment |
| Lot Size | 0.45 AC |
| Building Size | 8,674 SF |
| Number of Floors | 2 |
| Year Built | 1940 |
Amenities
- Wheelchair Accessible
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 00-00-00-12654-000 | Improvements Assessment | £99,476 |
| Land Assessment | £35,826 | Total Assessment | £135,302 |
PROPERTY TAXES
Parcel Number
00-00-00-12654-000
Land Assessment
£35,826
Improvements Assessment
£99,476
Total Assessment
£135,302
zoning
| Zoning Code | CCBD (Commerical - Central Business District) |
| CCBD (Commerical - Central Business District) |
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264 NE Hernando Ave
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