About This Restaurant
Investment Highlights
The Yearling at Historic Cross Creek, Restaurant & Bar, please visit TheYearlingRestaurant.com
Executive Summary
The Historic Yearling Restaurant & Cabins are featured in Southern Living Magazine, June 7, 2024.The Yearling is included in Florida?s 17 Most Legendary Restaurants.https://www.southernliving.com/legendary-florida-restaurants-8657583 Restaurant Business and Real Estate - $1,030,000Restaurant Business, All Real Estate, and 7 Cabins - $1,980,000Turnkey Business & Real Estate. Trade or Seller Financing with $500,000 Down! The Yearling at Historic Cross Creek is a Florida Landmark Restaurant for Southern Cuisine. Just down the road from the Historic Marjorie Kinnan Rawlings House & State Park. 100 total seats, 75 in dining area, 25 in bar area. Forecasted Revenue for 2024 is $1,200,000. The well-maintained 7,348 SF building has a new metal roof. **Seller will accept other real estate in trade** Please Visit The Yearling?s website ? TheYearlingRestaurant.com. for more pictures and information. Call Roger Wood to discuss anytime at 352-427-8859
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar Restaurant
- Building Size 7,348
- Building Class C
- Year Built 1952
- Price 1,030,000
- Price Per SF 140
- Cap Rate 19.31
- NOI 198,880
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 2.00 AC
Amenities
- Restaurant
Property Taxes
| Parcel Number | 18354-039-024 | Improvements Assessment | $13,500 |
| Land Assessment | $170,648 | Total Assessment | $184,148 |
| Date Created: | 2024-07-16 04:13:34 | Last Updated: | 2024-07-16 04:13:34 |
| Address: | 14531 E County Road 325 , Cross Creek, Florida, 32640 | ||