Investment Highlights
Executive Summary
Fully renovated commercial building w/ Turn Key Bakery, Cafe, & Coffee Shop - Assets included. Zoning allows for Residential or Short Term rental use, though current use is a cafe/bakery that serves coffee, beer & wine. This stunning Historic building was originally built in 1900 but was completely renovated in 2014. The full renovation included everything from a new slab, new structural supports and framing, walls, new electrical, plumbing, roof, HVAC, fixtures, and more. The complete renovation was done to conform with HARB requirements as well as the Ad Valorem tax exemption, making the new effective age of the building 2014. Currently the property is used to house a Bakery & Coffee shop with both a front and back pavered patio for guests. As you walk through the front door the charm and natural bright light will envelope you. The spacious front seating area looks out through a beautiful bay window onto Cordova Street, one of the busiest streets in Historic downtown. The downstairs includes a large space for retail or cafe service, a small prep room with sink and storage, and two handicap accessible restrooms. From there you can exit through to the back deck with shared storage space and a walk-in. Upstairs is an additional area for dining or private parties, a large full kitchen with walk-in cooler, hood system, and private office. This location is less than a block from Flagler College and on the route of both trolley trains and carriage tours. HP3 Zoning allows for numerous uses to include: gallery, short term rentals, retail, restaurant service, antiques, & office space . Recent Updates include: New AC units - 2021-22, New grease trap 2021-22, Weather proofed shed 2023, Updated back patio - 2022 with new brick, removal of tree and fresh paint along with new fences. Impact fee paid for 70 Seats. This purchase includes all physical assets and equipment to open a turnkey business. Name & Proprietary Assets do not convey - Financials not available.
