This prime restaurant space, situated in the bustling European Village of Palm Coast, Florida, offers an exceptional turnkey opportunity for culinary entrepreneurs. Spanning 3, 140 square feet of air-conditioned interior and an additional 1, 000 square feet of patio space, this establishment can comfortably seat over 150 patrons. The expansive seating capacity qualifies the restaurant to obtain a 4COP SRX license for a full liquor bar, enhancing its beverage offerings.
The kitchen is fully equipped to cater to high-volume service, featuring a walk-in cooler and freezer, two hood systems, an 8-burner stove, two fryers, a double oven, a prep fridge, a steam table, an ice maker, and a commercial dishwasher. Ideal for an establishment looking to provide a variety of beverage options, the location boasts a 12-tab Micromatic beer system and a nitro tank specifically for stouts, complemented by a well-designed bar area with a 4-compartment sink.
The interior of the restaurant is thoughtfully laid out with two bathrooms, ensuring customer convenience, and an office space for administrative duties. Additionally, the ample storage space enhances operational efficiency. This setting, with its infrastructure and strategic location, is perfectly poised to attract a steady flow of patrons from the vibrant surroundings of the European Village.
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Our Executive Mortgage Banker:
Our Insurance Division:
$900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $102 | $102 | $102 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,670 | $4,610 | $6,322 |
Total Monthly Payment | $4,864 | $4,804 | $6,516 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.