For Sale: Commercial Property & Business
Turnkey Bait Shop & Mixed-Use Property with Immediate Income Potential
Are you ready to invest in a property that offers multiple income streams and is ready for business from day one? This unique property includes a fully operational bait shop and numerous additional assets, making it a highly lucrative opportunity. Buy today and start generating income the same day!
The bait shop is fully equipped with inventory, merchandise, vendor lists, and established relationships, ensuring a seamless transition for the new owner. It also features a convenient drive-through window to enhance customer service. Additionally, the property includes two outdoor storage tanks that are ideal for replenishing the indoor bait tanks with fresh water.
Two large storage containers (45ft and 20ft) are included, providing ample space for equipment, merchandise, or supplies. These can also be rented out for additional income. A food truck is part of the sale and is currently leased by tenants for $1, 800 monthly rent, offering an immediate and stable revenue stream.
The property also comes with a pontoon boat, which offers another unique revenue opportunity. This boat can be used for rental purposes, attracting additional income from tourists or locals looking for a relaxing and enjoyable boating experience.
This property includes a water tank truck, a backup tank with a trailer, and an income-generating water delivery business. The sale also features a U-Haul contract, allowing the new owner to earn a 20% commission on every rental.
The property is zoned C-3, supporting multiple uses such as retail, convenience stores, QSR/fast food, restaurants, shopping centers, and sidewalk cafes. Current income is generated from parking spaces rented at $200 each, with potential to add more spaces in the back lot. There’s also an opportunity to build upward to three stories or expand outdoor seating in the front area to further increase revenue.
The 3, 823 sq. ft. building sits on 0. 7685 acres and includes several essential features such as three-phase electricity, which provides a continuous and balanced flow of power for high-demand operations. The property is equipped with two grease traps, two public toilets, and significant backup systems including two wells and a generator for uninterrupted operations.
Other key features include a back living area, which provides flexibility for the new owner. You can either live on the property or use it for on-site management, offering added convenience and control over the business operations. Alternatively, the living area can be rented out to generate additional income. The property also includes a fully equipped kitchen for personal use or expanded business ventures.
Adding to its appeal, this property is located right by the water on the main highway, ensuring high visibility and accessibility, which is ideal for attracting customers and maximizing revenue.
A new metal roof is currently being installed, and security cameras are in place for added peace of mind.
This is a rare investment opportunity with established income streams and significant growth potential. Don’t miss the chance to own this one-of-a-kind property and business!
Contact High-End Realty LLC at 407-800-9233 for more information or to schedule a tour.
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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 | $2,720,000 | $2,720,000 | $2,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $851 | $851 | $851 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,642 | $17,192 | $23,694 |
Total Monthly Payment | $18,618 | $18,168 | $24,670 |
* 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.