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7 W UNIVERSITY AVENUE

Recently Sold
$24,000

BTC: 0.35555556

ETH: 11.79651020

Sold on: 2023-07-10
118 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

$325,000 KEY fee to assume lease. - 4COP Liquor License included (Valued at $245k+ assuming you can find one) - 7+ years remaining on lease. 2+ yrs on initial term W/ 5 yr Option to renew at attractive lease rate. - All FF&E and Inventory (Lots of Liquor) Included This is opportunity an to take over Madrina's Bar in Downtown Gainesville. Keep the name & Goodwill or start from scratch. This Beautifully built-out bar is situated directly on University Avenue in the heart of Downtown Gainesville. Completely Turnkey operation ready to go from day 1. POS system, Thousands of dollars in liquor inventory, Beautifully built-out & efficient bar, Glassware, refrigeration, Ice Maker, and all additional FF&E needed to operate a successful bar included. OWNER FINANCING IS AVAILABLE WITH 25% DOWN AT 12 PERCENT INTEREST, INQUIRE FOR MORE DETAILS.

Location

Facts and features

Type:
Commercial Lease
Parking:
No Data
Year Built:
1936
Lot:
0.26 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 146190000007W

    • Zoning: CCD

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Restaurant

  • Other financial information

    • Annual tax amount: $28,910

  • Source details

    • MLS ID: GC511776

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Lot Size Dimensions: 191 x 60

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PORTAL REALTY