Amici's Restaurant

$2,250,000

1915-B A1A South, Saint Augustine, FL 32080

For Sale

Retail Restaurant

Active

Last Updated: 11/02/2021

Details:

Cap Rate: 8.01%

NOI: $180,366

Building Size: 9,496 sqft

Lot Area: 0.0005 acres

Occupancy: 100%

Units: 2

Year Built: 1984

Floors: 1

Offered by

Bob Buckmaster

Managing Broker

Premier Properties

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Highlights:

Highly visible lighted intersection location
Best Italian Restaurant 14 years in a row
Minutes from public beaches
Abundant parking

Description:

Amici Italian Restaurant, established in 1999 has been part of St. Augustine's dining experience for the last 18 years. With it's comfortable surroundings and family warmth, Amici has been awarded the "Best Italian Restaurant" in St. Augustine 14 years in a row by The St. Augustine Record.

For those special occasions, wedding receptions or business events, the facility also features the "Milano Room", a full service bar adjacent to a private banquet facility designed to accommodate an intimate dinner, a family gathering or host groups from 20 to 150 people. Private

Restaurant is licensed for 150 seats and has a 4 COP/SRX liquor license allowing for on-premise consumption with food sales quota.

This property is located on the Southwest corner of SR-312 and A1A adjacent to the Anastasia Square Shopping Center on Anastasia Island. As one of the main corridors to Anastasia Island's beautiful beaches, lavish housing communities and a multitude of area attractions, this location boast over 38,000 cars per day making it one of the most visible locations on the beach.

Site is located on the Northeast corner of Anastasia Square Shopping Center with a perpetual easement agreement for shared parking of the center's parking lot.

FPL

21-2 PART OF SE1/4 OF SW1/4 OF SE1/4 LYING S OF SR 312 & W OF SR 3 103.3 FT ON SR 3 X 200FT OR1951/57