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514 NW Dixie Hwy

8,886 SF Retail Building Stuart, FL 34994 $3,500,000 ($393.88/SF)

INVESTMENT HIGHLIGHTS

  • Extensive renovations completed in 2017 and 2018
  • Indoor and outdoor seating with great ambience
  • Across the street from the St. Lucie River
  • Turnkey restaurant space with established clientele
  • 40 minutes from the Palm Beach Airport

EXECUTIVE SUMMARY

EXTENSIVE RENOVATIONS COMPLETED IN 2017 & 2018. SEE ATTACHMENT FOR DETAILS.
This is a unique opportunity to own the entire package of the Talk:house business, real estate & improvements, which includes 2 buildings, a courtyard with beautiful pavers, & a new parking lot, & a highly sought after 4COP Quota liquor license for $3,500,000.

ATTACHMENTS

Talkhouse Improvements
NDA Agreement

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,886 SF
Building Class
C
Year Built/Renovated
1947/2018
Price
$3,500,000
Price Per SF
$393.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.59 AC
Zoning
R-3 - Single-Family Residence
Parking
28 Spaces (7.38 Spaces per 1,000 SF Leased)
Frontage
124’ on NW Dixie Hwy

AMENITIES

  • Corner Lot
  • Courtyard
  • Fireplace
  • Restaurant
  • Security System
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Talk:house LLC
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Talk:house LLC Retailer - - -

NEARBY MAJOR RETAILERS

Jazzercise
Publix
Club Pilates
Duffy's Sports Grill
United Community Bank
Wells Fargo Home Mortgage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-37-41-004-005-00010-2
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,163,646
  • Listing ID: 19424890

  • Date on Market: 5/4/2020

  • Last Updated:

  • Address: 514 NW Dixie Hwy, Stuart, FL 34994

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