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5240 NW 34th St

3,200 SF Retail Condo Unit Offered at $375,000 in Gainesville, FL 32605

Investment Highlights

  • Reputable restrauunt that is continue to grow in business
  • High-income generating property.

Executive Summary

HIGH VOLUME FAMILY RESTAURANT IN NW GAINESVILLE. Scoula Pizza has established a reputation for their excellent quality food and diverse menu. A turn-key business turning a healthy profit with some owner-financing available to an acceptable buyer. Fully staffed with long-time, highly trained employees. Current restaurant owner put in approximately $200k of renovations, including gutting entire restaurant, rebuilding the dining room, new ceiling tiles, bathrooms, wait station, office, and to-go area, as well as top to bottom cosmetic upgrades. A full list of equipment, both leased and owned is available. Financials are available with signed NDA. This sale also includes a lease at Innovation Square Food Truck Park for use of a 28' x 8' food truck.

Property Facts

Price $375,000
Unit Size 3,200 SF
No. Units 1
Total Building Size 9,000 SF
Property Type Retail (Condo)
Sale Type Investment
Building Class C
Floors 1
Typical Floor Size 9,000 SF
Year Built 1979
Lot Size 1.00 AC
Parking Ratio 4.12/1,000 SF

1 Unit Available

Unit #A

Unit Size 3,200 SF
Price $375,000
Price Per SF $117.19
Condo Use Retail
Sale Type Investment
Description

HIGH VOLUME FAMILY RESTAURANT IN NW GAINESVILLE. Scoula Pizza has established a reputation for their excellent quality food and diverse menu. A turn-key business turning a healthy profit with some owner-financing available to an acceptable buyer. Fully staffed with long-time, highly trained employees. Current restaurant owner put in approximately $200k of renovations, including gutting entire restaurant, rebuilding the dining room, new ceiling tiles, bathrooms, wait station, office, and to-go area, as well as top to bottom cosmetic upgrades. A full list of equipment, both leased and owned is available. Financials are available with signed NDA. This sale also includes a lease at Innovation Square Food Truck Park for use of a 28' x 8' food truck.

Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Pylon Sign

zoning

Zoning Code MU1
MU1
  • Listing ID: 33671592

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 5240 NW 34th St, Gainesville, FL 32605

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