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11 S Lake St
Crescent City, FL 32112
Three Banana's Restaurant & Marina · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,109 SF
Building Class
C
Year Built
1947
Building Height
2 Stories
Loading Docks
16 Exterior
Building FAR
0.20
Lot Size
0.58 AC
Zoning
GC-1
Parking
12 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
150’ on Lake St

AMENITIES

  • Corner Lot
  • Restaurant
  • Waterfront
  • Air Conditioning

ABOUT 11 S LAKE ST , CRESCENT CITY, FL 32112

Huge reduction due to personal reasons. This is priced to Sell today. 20% return for a operator or investor. 2019 Sales are up. This will not last!!! My advice is to call me today.This tum-key restaurant/bar INCLUDES all real estate and structures, a 16 Slip Marina, 200-foot dock extends over the water opening onto a large Island Tiki Bar and deeded water lot. This business has been successfully established for 18 years and has a full liquor license. We have well established staff and long-term employee history. Our main building has indoor restaurant seating plus attached screened & covered wrap around porch that provides seating totaling 220+. The porch includes gas heating and fans. Island Tiki bar out over water at end of the 200-foot dock has an additional 40+ seating. A large Banana boat bar, colorful picnic tables and large wood lawn chairs and a wood deck floor in the back yard adds ample additional seating. Island ambiance emanates from permanently installed gas Tiki torches near the shoreline bulk head. 3-Bananas provides a beachy ambiance with a fun vibe on the shore of beautiful Lake Crescent (which is navigable to the ocean via the St. Johns River). Crescent Lake (aka Lake Crescent) is one of the largest Florida lakes and is themed “Bass Capital of the World". Our lake straddles Putnam and Flagler counties in the "real Floridan with an imposing over 15,960 acres. We are immersed in a lovely southern-charm small town atmosphere with big-city earnings. A "Spare no expense" attitude has been invested in extensive promotion and advertising through the years that has made this restaurant "the place to be" within a 50-mile radius of our town. We are the hub for this community and a "Must Visit" destination for vacationing snowbirds and those just simply desiring a day-trip from neighboring areas like St. Augustine, Palm Coast and Daytona Beach to name a few. The colorful whimsical 3-Bananas Logo is fully trademarked. QUICK DETAILED INFORMATION: INVENTORY and ALL REAL ESTATE INCLUDED IN THE SELLING PRICE. FACILITIES: Established staff, adequate parking, gas fire place, gas tiki torches, 3 AC units, Stainless Steel kitchen with all appliances in good condition. A very large walk in cooler located on the second parcel incorporates extra storage. The restaurant building includes an upstairs banquet area with lake view. Possible conversion into additional seating or owners/managers quarters. Separate private office, secure liquor room & inventory storage room. Trademarked Logo 3-Bananas, website, promotional materials included in sale. SBA 504 Approved!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-12-28-1750-0180-0010
Land Assessment
$146,360
Improvements Assessment
$323,120
Total Assessment
$469,480
  • Listing ID: 17271615

  • Date on Market: 9/23/2019

  • Last Updated:

  • Address: 11 S Lake St, Crescent City, FL 32112

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