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Sea Drift Sports Bar & Grill 1368 Ocean Shore Blvd 4,488 SF Retail Building Ormond Beach, FL 32176 $2,300,000 ($512.48/SF)



Investment Highlights
- A true turnkey restaurant and bar for sale with real estate included at the beach in Ormond Beach, Florida.
Executive Summary
ORMOND BEACH RESTAURANT & SPORTS BAR – REAL ESTATE, BUSINESS, PARKING & LIQUOR LICENSE INCLUDED
Rare owner-user opportunity on A1A in Ormond Beach. The $2.3 million offering includes the commercial real estate AND the operating Sea Drift Sports Bar & Grill business as one turnkey package.
The sale includes approximately 0.62 acres, a 4,488 SF freestanding restaurant/bar building, dedicated paved parking lot, operating restaurant and sports bar business, FF&E and full beverage liquor license.
Prominently located on Ocean Shore Boulevard/A1A directly across from the Atlantic Ocean, the property benefits from high visibility in an established beachside commercial corridor.
The extensively renovated facility features an all-electric commercial kitchen with 3-phase electrical service and equipment, walk-in cooler, walk-in freezer, large walk-in beer cooler, three ADA restrooms, indoor and outdoor seating, multiple televisions, pool tables, games and entertainment areas.
Structural beams have also been incorporated into the building to accommodate a potential future second-floor ocean-view deck over the bar area, providing an opportunity for future expansion.
PURCHASE THE PROPERTY – NOT JUST THE BUSINESS.
This offering provides a restaurant operator, hospitality company or owner-user the ability to acquire:
• Commercial land
• Freestanding restaurant/bar building
• Dedicated on-site parking
• Operating Sea Drift Sports Bar & Grill
• Full beverage liquor license
• Furniture, fixtures and equipment
• Existing restaurant/bar improvements and infrastructure
A true turnkey restaurant and bar for sale with real estate included in Ormond Beach, Florida.
Confidential business information provided with signed NDA and proof of funds.
Rare owner-user opportunity on A1A in Ormond Beach. The $2.3 million offering includes the commercial real estate AND the operating Sea Drift Sports Bar & Grill business as one turnkey package.
The sale includes approximately 0.62 acres, a 4,488 SF freestanding restaurant/bar building, dedicated paved parking lot, operating restaurant and sports bar business, FF&E and full beverage liquor license.
Prominently located on Ocean Shore Boulevard/A1A directly across from the Atlantic Ocean, the property benefits from high visibility in an established beachside commercial corridor.
The extensively renovated facility features an all-electric commercial kitchen with 3-phase electrical service and equipment, walk-in cooler, walk-in freezer, large walk-in beer cooler, three ADA restrooms, indoor and outdoor seating, multiple televisions, pool tables, games and entertainment areas.
Structural beams have also been incorporated into the building to accommodate a potential future second-floor ocean-view deck over the bar area, providing an opportunity for future expansion.
PURCHASE THE PROPERTY – NOT JUST THE BUSINESS.
This offering provides a restaurant operator, hospitality company or owner-user the ability to acquire:
• Commercial land
• Freestanding restaurant/bar building
• Dedicated on-site parking
• Operating Sea Drift Sports Bar & Grill
• Full beverage liquor license
• Furniture, fixtures and equipment
• Existing restaurant/bar improvements and infrastructure
A true turnkey restaurant and bar for sale with real estate included in Ormond Beach, Florida.
Confidential business information provided with signed NDA and proof of funds.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,488 SF
Building Class
C
Year Built
1957
Price
$2,300,000
Price Per SF
$512.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.62 AC
Zoning
B-4 - Heavy Business
Parking
58 Spaces (12.92 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Monument Signage
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3234-11-02-0140 | Improvements Assessment | $477,567 |
| Land Assessment | $222,750 | Total Assessment | $700,317 |
Property Taxes
Parcel Number
3234-11-02-0140
Land Assessment
$222,750
Improvements Assessment
$477,567
Total Assessment
$700,317
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