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165 N Yonge St 3,500 SF Retail Building Ormond Beach, FL 32174 $1,250,000 ($357.14/SF) 4% Cap Rate



Investment Highlights
- Excellent standalone building with high visibility and easy access
- Long history of successful restaurant operations
- Complete furnishings, upgraded 12-foot hood system and all kitchen equipment in place
- 3,500 sq. ft. with room to expand, can add outdoor seating
- Opportunity to purchase the building, furnishing, equipment and business with managing partner in place
- Large, illuminated sign and smaller wall sign
Executive Summary
This offering includes both the thriving restaurant business and the standalone building it operates in, located in the heart of Ormond Beach near Granada Blvd and busy US-1. The site has supported successful restaurant operations for more than 30 years and continues to draw steady traffic today as a popular breakfast and lunch spot. The freestanding building was constructed in 2017, is extremely clean and well-maintained, and offers approximately 3,500 sq. ft. with room to expand, including the option to add outdoor seating. It sits in a high-visibility, easy-access location with a large illuminated sign and an additional wall sign, giving it a strong presence compared to restaurants buried inside shopping centers.
The business itself is well-established, with a strong breakfast and lunch trade already in place. The sale includes complete furnishings, all kitchen equipment, and an upgraded 12-foot hood system, giving a new owner the ability to continue the existing concept or bring in a new one with minimal ramp-up time. A managing partner can remain in place if desired, allowing for a smooth transition and continued operational consistency.
The sale includes the building, the business, all equipment, and all furnishings, and the seller is open to possible owner financing with 40 percent down and flexible terms. Offered at 1.25M firm, this is a rare opportunity for someone looking to expand or relocate to Florida and step directly into a high-performing restaurant property in a prime location with long-proven success and plenty of growth potential.
The business itself is well-established, with a strong breakfast and lunch trade already in place. The sale includes complete furnishings, all kitchen equipment, and an upgraded 12-foot hood system, giving a new owner the ability to continue the existing concept or bring in a new one with minimal ramp-up time. A managing partner can remain in place if desired, allowing for a smooth transition and continued operational consistency.
The sale includes the building, the business, all equipment, and all furnishings, and the seller is open to possible owner financing with 40 percent down and flexible terms. Offered at 1.25M firm, this is a rare opportunity for someone looking to expand or relocate to Florida and step directly into a high-performing restaurant property in a prime location with long-proven success and plenty of growth potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
1945/2017
Price
$1,250,000
Price Per SF
$357.14
Cap Rate
4%
NOI
$50,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.38 AC
Zoning
B-4
Frontage
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Flapjack Johnny S Ormond
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Flapjack Johnny S Ormond | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4215-02-01-0312 | Improvements Assessment | $288,460 |
| Land Assessment | $83,250 | Total Assessment | $371,710 |
Property Taxes
Parcel Number
4215-02-01-0312
Land Assessment
$83,250
Improvements Assessment
$288,460
Total Assessment
$371,710
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Presented by
Progressive Edge Group, Inc
165 N Yonge St
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