UMATILLA, FL 32784 20290 SE 142nd PLACE

Pending
Presented By: MEADOWS REALTY, LLC with 352-237-6400. - 352-237-6400
  • MLS# OM673329
  • 02/21/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 4,037

Home Details

Diamond in the rough! This is a package deal that includes a bar/restaurant, along with 9 residential rental units. One of those rental units is a mobile home that must be removed/replaced. The price includes a full liquor license with the ability to sell packaged goods including liquor and tobacco products. This could be a cash cow with the right improvements and the right team in place, as there is very little bar competition nearby and it has been operational for over 40 years. Residential rental income is about $4800 per month (gross) and has plenty of room for rent increase, as all have been rented well below market value. There are 2.17 total acres combined.
Presented By: MEADOWS REALTY, LLC with 352-237-6400. - 352-237-6400

Interior Features for 20290 SE 142nd PLACE

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Total Stories2

General for 20290 SE 142nd PLACE

Additional Parcels Description5020-009-029, 5020-011-041, 5020-017-029, 5020-017-032, 5020-017-035, 5020-017-043, 5020-017-047
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Buyer Agent Compensation2.5%
CityUMATILLA
Construction MaterialsBrick, Metal Siding, Wood Frame
CoolingCentral Air, Wall/Window Unit(s)
CountyMarion
Days on Market63
DirectionsFrom Leesburg, heading NORTH on Highway 27, turn right onto 25 for several miles, then turn right onto 42 for 7+ miles, then turn left onto 182nd Ave Rd for 1.9 miles, then turn right onto SE 142nd Place.
Flood Zone CodeX
Legal DescriptionSEC 16 TWP 17 RGE 25 PLAT BOOK UNR BIG SCRUB CAMPSITES BLK 17 LOTS 39.40.41.42 BEING MORE FULLY DESC AS FOLLOWS: W 100 FT OF E 3690.3 FT OF S 121.31 FT OF N 1331.31 FT OF N 1/2 OF N 1/2 N 10 FT SUB T
Living Area UnitsSquare Feet
Lot Size Square Feet12632
Lot Size UnitsSquare Feet
MLS Area32784 - Umatilla / Dona Vista
ModificationTimestamp2024-04-25T12:28:36.073Z
New ConstructionNo
Percent OwnershipCorporation
Property SubTypeRestaurant
Property TypeCommercial Sale
Standard StatusPending
StatusPending
Subdivision NameBIG SCRUB CAMPSITE
Tax Annual Amount2912.51
Tax Lot39
Tax Year2023
View Y/NNo
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1957
ZoningB2

Exterior for 20290 SE 142nd PLACE

Building Area Total4226
Foundation DetailsPillar/Post/Pier, Slab
Lot Dimensions100 x 117
Lot Size Acres0.29
Lot Size Area12632
Number of Buildings9
Number of Lots8
Road Frontage TypeOther
Road Surface TypeDirt

Additional Details

Price History

Worth Clark

Price $600,000
MLS#OM673329
List Date 02/21/2024
Property Type Pending
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