Homes for sale - 3611 Frederica RD, St. Simons, GA 31522

Key Details

Property Type Commercial

Sub Type Commercial,Mixed Use,Office,Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,441 sqft

Price per Sqft $463

MLS Listing ID 10480357

Year Built 1980

Annual Tax Amount $2,881

Tax Year 23

Lot Size 0.280 Acres

Property Sub-Type Commercial,Mixed Use,Office,Retail

Property Description

Must see // Real Estate Included | Turnkey Opportunity | Endless Potential // New Roof // Tankless water heater Restaurant with real estate on St Simon's Island. Opportunities include redeveloping into a three-floor office building (~25,000sq feet) or multi-use commercial / retail on the bottom floor, converting the business to a private members only club, business or real estate office / business office. Don't miss your chance to own a thriving, well-established 45 year old seaside restaurant located in one of the most exclusive areas of Georgia. This unique property is a turnkey opportunity that not only includes the successful restaurant business but also the valuable real estate on 0.7 acres, offering remarkable versatility and growth potential. Key Features: Real Estate Included: Expansive 0.7-acre lot (two lots total) with over 70 parking spaces, ensuring ample convenience for guests and staff. Seating Capacity & Ambiance: The restaurant comfortably seats 100 guests, providing an inviting and upscale dining experience with a full bar to enhance evening revenue. Turnkey Operation: Currently open and operating smoothly under absentee ownership, making it an ideal investment for both hands-off owners and experienced restaurateurs. Established Success: Serving the community for over 40 years, this beloved establishment boasts a loyal clientele, long-standing staff, and experienced management. Incredible Growth Opportunities: Presently open for dinner only, the restaurant is primed for expansion with the potential to: Add Breakfast and Lunch Services: Capture untapped daytime markets. Introduce To-Go and Catering Services: Meet increasing demand for convenient dining options. Expand Seating: The spacious property allows for the addition of more seats, increasing revenue potential. Versatile Property Uses: This property is not only perfect for continued use as a restaurant but also offers exceptional flexibility, including the potential to: Keep it as a thriving restaurant and build on its established reputation. Convert it into an office space, leveraging its prime location and extensive parking. Expand the building to increase capacity and accommodate larger groups or private events. Fully Equipped and Ready to Operate: Modern Infrastructure: Featuring a new Point of Sale (POS) system for efficient operations. Commercial Kitchen: Complete with grease traps and hood systems, ready to support a diverse and expanded menu. Private dining room. Wrap around patio Second floor for dining Unmatched Location & Reputation: Prime Coastal Location: Situated in one of Georgia's most desirable and affluent seaside communities, benefiting from high visibility and consistent foot traffic from locals and tourists alike. Iconic Community Favorite: With over three decades of exceptional service, the restaurant has built an impeccable reputation and a loyal customer base, ensuring continued success.

Location

State GA

County Glynn

Zoning Lc /Local Commercial

Interior

Heating Central

Cooling Central Air,Fans,Wall Unit(s)

Flooring Hardwood,Tile

Inclusions Equipment

Equipment Fixtures,Freight Elevator,Furniture,Industrial Equipment

Exterior

Parking Features Parking Lot,Paved

Garage Spaces 75.0

Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities

View Y/N No

Roof Type Composition

Building

Lot Description Business Park,Interior Lot,Level

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Updated/Remodeled