Listed by Mills Commercial Real Estate Group LLC
$1,200,000
685 US Hwy 1
Details
APN 33391300000100000035.0
Property Type Retail
Sub Type Commercial
Square Footage 3,474
Lease Type NNN
Lease Term 5
Lease Options 5 years with an option of 5 Years. With a 4% increase each year.
Year Built 1974
Acreage 0.530
Zoning CH- Heavy Commercial
Retail | 3,474 SqFt
Marketing description
Situated at 685 US Highway #1 in Vero Beach, this renowned restaurant has been a culinary beacon for over fifty years. Established in 1973 as part of the "Fat Boys BBQ" chain, it has upheld a legacy of culinary distinction throughout the years. In 2007, with a change in ownership, it transitioned to "Smokehouse BBQ," preserving its dedication to being both family-friendly and a hub for business gatherings. Now known as "Caffe 66", it thrives under the guidance of an experienced operator.
Investment highlights
- Price: $1,200,000.00
- Type: Commercial
- Square Footage: 3,474
- Lot Size: .53
- Parcel Number: 33391300000100000035.0
- Type of Electric: FPL
- Zoning Type: CH- Heavy Commercial
- Construction: Masonry
- Number / AC: 3
- Taxes / Year: $8,173.54 / 2022
- Year Built: 1974
- Traffic Volume: 30,000
- Traffic Volume Year: 22
- The building is 3,474 SF on US HWY 1, Vero Beach, FL, with a Traffic Volume 30,000 per day.
- Lessee Terms: 5 years with an option of 5 Years. With a 4% increase each year.
Listing Contacts
Listed by Mills Commercial Real Estate Group LLC
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