FL
St. Johns
Hastings
32145
125 N Main Street
125 N Main Street, Hastings, FL 32145
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Listing Type
Commercial/Industrial
Listing Status
Active
100
$899,000

Home Details for 125 N Main Street

Price
$899,000
Type
Commercial Sale
Year built
1911
Lot size acres
0.34
County
St. Johns
MLS Listing#
854590
Property Description

High-visibility restaurant and mixed-use investment opportunity. The offering includes an established restaurant operation and underlying real estate with adaptable space within one asset. The property features approximately 248 FT of corner frontage and is located approximately 400 FT from the signalized intersection of SR 207 and CR 13/N. Main Street with FDOT 2025 traffic counts of approximately 21,000–24,000 AADT. Located in St. Johns County—one of Florida’s fastest-growing counties according to U.S. Census Bureau Vintage 2024 estimates and University of Florida BEBR 2024 population data—the property is positioned between Palatka and St. Augustine along a primary Northeast Florida corridor within the Jacksonville MSA, Florida’s fourth-largest metro area with an estimated 2023 GDP exceeding $129 billion according to U.S. Bureau of Economic Analysis data. Downtown Hastings continues to see public and private investment, including the new Hastings Community Center and Library scheduled to open in 2026 and the ongoing redevelopment of the historic Hastings High School into a First Coast Technical College campus as part of an approximately $21 million investment in the area. The Main Street corridor features a blend of locally owned small businesses and nationally recognized brands serving the growing surrounding market. The first-floor restaurant includes a gas-fired pizza oven, stainless prep areas, commercial refrigeration, three-compartment sink system, dedicated prep and storage areas, POS system, and operational workflow designed for dine-in and takeout service. A separate ice cream component includes its own entrance and walk-up service window, creating an additional revenue source. The second and third floor space features approximately four bedrooms and two bathrooms with separate exterior access, offering flexible space suitable for office, storage, operational support, or other uses permitted under St. Johns County Commercial General (CG) zoning. Recent capital improvements include electrical upgrades including additional circuits, added panel capacity, and 120/208V commercial electrical infrastructure (2025), covered roof addition over the dining area (2024), interior renovations (2023), wiring of 2nd and 3rd floors (2023), repiping of new fixtures (2023), NFPA 13D wet sprinkler system improvements (2023), and outdoor dining deck construction seating approximately 48 guests (2023). Historical operating statements available to qualified buyers. Based on historical and annualized operating performance, the property reflects strong cash-flow potential with projected returns that may appeal to both investors and owner-operators. Buyer to independently verify all financial performance and underwriting assumptions. Rare opportunity to acquire an established restaurant operation with adaptable space, multiple revenue components, public water and sewer service, corridor visibility, and recent property improvements within one of Northeast Florida’s fastest-growing regions.

Property Features
  • House Interior
    • High Ceilings
    • In-Law Floorplan
    • Stone Counters
    • High Speed Internet
  • Cooling Information
    • Central Air
    • Ductless
    • Wall/Window Unit(s)
  • Parking
    • Parking Pad
    • Unpaved
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
Listing Courtesy: Century 21 J.W.Morton R.E. - 352-726-6668
Presented by: Richard Fernley
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EXIT RIVERSIDE REALTY
20156 E. Pennsylvania Ave, Dunnellon, FL 34432
Tracy DeVoe
License #: 3604722
Sales Representative
Office
352 462 7170
Agent
352 212 5554
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