
Welcome to the World Famous ”First Turn Steakhouse & Sports Bar”!! Delicious Food, 3 Sports Bars, Karaoke and/or Live Entertainment Daily, Inside & Outside Venues, Clothing Kiosk, Cornhole Tournaments, Charity Events, Priceless Memorabilia, Sizable Parking Areas, Prime Location and so much more… People from miles around come to enjoy the food, the vast display of racing memorabilia, the entertainment and the special events. A popular destination for NASCAR Race Fans & Motorcycle Enthusiasts year-round! Local musicians and bands are featured at the indoor and outdoor live entertainment stages. The indoor Steakhouse has a bar, entertainment area, multiple wide screen TVs and plenty of bar & table seating. The 2 outdoor Sports Bars have both inside covered bar seating and outside covered bar & table seating and a huge entertainment area for live music and events. The Original First Turn Steakhouse & Sports Bar business was founded by the current owners in 1984 and has been at this location since 1988. Three options are available:
1) The opportunity to purchase a “Turn-Key” restaurant business with 2.38 acres of property, with a proven history of success and with additional -lease opportunities of other US 1 frontage detached commercial store fronts. Perfect for anyone seeking an immediate, excellent cash flow and profitability. Included in the business, land & building sale: Type 4COP+Package Liquor License, tenant lease income, business name, good will, signs, decor, furnishings & equipment with lease opportunities of US-1 frontage detached commercial store fronts and all of the land. The business and land sale includes current business income of 2M+ annually plus opportunity for an additional $34,000+ from rental units on the property. The restaurant is 5,125 square feet with a modern up-dated kitchen, detached refrigeration units, multiple bar refrigerators and equipment to easily service the largest events are all included in the sale along with All NASCAR & Biker memorabilia & décor, furnishings and fixtures.
The 2nd floor is 2,085 square feet of offices and storage and the separate, covered “Tiki” Bars (2) are surrounded by 3,020 square feet of covered outdoor space for the complete dining (up to 200 customers) & entertainment experience. $2,650,000
2) RARE Opportunity to purchase 2.38 Acres of Commercial land (5 adjacent parcels). PRIME location on the corner of US-1 (Ridgewood Avenue) and Commonwealth Blvd. with ingress and egress from both roadways. Frontage on US-1, 506 feet, features 2 entrances/exits and frontage on Commonwealth Blvd. provides 1 entrance/exit. The land purchase includes 7 buildings, including a 7,210 square feet (5,125sf on the 1st Floor & 2,085sf on the 2nd Floor) main building. There is also a 365sf building and a 196sf Gazebo (surrounded by 3,020sf of decking & covered by 3,048sf of canopies); a 2,800sf Building (retail space); a 794sf building and 2 Storage/Utility Buildings (240sf & 120sf). A world famous year-round location for great food & entertainment and a popular NASCAR & Biker destination, hosting many events annually. Abundant parking areas can accommodate approximately 200 vehicles or 2,000 motorcycles. Land and buildings can also be purchased with the business assets for an additional $650,000. $2,000,000
3) The opportunity to purchase the “Turn-Key” restaurant & rental business and lease the buildings and land that it has been established on and has become so famously known. The restaurant currently has business income of 2M+ annually and is 5,125 square feet with 2,085 square feet on the 2nd floor with offices and storage and the separate, covered “Tiki” Bars (2) are surrounded by 3,020 square feet of covered outdoor space for the complete dining (up to 200 customers) & entertainment experience. The property includes 2.38 acres of Commercial Land with tenant income opportunities of $34,000+ annually. Included in the business sale: Type 4COP+Package Liquor License, tenant lease income, business name, good will, signs, décor, furnishings & equipment with lease opportunities of 2 other detached US-1 frontage commercial store fronts. Abundant parking areas can accommodate approximately 200 vehicles or 2,000 motorcycles. There are 2 entrances on US-1 (Ridgewood Avenue) and 1 entrance on Commonwealth Blvd., providing easy access for patrons. Prime frontage on US-1 (Ridgewood Ave.) is 506′. A modern up-dated kitchen, detached refrigeration units, multiple bar refrigerators and equipment to easily service the largest events are all included in the sale along with All NASCAR & Biker memorabilia & décor, furnishings and fixtures. $650,000
Strategically located on a corner lot with high visibility & traffic count (US-1 Commonwealth to Dunlawton: 21,000 AADT; US-1 Nova to Commonwealth: 15,900 AADT; and Commonwealth Taylor to US-1: 14,800 AADT). Zoning is ”RD” (document with list of approved development use is attached). Business financials are available to qualified buyers/investors with proof of funds, an acceptable offer and a signed NDA.
Price: | $2,650,000 |
Address: | 5236 S Ridgewood Ave. (US-1) |
City: | Port Orange |
County: | Volusia |
State: | FL |
Zip Code: | 32127 |
MLS: | 1078583 / 1061740 |
Year Built: | 1930/2020 |
Square Feet: | 11,284 |
Acres: | 2.38 |
Lot Square Feet: | 103,708 |
Bathrooms: | 15 |
Property Type: | Restaurant/Bar with Additional Retail/Apartment Rental Space |
Condition: | Excellent |
Construction: | Mixed: Concrete Block/Stucco Cover; Wood Frame/Wood Siding; Metal |
Exterior: | 7 Buildings on 5 Adjacent Land Parcels |
Fencing: | Security Fencing |
Interior: | Main Building: Updated 2020; Finished, Enclosed Gazebo w/Bar |
Flooring: | Variety of Types |
Heat/Cool: | Central Heat/AC & Window/Wall Units |
Lot size: | 2.38 Acres (103,708sf) |
Location: | Prime Location: Intersection of US-1 and Commonwealth Blvd. |
Scenery: | Partially Treed Lot on US Highway |
Community: | Ridgewood Development District |
Recreation: | Karaoke and/or Live Entertainment Daily, Inside & Outside Venues. Cornhole Tournaments & Charity Events. |
General: | Frontage on US-1, 506 feet, features 2 entrances/exits and frontage on Commonwealth Blvd. provides 1 entrance/exit. Strategically located on a corner lot with high visibility & traffic count (US-1 Commonwealth to Dunlawton: 21,000 AADT; US-1 Nova to Commonwealth: 15,900 AADT; and Commonwealth Taylor to US-1: 14,800 AADT). Zoning is ''RD'' (document with list of approved development use is attached). Business financials are available to qualified buyers/investors with proof of funds, an acceptable offer and a signed NDA. |
Inclusions: | "Turn-Key" restaurant business with 2.38 acres of property, with a proven history of success and with additional -lease opportunities of other US 1 frontage detached commercial store fronts. Type 4COP+Package Liquor License, tenant lease income, business name, good will, signs, decor, furnishings & equipment with lease opportunities of US-1 frontage detached commercial store fronts and all of the land. |
Parking: | Abundant parking areas can accommodate approximately 200 vehicles or 2,000 motorcycles. |
Utilities: | Electricity, City Water/Sewer, Telephone, Cable, Internet |
- Intersection US-1 & Commonwealth Blvd.
- Corner Location – High Visibility!
- Main Building – Restaurant
- Restaurant North Entrance
- Restaurant South Entrance
- Restaurant Entrance Seating Area
- Restaurant Interior Seating
- Restaurant Interior Seating View 2
- Restaurant Interior Seating View 3
- Restaurant Retail Sales Area
- Restaurant Bar Area
- Restaurant Bar Area View 2
- Restaurant Pool Table Area
- Restaurant Pool Table Area View 2
- Updated Kitchen
- Updated Kitchen View 2
- Updated Kitchen View 3
- Kitchen Storage & Refrigeration
- Kitchen Refrigeration
- Kitchen Supply Area
- Kitchen Prep Area
- Prominent Corner Signage
- US-1 Signage
- Exterior Restrooms
- Exterior Deck to 2nd Floor
- Entrances to 2nd Floor
- 2nd Floor Office 1
- 2nd Floor Office 2
- Patio Seating Along US-1
- Parking Along Commwealth Blvd.
- Seating Area Northside of Restaurant
- View – Tiki Bar to Restaurant
- Exterior Walk-In Coolers
- Tiki Bar
- Tiki Bar Parking
- Tiki Service Bar
- Tiki Service Bar View 2
- Tiki Service Bar View 3
- Covered Outdoor Seating
- Covered Outdoor Seating View 2
- Covered Outdoor Seating View 3
- Tiki Service Bar 2
- Tiki Service Bar 2 Seating
- Tiki Service Bar 2 Seating View 2
- Gazebo Enclosed Bar
- Gazebo Enclosed Bar View 2
- US-1 to Parking Area 1
- Parking Area 2
- Parking Area 3
- Parking Area 4
- Parking Area 5
- Lease- Rental Space
- Lease- Rental Space View 2
- Storage Building
- Aerial View – East
- Aerial View – West
- Aerial View – Southeast
- Aerial View – Southwest
- Aerial View – Northwest