David Ramirez
Restaurant

Commercial Lease · Restaurant

$48,000$60,0002,000 sq ft$24 /sq ft0.1 acres

24 E MAGNOLIA AVENUE UNIT 5, EUSTIS, FL, 32726

Active460 days on marketListed Apr 19, 2025MLS #G5096024

About this property

The property at a glance

Eustis Market Food Court – Lease Rate $4,000 per month & quarterly $250 CAM Eustis Market is looking for an anchor tenant in the shared market food court - Brew Pubs, Tap-room, Local Brewery or Vintners – Lease Offering Opportunity is for a very attractive turn-key 1,000+/- SF space available with a custom bar and all F, F, & E plus additional 1,000+/- sf w/ 3 private offices, restroom, and storage. Landlord is willing to transfer food and wine license. The charming "Eustis Market" is a collection of local vendors offering an exceptional local taste of Eustis and Central Florida. "Eustis Market" in the heart of historic downtown Eustis and just one block from Ferran Park on Lake Eustis and the Harris Chain of Lakes. You will find the unique lakefront city of Eustis is a quiet and charming town with a vibrant community. It sits alongside beautiful and pristine Lake Eustis and is known as 'America's Hometown.' The downtown area offers a variety of unique and busy establishments, amenities, and shopping. Please do not disturb current tenant. Space can be available in 30 days for new anchor. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. We have a place for you! Easy to see, call for an appointment.

2,000

Building sq ft

$24

Price / sq ft

0.1

Lot acres

1955

Year built

1

Building

CBD

Zoning

Restaurant

Property type

Building size2,000 sq ft
Lot size0.1 acres
Year built1955
Buildings1
ZoningCBD
ConstructionBlock
CoolingCentral Air
HeatingCentral Building · Electric
Annual taxes$3,156

The numbers

Investment snapshot

Net, Other

Lease structure

3 to 5 Years

Lease term

Estimated payment (illustrative)

Down payment25% · $12,000
Interest rate6.00%
Loan term

Estimated payment

$639/mo

Principal & interest$216
Property taxes (actual bill)$263
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

12,750vehicles / day · 2025Sr-19 · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

The Crooked ForkRestaurant0 mi
Pinesmoke Bee co.Restaurant0.1 mi
El Marie Pizzeria and SubsRestaurant0.1 mi
A Wish Or Two AgoGrocery0.3 mi
Budget InnLodging0.6 mi
GateGrocery0.8 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

4,304

Population

$52,272

Median income

32

Median age

3

Avg household

$171,966

Median home value

$1,077/mo

Median rent

618

Households w/ kids

Consumer profile

Local EngagementTop 7%

These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.

BookishTop 8%

Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.

Deal SeekersTop 15%

These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.

Hops & BrewsTop 16%

Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.

Film LoversTop 16%

Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.

Engine EnthusiastTop 16%

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Recent sales

What actually sold near 24 E MAGNOLIA AVENUE UNIT 5

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

17195 US HIGHWAY 441 HIGHWAY UNIT 108

$29,400

17195 US HIGHWAY 441 HIGHWAY UNIT 108

1,400 sqft · $21/sqft · Sold Sep 23, 2024

17195 US HIGHWAY 441

$75,000

17195 US HIGHWAY 441

Sold May 1, 2026

3725 W OLD US HIGHWAY 441

$850,000

3725 W OLD US HIGHWAY 441

5,806 sqft · $146/sqft · Sold Jul 23, 2025

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 24 E MAGNOLIA AVENUE UNIT 5 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 24 E MAGNOLIA AVENUE UNIT 5.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Keep looking

Similar properties nearby

Listing courtesy of GRIZZARD COMMERCIAL REALESTATE · Daniel Tatro. MLS #G5096024.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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