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Income Producing Commercial Property!

The historic Thomas Dowling House is one of the oldest homes in this picturesque area of north Florida around the famed "Suwannee River." Conventient to I-10 and I-75, it is a prime commercial location unlike any others in the area. It was operated as a community center and restaurant for several years, but health issues forced the original proprietors to cease operations. In response to the high demand in the community for a return of the original type of restaurant, 1st floor tenants are in place and reopening the restaurant, so the property begins generating income immediately!

Restored over a period of several years by a charitable group, the house was brought back from the brink of destruction to modern commercial building code, with major components replaced: roof, HVAC, foundation, wiring, plumbing. First floor is completely restored, handicapped accessible, and has served as the restaurant. Second floor is nearly complete, and is perfect for rentable offices, conference space or additional dining. Most of the furniture, equipment, and decor are also available, including a myriad of antiques.

The house sits on a corner lot that is nearly an acre, with century-old plantings, walkways, goldfish pond, and carriage house. The main building is a traditional four square design with center hallway and stairwell, with commercial kitchen and prep space in the rear. It also has a large wrap-around columned porch and screened porch that overlooks the gardens. It borders the east end of the historic district, which is undergoing exciting, master-planned improvements, but the property is not bound by any historical covenants or restrictions. The house is recognized by the State of Florida as an historic building, and may be eligible for listing on the National Register.

Proprietors are extremely motivated to sell, and are willing to hold owner financing for the right buyer who will preserve this building for the next generation.