307/309 State Road 26Melrose, FL 32666

Property Details for 307/309 State Road 26

Lot size

0.76 AC

Property size (Sq ft)

5,664 SF

Property type

Land

Property subtype

Hospitality properties

Description

This exceptional commercial property, listed at $999,999, presents a unique investment opportunity in Melrose, Florida. The property encompasses two attractive buildings totaling 5,664 square feet on a 0.76-acre lot, situated directly on Highway 26, a major thoroughfare connecting Gainesville and Putnam Hall. The main building, "The Studios of Melrose," features eleven mixed-use offices currently occupied by a diverse range of tenants, including healthcare providers and artists. This building showcases a historic Victorian four-square design, characteristic of Melrose's architecture. The property also includes a fully licensed, fifty-seat restaurant with both indoor and outdoor dining areas. The kitchen underwent a complete renovation in 2021, boasting largely brand-new equipment. The property further boasts both indoor and outdoor stages, regularly hosting musical performances and showcasing local artists' work. This versatile space functions as a restaurant, art gallery, and community hub, offering a unique blend of commercial uses. The property is zoned for mixed use and has an occupancy date of April 9, 2024. The APN is 18-09-23-5670-0000-0610. This is a rare chance to acquire a thriving, established business with significant potential for growth in a desirable location.

Location Insight

City

Melrose

County

Putnam

State

Florida

Latitude

29.709

Longitude

-82.0472

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