14705 Main StGretna, FL 32332

Property Details for 14705 Main St

Year built

1951

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.34 AC

Property size (Sq ft)

1,826 SF

Property type

Turn key restaurants

APN

2-32-3N-4W-0430-00063-0031

APU

2323N4W0430000630031

Description

This exceptional 3,619 square foot commercial property, situated on a 0.34-acre lot at 14705 Main St Unit 1, Gretna, FL, presents a unique investment opportunity. The building is meticulously maintained and offers a versatile layout ideal for a diverse range of businesses. One section is fully equipped and ready for immediate restaurant operation, featuring ample space for dining and kitchen functions. Adjacent to this is a fully functional bar, complete with a dedicated private room suitable for private events or additional revenue streams. Beyond the hospitality components, the property includes several office spaces, providing flexibility for administrative needs or potential rental income to local businesses. The property's prime location in Gretna, FL, ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a turn-key operation or investors looking for a strong return. The asking price is $375,000. This is a rare opportunity to acquire a well-established and versatile commercial property with significant upside potential in a thriving community. The existing infrastructure and layout minimize start-up costs and allow for immediate occupancy and revenue generation. The combination of restaurant, bar, and office spaces provides a unique and adaptable space for a variety of business models. Don't miss this chance to own a piece of Gretna's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $318,729

  6.5%

  $294,211

  7%

  $273,196

• Comparable approach

  Method

  Valuation

  Relative Method

  $327,122

  Geo Method

  $327,122

• Alternative Use

  Use

  Valuation

  Residential

  $248,178

  Hospitality

  $227,330

  Educational

  $189,136

  Medical

  $195,641

  Retail

  $294,211

Location Insight

City

Gretna

County

Gadsden

State

Florida

Latitude

30.6176

Longitude

-84.6625

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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