4 Main StChiefland, FL 32626

Property Details for 4 Main St

Year built

1935

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.03 AC

Property size (Sq ft)

784 SF

Property type

Retail properties

Property subtype

Retail space

APN

069970020A

APU

069970020A

Description

This versatile 784-square-foot commercial property at 4 Main St, Chiefland, FL 32626, presents a unique investment opportunity. Built in 1935, the building is ideally situated on Hwy 19, benefiting from high traffic counts within a thriving business complex. The open floor plan is complemented by a separate central area including a bathroom, and a rear room with its own exterior exit. This adaptable space is suitable for a variety of uses, including daycare, religious services, storefront retail, executive offices, or a salon/barbershop. The asking price is $49,900, and the sale is cash only, as-is. The property's legal description is 36-11-14 CHIEFLAND BLK 21 S 13.70 FT OF N 34.5 FT OF LOT 2 OR BOOK 1602 PAGE 364. This presents a strong value proposition for entrepreneurs seeking to establish a new business or expand an existing portfolio. The property's location within a busy commercial area ensures high visibility and accessibility, making it an attractive option for a range of commercial ventures. The existing layout offers flexibility for customization to meet specific business needs. Don't miss this chance to acquire a well-located, affordable commercial space in a growing Florida market.

• CAP approach

  CAP return

  Valuation

  6%

  $248,878

  6.5%

  $229,734

  7%

  $213,324

• Comparable approach

  Method

  Valuation

  Relative Method

  $134,366

  Geo Method

  $134,366

• Alternative Use

  Use

  Valuation

  Residential

  $193,789

  Hospitality

  $177,510

  Educational

  $147,686

  Medical

  $152,765

  Retail

  $229,734

Location Insight

City

Chiefland

County

Levy

State

Florida

Latitude

29.4785

Longitude

-82.86

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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