15 Market BlvdWebster, FL 33597

Property Details for 15 Market Blvd

Year built

1944

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.55 AC

Property size (Sq ft)

2,040 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

T06A090

APU

T06A090

Description

This exceptional 3,000-square-foot commercial property, situated on a 0.55-acre lot at 15 S Market Boulevard in historic Webster, Florida, presents a unique investment opportunity. Built in 1944, the building currently operates as a successful antique store featuring over 25 established vendors, generating consistent income. The main level boasts a spacious showroom ideal for retail, with high ceilings and rustic charm. Its prime location ensures high visibility and convenient access, attracting substantial foot traffic throughout the year. Adding to its appeal is a 2-bedroom, 1-bathroom apartment on the upper level, offering potential for renovation and use as an owner's residence, rental unit, or additional retail/storage space. Ample parking is available, ensuring customer convenience. This property offers a blend of historical character and modern commercial viability, making it an attractive proposition for a variety of business ventures. The possibilities are vast, whether continuing the existing antique store or adapting the space to a new concept. This is a chance to own a piece of Webster's rich history and establish a thriving business in a desirable location. The asking price is $349,000.

• CAP approach

  CAP return

  Valuation

  6%

  $739,314

  6.5%

  $682,443

  7%

  $633,697

• Comparable approach

  Method

  Valuation

  Relative Method

  $648,219

  Geo Method

  $496,529

• Alternative Use

  Use

  Valuation

  Residential

  $682,443

  Hospitality

  $625,114

  Educational

  $520,088

  Medical

  $537,974

  Retail

  $809,026

Location Insight

City

Webster

County

Sumter

State

Florida

Latitude

28.6097

Longitude

-82.0542

CBSA code

45540

CBSA name

THE VILLAGES, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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