Former Saloon on Highway
2451 SE HIGHWAY 41, Morriston, FL 32668
Mixed Use - MORRISTON, FL
Type:Mixed Use
Property size:
2,320 SFLot size:
2.50 AcresPrice / SF:
$193/SF- Added:
- Nov 20, 2025
- Days on Market:
- 192
- Last Refresh:
- May 31 at 9:06 pm
Property Features for 2451 SE HIGHWAY 41
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- A-RR
- Exterior features
- Paved
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 05288-003-00
- Size
- 2,320 SF
- Lot size
- 2.50 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3448.43
Utilities
- Heating system
- Central
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1960
- Flooring type
- Laminate, Linoleum, Tile
- Building materials
- Block, Concrete, Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Peggy Pittas License #0695605 (352) 484-0155
Listing office RE/MAX ALLSTARS REALTY 119 SE 1st Ave, Ocala, FL (352) 484-0155
Listing date Nov 20, 2025
MLS# OM713731
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑visibility location with 650 feet of frontage on HWY 41, offering significant traffic and exposure.
- Includes a 2,664‑sf building formerly used as a saloon/bar, featuring a live entertainment stage, game room, bar, kitchenette, and seating areas; contents convey.
- Features both indoor and covered outdoor bar areas, including walk‑in coolers and an outdoor stage with electrical setup.
- Property spans 2.5 acres and includes a 4/2 mobile home, pole barn, storage buildings, laundry room, and 3 RV sites.
- Conveniently located: 24 minutes to The World Equestrian Center, 15 minutes to HITS, and 10 minutes to Williston.
- Unique opportunity for owner‑occupied business or investment, previously a longstanding business with a loyal customer base.
Overview
Located on Highway 41, this 2.5-acre property formerly operated as the Sunray Saloon. The site includes an indoor and outdoor bar, a 4/2 mobile home, and additional outbuildings. With 650 feet of frontage on Highway 41, the property offers high visibility and traffic count. The location is 24 minutes from The World Equestrian Center, 15 minutes from HITS, and 10 minutes from Williston. The 2,664-square-foot building features a live entertainment stage, a game room/pool area, a sit-at bar counter, a drink cooler, a kitchenette, and seating areas. Additional features include a covered outdoor bar and walk-in coolers, a covered outdoor stage with electrical setup for entertainment, sitting areas under an oak tree, a huge pole barn, storage buildings, a laundry room, and three RV sites. The property had been a longstanding business with a loyal customer base, but is currently closed. The contents of the building convey with the sale. The mobile home needs much work. The zoning is A-RR.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $16.80 |
| − Vacancy | −$2.1k | −$0.92 |
| EGI | $36.8k | $15.88 |
| − OpEx | −$9.2k | −$3.97 |
| NOI | $27.6k | $11.91 |
2,320 SF · lease $16.80/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$394.6K
$345.3K – $460.4K
NOI $27,624 @ 7.0% cap · market cap 6.14%
Second Best
Retail
$351.4K
$307.5K – $410.0K
NOI $24,599 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$574.6K
$502.8K – $670.4K
NOI $40,223 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Morriston
- County
- Levy
- State
- Florida
- Longitude
- -82.4470509
- Latitude
- 29.2944027
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - 2.5 acres with indoor/outdoor bar, mobile home, outbuildings.
Where is this bar & pub located?
The property is located at 2451 SE HIGHWAY 41 Morriston, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: High‑visibility location with 650 feet of frontage on HWY 41, offering significant traffic and exposure.; Includes a 2,664‑sf building formerly used as a saloon/bar, featuring a live entertainment stage, game room, bar, kitchenette, and seating areas; contents convey.; Features both indoor and covered outdoor bar areas, including walk‑in coolers and an outdoor stage with electrical setup.
