Commercial Building on US
616 N Main St Chiefland, FL 32626
616 N Main St, Chiefland, FL, 32626
$132,500
For Sale
$132,500
COMMERCIAL - Chiefland, FL
Property Size891 SF
Lot Size0.10 Acres
Price / SF$148.71
Days on Market86
Property Features for 616 N Main St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0078400000
- Size
- 891 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 36-11-14 0000.10 ACRE TRACT IN SE1/4 OF NE1/4 AKA LOT 17 AND NORTH 5 FT OF LOT 16 UNRECORDED PLAT OF DRUMMONDS ADD OR BOOK 1418 PAGE 624
- Tax Annual Amount
- 1268
Building Details
- Year built
- 1956
Listing agency
Hometown Realty of North Fl. Inc.
(352) 463-9001
Listed by
Stephanie Barron
(352) 535-7167
Added: Apr 28 Updated: Jun 8 at 4:33PM Checked: Jul 22 at 4:06AM
MLS# 799110
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 891-square-foot commercial building is positioned directly on US 19, offering highway frontage and daily visibility. The layout includes several individual rooms or office spaces along with one bathroom, making it adaptable for a variety of business uses. Existing window A/C units are in place. The multiple rooms could function as private offices, treatment rooms, or workstations, potentially fitting a hair salon, nail studio, barber shop, massage or spa services, tax office, insurance agency, boutique retail shop, or professional office space. With direct access and exposure from US 19, a business will benefit from traffic and location. Located in Chiefland, FL, this property offers road frontage. The lot size is 0.1 acres.
Key Highlights
- High‑visibility location directly on US 19 with excellent highway frontage.
- 891‑square‑foot commercial building suitable for various business uses.
- Adaptable layout with several individual rooms/office spaces and one bathroom.
Local Financial Insights For 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 | $14.4k | $16.20 |
| − Vacancy | −$938 | −$1.05 |
| EGI | $13.5k | $15.15 |
| − OpEx | −$4.0k | −$4.54 |
| NOI | $9.4k | $10.60 |
891 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$135.0K
$118.1K – $157.5K
NOI $9,447 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.7K
$193.1K – $257.5K
NOI $15,448 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Neverending Story
(Bike/Boat/Book/etc) Store
Paws And Claws
Animal Shelter
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FAQs
What type of property is this?
Retail space - 891 SF commercial building with highway frontage on US 19.
Where is this retail space located?
The property is located at 616 N Main St Chiefland, FL.
What is the asking price?
The asking price for this property is $132,500.
What are key features of this property?
This property features: High‑visibility location directly on US 19 with excellent highway frontage.; 891‑square‑foot commercial building suitable for various business uses.; Adaptable layout with several individual rooms/office spaces and one bathroom.
