Historic Sumterville Mixed-Use
800 S US 301 Sumterville, FL 33585
800 S US 301, Sumterville, FL, 33585
$259,900
Pending
For Sale
$259,900
Pending
Mixed Use - SUMTERVILLE, FL
Property Size950 SF
Lot Size0.76 Acres
Days on Market108
Property Features for 800 S US 301
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- MIXED USE
- Security features
- Smoke Detector(s)
- Exterior features
- Corner Lot, Paved
- Standard status
- Pending
- APN
- J13B086
- Size
- 950 SF
- Lot size
- 0.76 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1751.29
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1927
- Flooring type
- Concrete
- Building materials
- Block, Concrete
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
SELLSTATE NEXT GENERATION REALTY
(352) 387-2383
1720 SE 16th Ave, Ocala, FL
Listed by
James Gallagher · License #3064836
(727) 207-0993
Added: Apr 1 Checked: Jul 17 at 12:06 am
MLS# OM721700
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.
Investment Insights
Based on property information with market context.
This mixed-use property, located at 800 US 301 in Sumterville, Florida, presents an opportunity to own a piece of local history. The 0.76-acre lot, situated across the street from the Sumterville Community Building and Park, was the Sumter County Courthouse in the early 1900s before the courthouse was moved to Bushnell. The concrete block building, with 950 square feet of space, has operated as a restaurant for the past 50 years. The property includes restaurant equipment. Additionally, there is a small one-bedroom, one-bath structure on the property that can be used during renovations. The property is located on a city block and benefits from high daily traffic volume. This historic location offers an amazing business opportunity.
Key Highlights
- High‑traffic location on US 301, ideal for business visibility.
- Historic significance as the former Sumter County Courthouse.
- Established restaurant location for 50 years.
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 | $17.1k | $18.00 |
| − Vacancy | −$1.1k | −$1.17 |
| EGI | $16.0k | $16.83 |
| − OpEx | −$4.0k | −$4.21 |
| NOI | $12.0k | $12.62 |
950 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$171.3K
$149.9K – $199.9K
NOI $11,991 @ 7.0% cap · market cap 4.61%
Second Best
Mixed Use
$143.3K
$125.4K – $167.2K
NOI $10,032 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$272.0K
$238.0K – $317.3K
NOI $19,038 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with restaurant potential in historic Sumterville location.
Where is this mixed-use property located?
The property is located at 800 S US 301 Sumterville, FL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: High‑traffic location on US 301, ideal for business visibility.; Historic significance as the former Sumter County Courthouse.; Established restaurant location for 50 years.
