Automotive Shop with Spray
For Sale
$389,000
10 N MAIN STREET, Chiefland, FL 32626
C-1 and C-2 commercial zoning supports automotive, retail, office, and service-oriented uses subject to local regulations.
Property Size2,352 SF
Lot Size0.32 Acres
Price / SF$165.39
Days on Market50
Property Features for 10 N MAIN STREET
General Information
Standard status
Active
Size
2,352 SF
Lot size
0.32 Acres
Property subtype
Business
Zoning
C-1 and C-2
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Service Bays
4
Amenities
fenced rear yard
air-conditioned office
carport
automotive spray booth
Building Details
Year Built
1950
Buildings
1
Listing Agency:
UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
(352) 463-7770
Listed By:
Sarah Eastman · License #3552386
(352) 339-4812
Source:
Endlesssummerrealty
Added: Sep 3
Changed: Oct 21
Last Checked: Oct 20 at 9:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
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Investment Insights
Based on property information with market context.
This 2,880-square-foot automotive shop occupies approximately 0.32 acres at 10 N MAIN in Chiefland. The building contains four service bays, including a 12' x 24' semi-down-draft spray booth, plus two rear roll-up doors. An air-conditioned office and multi-use area provides space for administration, reception, storage, or additional work functions. The property also includes three bathrooms, with two currently functional, and a carport.
Shop infrastructure includes air and water lines throughout the building, with additional lines extending outdoors. The fenced rear yard offers outdoor operating space, while 100 foot of rear alley access and multiple access points support circulation. The property has 200 foot of road frontage and is served by city water and sewer.
C-1 and C-2 zoning allows a range of commercial applications, including automotive repair, paint operations, parts sales, offices, retail, restaurants, storage, and other uses subject to applicable city requirements. Included equipment consists of the spray booth and air compressors.
Shop infrastructure includes air and water lines throughout the building, with additional lines extending outdoors. The fenced rear yard offers outdoor operating space, while 100 foot of rear alley access and multiple access points support circulation. The property has 200 foot of road frontage and is served by city water and sewer.
C-1 and C-2 zoning allows a range of commercial applications, including automotive repair, paint operations, parts sales, offices, retail, restaurants, storage, and other uses subject to applicable city requirements. Included equipment consists of the spray booth and air compressors.
Key Highlights
- 2,880‑square‑foot building on approximately 0.32 acres
- Four service bays, including a 12' x 24' semi‑down‑draft spray booth
- 200 foot of road frontage and 100 foot of rear alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,938
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,760
$498.8K
Cap Rate 7%
$356,257
$356.3K
Cap Rate 9%
$277,089
$277.1K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$38.1K $16.20/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$35.6K $15.15/SF
− OpEx
−$10.7K −$4.54/SF
NOI
$24.9K $10.60/SF
Area
Levy County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,760
Cap Rate 7%
$356,257
Cap Rate 9%
$277,089
Alternative Uses
Best Use
Retail
$356.3K
$311.7K – $415.6K
NOI $24,938 @ 7.0% cap · market cap 6.41%
Second Best
Industrial
$227.9K
$199.4K – $265.9K
NOI $15,954 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$582.5K
$509.7K – $679.6K
NOI $40,778 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Service bays
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Home Improvements & Furnishings 9%
Beauty & Spa 8%
Marathon
Shops & Services
4,411 visits/mo
0.5 miles
Citgo
Shops & Services
2,862 visits/mo
0.3 miles
City Electric Supply
Home Improvements & Furnishings
762 visits/mo
0.1 miles
Merle Norman Cosmetic Studio
Beauty & Spa
709 visits/mo
0.1 miles
Demographics for 32626, FL
8,620
Population
4,358
Households
2
Avg Household Size
47
Median Age
13%
College-Educated
89%
High-School Grad
243.6 sq mi
ZIP Area
35
Density / Sq Mi
$49,643
Median Household Income
$34,057
Median Earnings
$844
Median Rent
$160,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Chiefland South Tire — 404 S Main St, Chiefland, FL 32626
- Jones Performance Cycles — 515 S Main St, Chiefland, FL 32626
- Action Pump Repair & Well Drilling — Chiefland, FL 32626
- One Stop Sales and Services LLC — 105 S Main St, Chiefland, FL 32626
- Knightly Towing Inc — 105 s n main st, chiefland, fl 32626
Frequently Asked Questions
What type of property is this?
Auto shop - C-1 and C-2 commercial zoning supports automotive, retail, office, and service-oriented uses subject to local regulations.
Where is this auto shop located?
The property is located at 10 N MAIN STREET Chiefland, FL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,880‑square‑foot building on approximately 0.32 acres; Four service bays, including a 12' x 24' semi‑down‑draft spray booth; 200 foot of road frontage and 100 foot of rear alley access
