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4-Bay Auto Repair Shop
For Sale
$389,000

10 N Main St, Chiefland, FL 32626

Commercial Sale, Chiefland, FL

Property Size2,880 SF
Lot Size0.32 Acres
Price / SF$135.07
Days on Market48

Property Features for 10 N Main St

General Information

Property type Commercial Sale
Property subtype Other
Lot features Floor Furnace
Directions FROM CHIEFLAND at the intersection of US Hwy 19/98 and US Hwy 129, head south on Hwy 19/98. Building will be located on the north west corner of the intersection US Hwy 19/98 and Park Ave.
Subdivision Levy
Standard status Active
APN 0699400000
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 36-11-14 CHIEFLAND BLK 20 LOTS 8 & 10 OR BOOK 967 PAGE 499 (CORR)
Tax Annual Amount 1858
Legal Description 36-11-14 CHIEFLAND BLK 20 LOTS 8 & 10 OR BOOK 967 PAGE 499 (CORR)

Amenities

airlines
water lines
air-conditioned office
bathrooms
carport
automotive spray booth
air compressors

Building Details

Year built 1950
Listing Agency: United Country Smith & Associates Chiefland
Listed By: Sarah Eastman
Added: Sep 2 Changed: Oct 6 Last Checked: Oct 19 at 9:06PM
MLS# 799867

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.

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Investment Insights

Based on property information with market context.

The 2,880-square-foot building is configured for automotive repair and painting, with four service bays and a 14' x 24' semi-down-draft spray booth. Two additional roll-up doors open at the rear. Air and water lines run through the shop, with extensions to the exterior. The property also includes an air-conditioned office or multi-use area, three bathrooms (two currently functional), a carport, and a fenced rear yard. City water and sewer serve the site, which spans approximately 0.32 acres.

C-1 and C-2 commercial zoning applies. The listing identifies automotive repair, paint shops, parts sales, retail, professional offices, restaurants, storage, and other commercial uses among the uses allowed under the applicable zoning provisions. The property has 200 foot of road frontage and 100 foot of rear alley access.

Key Highlights

  • 2,880‑square‑foot automotive shop on approximately 0.32 acres
  • Four service bays and a 14' x 24' semi‑down‑draft spray booth
  • Two rear roll‑up doors; air and water lines extend through the shop and to the exterior

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,536
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,720 $610.7K
Cap Rate 7%
$436,229 $436.2K
Cap Rate 9%
$339,289 $339.3K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$46.7K $16.20/SF
− Vacancy
−$3.0K −$1.05/SF
EGI
$43.6K $15.15/SF
− OpEx
−$13.1K −$4.54/SF
NOI
$30.5K $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%
$610,720
Cap Rate 7%
$436,229
Cap Rate 9%
$339,289

Alternative Uses

Best Use
Retail
$436.2K
$381.7K – $508.9K (±1% cap)
NOI $30,536 @ 7.0% cap · market cap 7.85%
Second Best
Industrial
$279.1K
$244.2K – $325.6K (±1% cap)
NOI $19,535 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$713.3K
$624.2K – $832.2K (±1% cap)
NOI $49,932 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Iglesia Evangélica El ... Church

Suggested Use

Top Pick Electrical Service Real Estate Agency Locksmith Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

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 - Shop infrastructure includes a spray booth, air compressors, and an air-conditioned office area.
Where is this auto shop located?
The property is located at 10 N Main St 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 automotive shop on approximately 0.32 acres; Four service bays and a 14' x 24' semi‑down‑draft spray booth; Two rear roll‑up doors; air and water lines extend through the shop and to the exterior
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