Restaurant, Bar & Grocery
101 E MAIN STREET Dundee, FL 33838
101 E MAIN STREET, Dundee, FL, 33838
$899,000
For Sale
$899,000
Fully renovated restaurant, bar, and grocery property with an included building and an adjacent vacant lot.
Property Size3,906 SF
Price / SF$230.16
Days on Market518
Property Features for 101 E MAIN STREET
General Information
- Standard status
- Active
- Size
- 3,906 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1920
Listing agency
TRUST REALTY CORPORATION
(321) 303-4544
Listed by
Chalo Serrano · License #3187080
(321) 303-4544
Source
Exitrealty
Added: Feb 19, 2025 Updated: Jul 21 at 10:01PM Checked: Jul 21 at 10:01PM
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 TRUST REALTY CORPORATION
Investment Insights
Based on property information with market context.
This offering combines a fully renovated restaurant, bar, and grocery store operation in a single building, presented with modernized interiors and upgraded exterior improvements. The property is described as recently renovated in and out and fully equipped, positioning it for immediate continuity of use.
The asset is presented for sale as an assets sale and includes the building along with an adjacent vacant lot. The additional lot provides room to consider expansion or other development options, subject to applicable approvals.
The building is sized at 3,906 square feet, and the overall offering includes both the improvements and the nearby vacant land parcel.
The asset is presented for sale as an assets sale and includes the building along with an adjacent vacant lot. The additional lot provides room to consider expansion or other development options, subject to applicable approvals.
The building is sized at 3,906 square feet, and the overall offering includes both the improvements and the nearby vacant land parcel.
Key Highlights
- 3,906 SF building built in 1920 included with the restaurant, bar, and grocery business assets sale
- Recently renovated in and out with upgraded interiors and exterior as stated in the remarks
- Fully equipped restaurant, bar, and grocery store included
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 | $72.7k | $18.60 |
| − Vacancy | −$4.9k | −$1.26 |
| EGI | $67.7k | $17.34 |
| − OpEx | −$16.9k | −$4.33 |
| NOI | $50.8k | $13.00 |
3,906 SF · lease $18.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$725.5K
$634.8K – $846.4K
NOI $50,783 @ 7.0% cap · market cap 5.65%
Second Best
Retail
$626.6K
$548.3K – $731.1K
NOI $43,864 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$938.6K
$821.3K – $1.10M
NOI $65,705 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manny’s Bar - Latin ...
Restaurant
Manny’s Bar & Kitchen ...
Bar & Pub
U-Haul Neighborhood Dealer
Car Rental Facility
Hacienda Manny's Restaurant
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Fully renovated restaurant, bar, and grocery property with an included building and an adjacent vacant lot.
Where is this conventional restaurant located?
The property is located at 101 E MAIN STREET Dundee, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,906 SF building built in 1920 included with the restaurant, bar, and grocery business assets sale; Recently renovated in and out with upgraded interiors and exterior as stated in the remarks; Fully equipped restaurant, bar, and grocery store included
