20737 Highway St Blountstown, FL 32424
For Sale
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This exceptional commercial property, located at 20737 E Central Avenue Unit 20737 in Blountstown, Florida, presents a unique investment opportunity. Situated on the busy State Road Hwy 20 in the heart of downtown, this 3,446 square foot building boasts a prime location with high visibility for attracting customers. Previously operating as a restaurant, the property is being offered as a turnkey operation, complete with all existing restaurant equipment. The spacious layout includes a substantial 28x17 foot kitchen, perfectly equipped for culinary endeavors. A large 23x51 foot dining area provides ample space for patrons, complemented by convenient storage areas and restrooms. While there is parking available directly in front of the building, the primary parking area, owned by the City of Blountstown, is situated at the rear. The property sits on a 0.06-acre lot. This ready-to-go commercial space is priced at $150,000 and represents an excellent chance to establish or relocate a thriving business in a vibrant downtown setting. The high-traffic location and existing restaurant equipment make this a truly compelling opportunity for entrepreneurs seeking a seamless transition into their new venture. Don't miss this chance to own a piece of Blountstown's bustling commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.