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Property profile & analytics
FOR SALE
Turn key restaurants

20737 Highway St Blountstown, FL 32424

3,446 SF 0.08 ac lot Built 1940
Individually Owned 9-yr Hold Free & Clear
Property ID
US18-5007169
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction WOOD
Total area 3,446 SF
Lot 0.08 ac (3,539 SF)
APN 33-1N-08-1200-0003-0506
UPID US18-5007169
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Connie Clayton · 9 yrs held
Connie Clayton
since 2017
3 recorded transactions
2017
Price N/A
2017
$160,000
2009
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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