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    Renovated Commercial Building in Perry Title is generated by Realmo AI

    110 E Main Street, Perry, FL 32347

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    Picture of Storefront properties at 110 E Main Street, Perry, FL
    For Sale
    $180,000

    COMMERCIAL - Perry, FL

    Property size:
    3,120 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $57/SF
    Added:
    May 23, 2026
    Days on Market:
    4
    Last Refresh:
    May 26 at 3:06 pm

    Property Features for 110 E Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Com
    Standard status
    Active
    APN
    03852-000
    Size
    3,120 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    110 E Main St.
    Tax Annual Amount
    772

    Building Details

    Year built
    1945

    We can help!

    Listing Contact
    Jason Stanley
    Jason Stanley

    Listing agent Jason Stanley License #3510267

    Listing office Century 21 Avenues Real Estate Partners 300-A W. Jackson St., Thomasville, FL

    Listing date May 23, 2026

    MLS# 153782

    Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location directly on the historic downtown Perry courthouse square.
    • Versatile commercial building suitable for retail, hospitality, restaurant, entertainment, or professional office use.
    • Recently renovated with modern upgrades including new ceramic tile flooring, spray foam insulation, updated electrical panel and wiring, and new light fixtures and ceiling fans.
    • Opportunity to create approximately 5,700 square feet of contiguous commercial space by combining with neighboring property at 108 Main St.
    • Existing plumbing in place for the addition of a second restroom, break room, or kitchen area.
    • Part of a larger investment portfolio opportunity including eight additional commercial and residential properties.

    Overview

    Located directly on the courthouse square in historic downtown Perry, this renovated 1945 commercial building offers vintage appeal with modern upgrades. The property, formerly operated as an arcade, is suitable for retail, hospitality, restaurant, entertainment, or professional office use. The interior features new ceramic tile flooring, spray foam insulation, updated electrical panel and wiring, plus new light fixtures and ceiling fans. The building offers one bathroom, with existing plumbing for a second restroom, break room, or kitchen area. The property is connected to neighboring 108 Main St. and the combined properties could provide approximately 5,700 square feet of contiguous commercial space. Situated in the heart of Perry's historic courthouse district, this property offers exposure and walkability surrounded by shopping, dining, and community events. The building is also available as part of a larger investment portfolio. The property has a lot size of 0.08 acres and a property size of 3,120 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Perrydise Retro Arcade & Gaming Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Christopher's Creative Designs — 114 S Byron Butler Pkwy, Perry, FL 32347
    • Zeiglers Florist — 402 N Jefferson St, Perry, FL 32347
    • Rain Train Stop Flower Shop Floral Designs Perry Florida — 300 S Jefferson St, Perry, FL 32347

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.5816091
    Latitude
    30.1181664

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    FAQs

    What type of property is this?
    Storefront property - Versatile 3,120 sqft commercial building in historic downtown Perry.
    Where is this storefront property located?
    The property is located at 110 E Main Street Perry, FL.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Prime location directly on the historic downtown Perry courthouse square.; Versatile commercial building suitable for retail, hospitality, restaurant, entertainment, or professional office use.; Recently renovated with modern upgrades including new ceramic tile flooring, spray foam insulation, updated electrical panel and wiring, and new light fixtures and ceiling fans.
    (229) 403-9745
    We can help!
    Listing Contact
    Jason Stanley
    Jason Stanley
    Real Estate License ID: 3510267
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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