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    73 SE 228 St Suwannee, FL 32692

    For Sale
    $679,000

    Established waterfront convenience store with endless potential in Suwannee, Florida.

    Lot size:
    0.26 Acres

    Property Features for 73 SE 228 St

    General Information

    Lot size
    0.26 Acres

    Building Details

    Year built
    1970

    Source: WATSON REALTY CORP- TIOGA Agent Kristi Crane

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Convenience Store For Sale

    This commercial property in Suwannee, Florida, presents a rare investment opportunity. For over 50 years, a waterfront grocery store has been a cornerstone of the Suwannee community, providing locals and visitors with essential goods, groceries, hardware, ice, bait, tackle, and Boars Head meats. Accessible by both boat and land, this well-established business has served as a one-stop shop for fishermen, boaters, residents, and visitors. The property includes two lots and the existing structure has withstood recent hurricanes with minimal damage. This property offers endless potential in a high-demand area. It is one of the few commercial properties available in Suwannee, located in a fishing hotspot.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Suwannee
    County
    Dixie
    State
    Florida
    Longitude
    -82.7909
    Latitude
    29.6251

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    FAQs

    What type of property is this?
    Grocery and convenience store - Established waterfront convenience store with endless potential in Suwannee, Florida.
    Where is this grocery and convenience store located?
    The property is located at 73 SE 228 St Suwannee, FL.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - Prime waterfront location accessible by both boat and land.; - Well-established business with a 50+ year history in the community.; - Rare commercial opportunity as one of the few available properties in Suwannee.
    (352) 538-2882
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    Suwannee, FL 32692
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    73 SE 228 St Suwannee, FL 32692
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