Brooksville Storefront with Business Included

1340 Howell Ave Brooksville, FL 34601

Claim this Listing
For Sale
$369,900

2,000 SF storefront on corner lot, includes existing business.

Property size:
2,000 SF
Lot size:
0.20 Acres
Price / SF:
$184/SF
Added:
Apr 22, 2025
Days on Market:
448
Last Refresh:
Jun 30 at 6:06 am

Property Features for 1340 Howell Ave

General Information

Standard status
Active
Size
2,000 SF
Lot size
0.20 Acres

Listing office Home-Land Real Estate Inc

Listing date Apr 22, 2025

Source Exprealty

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 Home-Land Real Estate Inc


Investment Insights

Based on property information with market context.

This 2,000 square foot building is located on Howell Ave in Brooksville, FL, just outside the city limits. The property is zoned C1 and features two new AC units installed in 2025. A powered marque is present on-site. The corner lot includes a fenced backyard and six parking spaces, with the potential for additional spaces. The building currently has one bathroom, but a second bathroom can be reinstalled. It is connected to county water and uses a septic system. The location is near Hernando High School and approximately 2 minutes from downtown Brooksville. Currently operating as a variety store, the sale includes the business and its contents. The building is suitable for various businesses, such as a title company, accounting office, real estate office, law office, counselor, roofing company, pest control company, hair salon, smoke shop, antique store, boutique, or florist. The space can also accommodate multiple businesses, allowing for shared occupancy. The roof was installed in 2008. The property is not in a flood zone and offers visibility and accessibility due to its corner lot location.

Key Highlights

  • Prime corner lot location with high visibility and easy access.
  • Includes existing Variety Store business and contents, providing immediate income potential.
  • Zoned C1, suitable for a wide range of businesses, offering flexibility and investment potential.

Local Financial Insights For 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 $30.0k $15.00
− Vacancy −$2.0k −$0.98
EGI $28.1k $14.03
− OpEx −$8.4k −$4.21
NOI $19.6k $9.82
2,000 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$280.5K
$245.4K – $327.3K (±1% cap)
NOI $19,635 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.6K
$398.6K – $531.5K (±1% cap)
NOI $31,891 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Parking Lot & Garage Building Supply Kitchen & Bath Showroom Gym & Fitness Center Storage Facility (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Enchanted Design and Floral — 103 S Saxon Ave, Brooksville, FL 34601
  • Succulent City — 350 Ponce De Leon Blvd, Brooksville, FL 34601
  • Westover's Flowers & Events — 510 E Liberty St, Brooksville, FL 34601
  • Allen's Florist — 277 W Jefferson St, Brooksville, FL 34601

FAQs

What type of property is this?
Storefront property - 2,000 SF storefront on corner lot, includes existing business.
Where is this storefront property located?
The property is located at 1340 Howell Ave Brooksville, FL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Prime corner lot location with high visibility and easy access.; Includes existing Variety Store business and contents, providing immediate income potential.; Zoned C1, suitable for a wide range of businesses, offering flexibility and investment potential.
Contact an agent
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