Corner Mixed-Use
For Sale
Contact for pricing
195 E Main St, Bartow, FL 33830
Commercially zoned property combining restaurant potential with second-floor office space in downtown Bartow.
Property Size2,520 SF
Price / SF$436.51
Days on Market792
Property Features for 195 E Main St
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Retail
Zoning
Commercial
Investment Type
Net Lease
Net Operating Income
$55,000
Building Details
Year Renovated
2012
Buildings
1
Stories
2
Building Size
2,520 SF
Abandoned
No
Listing Agency:
Dalton Wade Real Estate Group
Listed By:
Jose Reynoso · License #SL3032029
Source:
Crexi
Added: Aug 16, 2024
Changed: Oct 9
Last Checked: Oct 16 at 8:43AM
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 Dalton Wade Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,520-square-foot mixed-use property occupies a corner lot in downtown Bartow and is zoned Commercial. The building includes a restaurant-oriented first-floor layout and a second floor currently configured as office space. The upper level may be converted into two apartments, creating additional flexibility within the existing structure.
The property is located at 195 E Main St, near shops and County offices in central Bartow. Its downtown setting places the building within walking distance of local commercial and civic activity. An outdoor area is also available for potential patio use, subject to applicable approvals.
The property is located at 195 E Main St, near shops and County offices in central Bartow. Its downtown setting places the building within walking distance of local commercial and civic activity. An outdoor area is also available for potential patio use, subject to applicable approvals.
Key Highlights
- 2,520‑square‑foot mixed‑use building on a corner lot
- Commercial zoning supports a range of business‑oriented uses
- First floor configured for restaurant use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,764
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,280
$655.3K
Cap Rate 7%
$468,057
$468.1K
Cap Rate 9%
$364,044
$364.0K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$46.9K $18.60/SF
− Vacancy
−$3.2K −$1.26/SF
EGI
$43.7K $17.34/SF
− OpEx
−$10.9K −$4.33/SF
NOI
$32.8K $13.00/SF
Area
Polk County, FL
Vacancy
6.80%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,280
Cap Rate 7%
$468,057
Cap Rate 9%
$364,044
Alternative Uses
Best Use
Specialty Retail
$468.1K
$409.6K – $546.1K
NOI $32,764 @ 7.0% cap · market cap 2.98%
Second Best
Mixed Use
$405.4K
$354.7K – $473.0K
NOI $28,378 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$605.6K
$529.9K – $706.5K
NOI $42,390 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
209k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 27%
Groceries 24%
Dining 21%
Home Improvements & Furnishings 17%
Publix
Groceries
50,650 visits/mo
0.5 miles
Lowe's
Home Improvements & Furnishings
35,402 visits/mo
0.5 miles
Five Below
Shops & Services
23,484 visits/mo
0.5 miles
Bealls
Apparel
23,045 visits/mo
0.5 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
18,185 visits/mo
0.3 miles
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property combining restaurant potential with second-floor office space in downtown Bartow.
Where is this mixed-use property located?
The property is located at 195 E Main St Bartow, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,520‑square‑foot mixed‑use building on a corner lot; Commercial zoning supports a range of business‑oriented uses; First floor configured for restaurant use
