Former Saloon with Outdoor
2451 SE HIGHWAY 41, Morriston, FL 32668
Mixed Use - MORRISTON, FL
Type:Mixed Use
Property size:
2,320 SFLot size:
2.50 AcresPrice / SF:
$193/SF- Added:
- Nov 20, 2025
- Days on Market:
- 206
- Last Refresh:
- Jun 14 at 12:06 am
Property Features for 2451 SE HIGHWAY 41
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- A-RR
- Exterior features
- Paved
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 05288-003-00
- Size
- 2,320 SF
- Lot size
- 2.50 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3448.43
Utilities
- Heating system
- Central
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1960
- Flooring type
- Laminate, Linoleum, Tile
- Building materials
- Block, Concrete, Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Peggy Pittas License #0695605 (352) 484-0155
Listing office RE/MAX ALLSTARS REALTY 119 SE 1st Ave, Ocala, FL (352) 484-0155
Listing date Nov 20, 2025
MLS# OM713731
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2.5‑acre property on Hwy 41 with 650 ft frontage, including a 2,664‑sf former saloon/bar building
- Indoor bar setup with live entertainment stage plus game room/pool area, drink cooler, kitchenette, and seating areas
- Covered outdoor bar and covered outdoor stage with electrical for entertainment, with walk‑in coolers and shaded sit areas
- Includes additional outbuildings: huge pole barn, storage buildings, and laundry room
- RV‑friendly with 3 RV sites and a 4/2 mobile home on the property (mobile home needs much work)
- Central heating and a metal roof; block/concrete construction with metal siding; paved property and laminate/linoleum/tile flooring
Overview
This mixed-use sale opportunity features a former saloon/bar building with an indoor entertainment setup and multiple outdoor gathering areas. The 2,664-sf structure includes a live entertainment stage, game room/pool area, seating, a bar counter, drink cooler, and kitchenette. Outdoors, the property offers a covered outdoor bar, walk-in coolers, and a covered outdoor stage with electric for entertainment, along with additional seating areas under an oak tree. Additional improvements include a huge pole barn, storage buildings, and a laundry room.
Set on 2.5 acres with approximately 650 feet of frontage right on Highway 41, the property is positioned for high visibility. It is currently vacant, and photos show the building during prior operations. The location is also described as approximately 10 minutes to Williston, 15 minutes to HITS, and 24 minutes to The World Equestrian Center. Zoning is A-RR.
The existing bar and entertainment configuration makes the property a practical fit for an owner-operator looking to revive a hospitality concept, or for an investor seeking a distinctive turnkey platform. The sale notes that contents of the building do convey, while the 4/2 mobile home needs much work. With three RV sites and on-site support structures, the site can support a range of use ideas that build on the property’s established entertainment-oriented layout.
Set on 2.5 acres with approximately 650 feet of frontage right on Highway 41, the property is positioned for high visibility. It is currently vacant, and photos show the building during prior operations. The location is also described as approximately 10 minutes to Williston, 15 minutes to HITS, and 24 minutes to The World Equestrian Center. Zoning is A-RR.
The existing bar and entertainment configuration makes the property a practical fit for an owner-operator looking to revive a hospitality concept, or for an investor seeking a distinctive turnkey platform. The sale notes that contents of the building do convey, while the 4/2 mobile home needs much work. With three RV sites and on-site support structures, the site can support a range of use ideas that build on the property’s established entertainment-oriented layout.
Local Financial Insights For Specialty 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 | $39.0k | $16.80 |
| − Vacancy | −$2.1k | −$0.92 |
| EGI | $36.8k | $15.88 |
| − OpEx | −$9.2k | −$3.97 |
| NOI | $27.6k | $11.91 |
2,320 SF · lease $16.80/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$394.6K
$345.3K – $460.4K
NOI $27,624 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$292.0K
$255.5K – $340.6K
NOI $20,438 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$574.6K
$502.8K – $670.4K
NOI $40,223 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Morriston
- County
- Levy
- State
- Florida
- Longitude
- -82.4470509
- Latitude
- 29.2944027
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Freestanding bar and entertainment facility on Highway 41 with indoor and covered outdoor bar space, plus RV and mobile home amenities.
Where is this bar & pub located?
The property is located at 2451 SE HIGHWAY 41 Morriston, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2.5‑acre property on Hwy 41 with 650 ft frontage, including a 2,664‑sf former saloon/bar building; Indoor bar setup with live entertainment stage plus game room/pool area, drink cooler, kitchenette, and seating areas; Covered outdoor bar and covered outdoor stage with electrical for entertainment, with walk‑in coolers and shaded sit areas
