Bar and Rental Income
For Sale
$1,299,000
3025 S US HIGHWAY 41, Dunnellon, FL 34432
Turnkey bar/nightclub with liquor/package included, plus two one-bedroom rentals and a 3-bedroom residence on a corner parcel.
Property Size5,451 SF
Lot Size4.11 Acres
Price / SF$238.30
Days on Market51
Property Features for 3025 S US HIGHWAY 41
General Information
Standard status
Active
Size
5,451 SF
Lot size
4.11 Acres
Property subtype
Mixed Use
Zoning
B2/A1
Additional Details
Business Included
Yes
Liquor License
Yes
Multifamily Units
2
Amenities
in-ground swimming pool
Building Details
Year Built
1973
Listing Agency:
HIERS REALTY GROUP LLC
(352) 529-7657
Listed By:
Dustin Hiers · License #3405602
(904) 687-7876
Source:
Endlesssummerrealty
Added: Jul 25
Changed: Sep 12
Last Checked: Sep 12 at 6:13AM
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 HIERS REALTY GROUP LLC
Investment Insights
Based on property information with market context.
This turnkey offering combines a 2,151-square-foot bar/nightclub with a liquor/package license and existing inventory. The property also includes two income-producing one-bedroom rental units and a 1,528-square-foot, 3-bedroom, 2-bath residence with an in-ground swimming pool.
The site sits on a highly visible 4.11-acre corner parcel with B2/A1 zoning. It is conveniently located a short drive from both Dunnellon and Ocala.
For buyers seeking a mixed-use setup, this configuration provides on-site entertainment space alongside residential income components, all offered as a single package.
The site sits on a highly visible 4.11-acre corner parcel with B2/A1 zoning. It is conveniently located a short drive from both Dunnellon and Ocala.
For buyers seeking a mixed-use setup, this configuration provides on-site entertainment space alongside residential income components, all offered as a single package.
Key Highlights
- Turnkey 2,151 SF bar/nightclub offered with a liquor/package license and existing inventory
- B2/A1 zoning on a highly visible 4.11‑acre corner parcel for flexibility of permitted uses
- Income‑producing rentals include two 1‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,738
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,714,760
$1.7M
Cap Rate 7%
$1,224,829
$1.2M
Cap Rate 9%
$952,644
$952.6K
Market Conditions
NOI Build-Up for 5,451 SF
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.
Gross rent
$119.7K $21.96/SF
− Vacancy
−$5.4K −$0.99/SF
EGI
$114.3K $20.97/SF
− OpEx
−$28.6K −$5.24/SF
NOI
$85.7K $15.73/SF
Area
Citrus County, FL
Vacancy
4.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,714,760
Cap Rate 7%
$1,224,829
Cap Rate 9%
$952,644
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,738 @ 7.0% cap · market cap 6.60%
Second Best
Multifamily LT 5
$710.9K
$622.0K – $829.4K
NOI $49,761 @ 7.0% cap · market cap 3.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34432, FL
13,159
Population
6,899
Households
1.9
Avg Household Size
58
Median Age
20%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
125
Density / Sq Mi
$47,711
Median Household Income
$30,240
Median Earnings
$1,077
Median Rent
$223,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Silver Moon Tavern — 3025 US-41, Dunnellon, FL 34432
Frequently Asked Questions
What type of property is this?
Night club - Turnkey bar/nightclub with liquor/package included, plus two one-bedroom rentals and a 3-bedroom residence on a corner parcel.
Where is this night club located?
The property is located at 3025 S US HIGHWAY 41 Dunnellon, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Turnkey 2,151 SF bar/nightclub offered with a liquor/package license and existing inventory; B2/A1 zoning on a highly visible 4.11‑acre corner parcel for flexibility of permitted uses; Income‑producing rentals include two 1‑bedroom units
