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Storefront Retail Building with Canopy

306 S MAIN Street, Chiefland, FL 32626

For Sale
$225,000

Commercial Sale, CHIEFLAND, FL

Property Size1,288 SF
Lot Size0.34 Acres
Price / SF$174.69
Days on Market51

Property Features for 306 S MAIN Street

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision CHIEFLAND DEV CO
Directions Located on S Main Street/US Highway 19 in Chiefland, just south of the intersection of US Highway 19 and State Road 24. Property is on the east side of S Main Street.
Standard status Active
APN 07138-000-00
Size 1,288 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 36-11-14 CHIEFLAND DEV CO BLK 31 LOTS 2 & 4 OR BOOK 1455 PAGE 732
Tax Annual Amount 2274
Legal Description 36-11-14 CHIEFLAND DEV CO BLK 31 LOTS 2 & 4 OR BOOK 1455 PAGE 732

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Water source Public

Amenities

walk-in cooler
freezer
12-ft roll-up door
paved parking
fully fenced
covered canopy area

Building Details

Year built 1960
Building materials Concrete
Roof type Built-Up
Listing Agency: COLDWELL BANKER M.M. PARRISH REALTORS · Coldwell Banker Real Estate
Listed By: Shasta Schoellhorn · License #3484708
Added: Sep 18 Changed: Oct 7 Last Checked: Nov 7 at 5:06AM
MLS# GC543474

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,288-square-foot storefront retail property in Chiefland occupies a 0.34-acre parcel and was built in 1960. The concrete building includes a covered canopy, paved parking, full perimeter fencing, and a new 12-foot roll-up door. Existing retail improvements include a walk-in cooler and freezer, while the current layout is configured for retail operations.

The property provides approximately 120 feet of frontage along Main Street/US Highway 19 in Chiefland. Public water and public sewer serve the site, and the building has a built-up roof with ductless heating. The sale excludes the sheds located on the property.

Key Highlights

  • 1,288‑square‑foot concrete retail building on a 0.34‑acre parcel
  • Approximately 120 feet of frontage along Main Street/US Highway 19
  • Walk‑in cooler and freezer included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,657
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,140 $273.1K
Cap Rate 7%
$195,100 $195.1K
Cap Rate 9%
$151,744 $151.7K
Market Conditions
NOI Build-Up for 1,288 SF
Gross rent
$20.9K $16.20/SF
− Vacancy
−$1.4K −$1.05/SF
EGI
$19.5K $15.15/SF
− OpEx
−$5.9K −$4.54/SF
NOI
$13.7K $10.60/SF
Area
Levy County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,140
Cap Rate 7%
$195,100
Cap Rate 9%
$151,744

Alternative Uses

Best Use
Retail
$195.1K
$170.7K – $227.6K (±1% cap)
NOI $13,657 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.0K
$279.1K – $372.2K (±1% cap)
NOI $22,331 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Deer Camp (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 83% Home Improvements & Furnishings 9% Beauty & Spa 8%
Marathon Shops & Services
4,411 visits/mo 0.3 miles
Citgo Shops & Services
2,862 visits/mo 0.1 miles
City Electric Supply Home Improvements & Furnishings
762 visits/mo 0.2 miles
Merle Norman Cosmetic Studio Beauty & Spa
709 visits/mo 0.1 miles

Demographics for 32626, FL

8,620
Population
4,358
Households
2
Avg Household Size
47
Median Age
13%
College-Educated
89%
High-School Grad
243.6 sq mi
ZIP Area
35
Density / Sq Mi
$49,643
Median Household Income
$34,057
Median Earnings
$844
Median Rent
$160,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Sunshine 54 formally Silk Sunshine — 425 N Main St, Chiefland, FL 32626
  • Florist — Chiefland, FL 32626
  • Fernwood Flowers — 620 N Main St, Chiefland, FL 32626

Frequently Asked Questions

What type of property is this?
Storefront property - Concrete retail building with a covered canopy, fenced grounds, and paved on-site parking.
Where is this storefront property located?
The property is located at 306 S MAIN Street Chiefland, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,288‑square‑foot concrete retail building on a 0.34‑acre parcel; Approximately 120 feet of frontage along Main Street/US Highway 19; Walk‑in cooler and freezer included
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Includes: Price & PSF · Cap rate · Location · Zoning

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