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Fully Equipped Bar and Pub

418 W Washington Street, Chattahoochee, FL 32324

For Sale
$750,000

The sale includes an operating hospitality business and its equipped premises, with dining areas and a full-service kitchen.

Property Size5,184 SF
Price / SF$144.68
Days on Market83

Property Features for 418 W Washington Street

General Information

Standard status Active
Size 5,184 SF
Property subtype Commercial

Additional Details

Business Included Yes
Equipment Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $1,500

Building Details

Building Size 5,184 SF
Units 2
Listing Agency: Century 21 First Story
Listed By: James Durham · License #3422220
Source: Bertpope
Added: Aug 17 Changed: Nov 5 Last Checked: Nov 6 at 4:09PM

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 Century 21 First Story

Rey
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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.

Bleachers & Blaykes is an operating bar and pub offered with its building and business. The 5,184-square-foot property includes dining areas, a full-service kitchen, and an established setup for lunch, dinner, and evening entertainment.

Located at 418 W Washington Street in Chattahoochee, Florida, the property serves a local customer base. The existing configuration combines food service and evening entertainment in one venue.

Key Highlights

  • 5,184‑square‑foot building offered with the operating business
  • Dining areas and full‑service kitchen
  • Set up for lunch, dinner, and evening entertainment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,206
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,120 $1.2M
Cap Rate 7%
$845,800 $845.8K
Cap Rate 9%
$657,844 $657.8K
Market Conditions
NOI Build-Up for 5,184 SF
Gross rent
$84.0K $16.20/SF
− Vacancy
−$5.0K −$0.97/SF
EGI
$78.9K $15.23/SF
− OpEx
−$19.7K −$3.81/SF
NOI
$59.2K $11.42/SF
Area
Gadsden County, FL
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,120
Cap Rate 7%
$845,800
Cap Rate 9%
$657,844

Alternative Uses

Best Use
Specialty Retail
$845.8K
$740.1K – $986.8K (±1% cap)
NOI $59,206 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,962 @ 7.0% cap · market cap 11.86%
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

Bleachers & Blayke’s Billiards Restaurant

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Pharmacy Big Box & Wholesale Store Dental Office HVAC Service

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Hardee's Dining
6,952 visits/mo 0.3 miles
Dollar Tree Shops & Services
5,507 visits/mo 0.3 miles
Dollar General Shops & Services
3,946 visits/mo 0.3 miles
Marathon Shops & Services
3,764 visits/mo 0.1 miles
SUBWAY Dining
2,233 visits/mo 0.1 miles

Demographics for 32324, FL

4,554
Population
1,898
Households
2.4
Avg Household Size
46
Median Age
9%
College-Educated
77%
High-School Grad
67.4 sq mi
ZIP Area
68
Density / Sq Mi
$42,607
Median Household Income
$33,053
Median Earnings
$606
Median Rent
$79,400
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

  • WB's Sports Bar & Grill Llc — 415 W Washington St, Chattahoochee, FL 32324
  • Bleachers & Blayke’s Billiards — 418 W Washington St, Chattahoochee, FL 32324

Frequently Asked Questions

What type of property is this?
Bar & Pub - The sale includes an operating hospitality business and its equipped premises, with dining areas and a full-service kitchen.
Where is this bar & pub located?
The property is located at 418 W Washington Street Chattahoochee, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,184‑square‑foot building offered with the operating business; Dining areas and full‑service kitchen; Set up for lunch, dinner, and evening entertainment
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Includes: Price & PSF · Cap rate · Location · Zoning

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