Established Furniture Store with Real
5022 HWY 22 Callaway, FL 32404
For Sale
$520,000
Operating furniture store, home decor, gifts, jewelry, and real estate.
Property Size3,430 SF
Lot Size0.47 Acres
Price / SF$151.60
Days on Market322
Property Features for 5022 HWY 22
General Information
- Standard status
- Active
- Size
- 3,430 SF
- Lot size
- 0.47 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing Agency:
INVESTORS ADVANTAGE RE
(850) 896-4137
Listed By:
BARB J HOYT
Source:
Corcoran
Added: Sep 6, 2025
Changed: Jul 6
Last Checked: Jul 24 at 10:53AM
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 INVESTORS ADVANTAGE RE
Investment Insights
Based on property information with market context.
The Treehouse is an established new and used furniture store that also carries home decor, gifts and jewelry. The business has been in operation for 2 years, is growing, and is well received. The building has experienced much renovation and has been kept in its rustic charm. It features 4 bathrooms in total and could easily be divided into 2-3 more businesses, as the building has 3 separate entrances. The lot features a large area at the back of the property, perfect for parking large trucks or cars. The roof was replaced after Hurricane Michael, and the building has 3 mini split heat/air units. Customers appreciate the unique selection of merchandise offered. This listing is for the business, good will, inventory, and real estate. The property has 3430 square feet of retail space.
Key Highlights
- Established business (2 years) with growing revenue and positive reputation.
- Includes business, goodwill, inventory, and real estate.
- Building has 3 separate entrances, allowing for division into 2‑3 businesses.
Financial Insights For 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 | $58.4k | $17.04 |
| − Vacancy | −$4.8k | −$1.40 |
| EGI | $53.7k | $15.64 |
| − OpEx | −$16.1k | −$4.69 |
| NOI | $37.6k | $10.95 |
3,430 SF · lease $17.04/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$536.5K
$469.5K – $626.0K
NOI $37,558 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$999.4K
$874.5K – $1.17M
NOI $69,957 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Storefront property - Operating furniture store, home decor, gifts, jewelry, and real estate.
Where is this storefront property located?
The property is located at 5022 HWY 22 Callaway, FL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Established business (2 years) with growing revenue and positive reputation.; Includes business, goodwill, inventory, and real estate.; Building has **3 separate entrances**, allowing for division into 2‑3 businesses.
