Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    616 Main St Chiefland, FL 32626

    View on Map
    Claim this Listing
    New
    For Sale
    $132,500

    Bait Shop,Feed Store,Hair Salon,Medical,Office Building,Other,Professional/Office,Retail

    Property size:
    891 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $148/SF
    Added:
    Apr 28, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 28 at 9:06 pm

    Property Features for 616 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Other
    Interior features
    None
    Standard status
    Active
    APN
    0078400000
    Size
    891 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s)

    Building Details

    Year built
    1956
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Stephanie Barron

    Listing agent Stephanie Barron

    Listing office Hometown Realty of North Fl. Inc. 1160 S. Main St, Bell, FL

    Listing date Apr 28, 2026

    MLS# 799110 Listing URL

    Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Commercial Building

    This 891-square-foot commercial building is positioned directly on busy US 19, offering excellent highway frontage and daily visibility. The layout includes several individual rooms or office spaces along with one bathroom, making it adaptable for a variety of business uses. Existing window A/C units are in place. The multiple rooms could function well as private offices, treatment rooms, or workstations, making it a fit for a hair salon, nail studio, barber shop, massage or spa services, tax office, insurance agency, boutique retail shop, or professional office space. With direct access and strong exposure from US 19, a business will benefit from the steady traffic count and prominent location. The property is located in Chiefland, FL, in Levy County. The lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neverending Story (Bike/Boat/Book/etc) Store Paws And Claws Animal Shelter

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chiefland
    County
    Levy
    State
    Florida
    Longitude
    -82.8599866
    Latitude
    29.4843614

    Nearby Similar for Sale

    • $494,900

      Highway Frontage Commercial Building

      Versatile commercial building with showroom and warehouse space.
      103 N Main Street, Chiefland, FL 32626
      View Details
    • $450,000
      4,264 SF

      Chiefland Commercial Property For Sale

      Established commercial property with office and manufacturing space in Chiefland, Florida.
      1411 23rd Ave, Chiefland, FL 32626
      View Details
    • $399,995
      2,802 SF

      Industrial Property on 6 Acres

      Industrial property featuring 8000+ sqft building on 6 acres.
      1606 SW 4TH PLACE, CHIEFLAND, FL 32626
      View Details
    • $160,000

      Chiefland Homestead with Acreage

      Ten-acre homestead near downtown Chiefland with potential.
      7157 NW 120TH STREET, CHIEFLAND, FL 32626
      View Details
    • $389,000
      2,108 SF

      New Duplex Near Town Center

      New construction duplex with modern finishes near schools and amenities.
      91-93 NW 8TH STREET, CHIEFLAND, FL 32626
      View Details
    • $509,000
      5,636 SF

      Highway Frontage Commercial Building

      Versatile 5,636 sq. ft. commercial building on US Highway 19.
      103 N MAIN St, Chiefland, FL 32626
      View Details
    • $399,995
      8,000 SF

      Industrial Property with Multiple Loading Docks

      Industrial property featuring 6 acres, 8000+ sq ft building, 5 docks.
      1606 SW 4TH Pl, Chiefland, FL 32626
      View Details
    • $1,500,000
      9,596 SF

      Established Restaurant Business and Real Estate

      Thriving restaurant and property in a vibrant Chiefland community.
      2525 N Young Blvd, Chiefland, FL 32626
      View Details
    • $175,000
      1,310 SF

      Chiefland Drive-Through Investment Opportunity

      Free-standing 1,310 SF building in Chiefland, Florida, built in 2005.
      327 South Main Street, Chiefland, FL 32626
      View Details
    • $475,000
      6,000 SF

      Operating Self-Storage Business For Sale

      Operating self-storage business with expansion potential in a convenient location.
      2150 NW 14th St, Chiefland, FL 32626
      View Details
    • $600,000
      4,373 SF

      Chiefland Office Condos For Sale

      Three office condos totaling 4,373 SF in Chiefland, Florida.
      13 Northeast 3rd Street, Chiefland, FL 32626
      View Details
    • $350,000
      1,448 SF

      Chiefland Commercial Property on Highway

      Commercial property with office and shop on 1.92 acres.
      1401 S Main St, Chiefland, FL
      View Details

    FAQs

    What type of property is this?
    Retail space - 891 sqft commercial building with high visibility on US 19.
    Where is this retail space located?
    The property is located at 616 Main St Chiefland, FL.
    What is the asking price?
    The asking price for this property is $132,500.
    What are key features of this property?
    This property features: Prime location directly on US 19 with high visibility and traffic count.; Adaptable 891 sq ft commercial building suitable for various business types.; Affordable opportunity for business owners or investors.
    (352) 463-9001
    We can help!
    Listing Contact
    Stephanie Barron
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!