High-Visibility Office Retail
616 N Main St Chiefland, FL 32626
616 N Main St, Chiefland, FL, 32626
$132,500
For Sale
$132,500
Commercial building on US 19 with multiple interior rooms, one bathroom, and existing window A/C units.
Property Size891 SF
Price / SF$148.71
Days on Market85
Property Features for 616 N Main St
General Information
- Standard status
- Active
- Size
- 891 SF
Listing agency
Hometown Realty of North Fl. Inc.
(352) 535-7167
Listed by
Stephanie Barron
(352) 535-7167
Source
Exprealty
Added: Apr 28 Updated: Jul 20 at 11:39PM Checked: Jul 20 at 11:39PM
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 Hometown Realty of North Fl. Inc.
Investment Insights
Based on property information with market context.
This commercial building offers a flexible interior layout with several individual rooms or office spaces and one bathroom. Window A/C units are already in place, and the property needs some work, allowing a buyer to customize the space to suit their intended use.
The building is positioned directly on US 19 with highway frontage and daily visibility, providing strong exposure for a small business or investor seeking a location with prominent road access.
The available configuration supports a variety of professional or service-oriented setups, with multiple rooms that can be used as private offices, treatment or work areas, or other tenant-specific spaces.
The building is positioned directly on US 19 with highway frontage and daily visibility, providing strong exposure for a small business or investor seeking a location with prominent road access.
The available configuration supports a variety of professional or service-oriented setups, with multiple rooms that can be used as private offices, treatment or work areas, or other tenant-specific spaces.
Key Highlights
- 891‑sq‑ft commercial building on US 19 with strong highway frontage and daily visibility
- Interior layout includes multiple individual rooms/office spaces and 1 bathroom
- Existing window A/C units are already in place
Local Financial Insights For Office B
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 | $17.6k | $19.80 |
| − Vacancy | −$2.8k | −$3.17 |
| EGI | $14.8k | $16.63 |
| − OpEx | −$3.7k | −$4.16 |
| NOI | $11.1k | $12.47 |
891 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$158.8K
$138.9K – $185.2K
NOI $11,114 @ 7.0% cap · market cap 8.39%
Second Best
Retail
$135.0K
$118.1K – $157.5K
NOI $9,447 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$220.7K
$193.1K – $257.5K
NOI $15,448 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Neverending Story
(Bike/Boat/Book/etc) Store
Paws And Claws
Animal Shelter
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FAQs
What type of property is this?
Office units - Commercial building on US 19 with multiple interior rooms, one bathroom, and existing window A/C units.
Where is this office units located?
The property is located at 616 N 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: 891‑sq‑ft commercial building on US 19 with strong highway frontage and daily visibility; Interior layout includes multiple individual rooms/office spaces and 1 bathroom; Existing window A/C units are already in place
