Storefront Retail Building with
811 S BAY Street Eustis, FL 32726
811 S BAY Street, Eustis, FL, 32726
$309,000
For Sale
$309,000
COMMERCIAL - EUSTIS, FL
Property Size800 SF
Lot Size0.16 Acres
Price / SF$386.25
Days on Market23
Property Features for 811 S BAY Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GC
- Window features
- Double Pane Windows
- Basement
- Crawl Space, Partial
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 11-19-26-0100-127-00005
- Size
- 800 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- EUSTIS S 132 FT OF N 264 FT W OF R/W SR 19 BLK 127 PB 1 PG 79 ORB 4677 PG 2466
- Tax Annual Amount
- 2469
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 1
- Flooring type
- Laminate, Vinyl
- Building materials
- Cement Siding, Frame, Wood Siding
- Roof type
- Metal
Listing agency
NARROW ROAD REALTY
(352) 589-8100
Listed by
Brad Verkaik · License #3246043
(352) 589-8100
Added: Jun 29 Checked: Jul 21 at 10:06PM
MLS# G5114299
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.
Investment Insights
Based on property information with market context.
This storefront retail building offers substantial on-site storage, including a rare underground cellar, plus two bathrooms for staff and client convenience. Improvements noted include a new metal roof installed in 2020, new windows in 2015, and updated electrical, AC, and plumbing systems. The property also includes a prominent 4' x 8' existing signage structure and five dedicated parking spots.
Located at 811 S Bay Street in Eustis, the building is positioned at the fork in the road of State Road 19 with frontage and access on both the southbound (Bay Street) and northbound (Grove Street) sides. FDOT data cited in the listing indicates nearly 50,000 vehicles pass by this location daily.
Zoned GC, the building is sized at approximately 800 square feet and sits on a 0.16-acre lot.
Located at 811 S Bay Street in Eustis, the building is positioned at the fork in the road of State Road 19 with frontage and access on both the southbound (Bay Street) and northbound (Grove Street) sides. FDOT data cited in the listing indicates nearly 50,000 vehicles pass by this location daily.
Zoned GC, the building is sized at approximately 800 square feet and sits on a 0.16-acre lot.
Key Highlights
- Commercial building built in 1969 with cement, frame, and wood siding and a metal roof
- Frontage and access on both sides of State Road 19: southbound (Bay Street) and northbound (Grove Street)
- FDOT data reports nearly 50,000 vehicles pass by daily
Local 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 | $14.4k | $18.00 |
| − Vacancy | −$878 | −$1.10 |
| EGI | $13.5k | $16.90 |
| − OpEx | −$4.1k | −$5.07 |
| NOI | $9.5k | $11.83 |
800 SF · lease $18.00/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$135.2K
$118.3K – $157.8K
NOI $9,465 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$227.7K
$199.2K – $265.6K
NOI $15,936 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Narrow Road Realty
Real Estate Agency
Similar For Sale Nearby
Similar Off Market Nearby
- BAUGhaus — 230 Palm Ave, Eustis, FL 32726
FAQs
What type of property is this?
Storefront property - Storefront building with an underground cellar, two bathrooms, updated roof, and five dedicated parking spots.
Where is this storefront property located?
The property is located at 811 S BAY Street Eustis, FL.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Commercial building built in 1969 with cement, frame, and wood siding and a metal roof; Frontage and access on both sides of State Road 19: southbound (Bay Street) and northbound (Grove Street); FDOT data reports nearly 50,000 vehicles pass by daily
