Retail or Office
829 S Main Street Bell, FL 32619
829 S Main Street, Bell, FL, 32619
$450,000
For Sale
$450,000
Air-conditioned building with paved parking sits directly on US Highway 129 in Bell, Florida.
Property Size3,102 SF
Price / SF$145.07
Days on Market398
Property Features for 829 S Main Street
General Information
- Standard status
- Active
- Size
- 3,102 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1988
Listing agency
HOMETOWN REALTY OF NORTH FLORIDA, INC
(352) 463-9001
Listed by
Natalie Rankin, S · License #3023353
Source
Xome
Added: Jun 21, 2025 Updated: Jul 22 at 7:10PM Checked: Jul 22 at 7:10PM
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 FLORIDA, INC
Investment Insights
Based on property information with market context.
This commercial building offers more than 2,600 square feet of interior, air-conditioned space and includes paved parking. The property is currently described as able to support a range of commercial uses, including retail, professional services, and medical office applications.
The building is located directly on US Highway 129 (Main St), and the public remarks indicate high traffic count. It also notes walkability to local businesses and schools.
The remarks state the property was formerly used as a restaurant, giving prospective tenants or buyers a layout that can be adapted to other business concepts within the types listed in the marketing material.
The building is located directly on US Highway 129 (Main St), and the public remarks indicate high traffic count. It also notes walkability to local businesses and schools.
The remarks state the property was formerly used as a restaurant, giving prospective tenants or buyers a layout that can be adapted to other business concepts within the types listed in the marketing material.
Key Highlights
- Over 2,600 SF of air‑conditioned interior space built in 1988
- Sits directly on US Highway 129 (Main St) with high traffic count
- Paved parking lot available on‑site
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 | $61.4k | $19.80 |
| − Vacancy | −$9.8k | −$3.17 |
| EGI | $51.6k | $16.63 |
| − OpEx | −$12.9k | −$4.16 |
| NOI | $38.7k | $12.47 |
3,102 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$552.8K
$483.7K – $644.9K
NOI $38,694 @ 7.0% cap · market cap 8.60%
Second Best
Retail
$469.9K
$411.1K – $548.2K
NOI $32,890 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$768.3K
$672.3K – $896.4K
NOI $53,781 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bell's Country Cooking
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Air-conditioned building with paved parking sits directly on US Highway 129 in Bell, Florida.
Where is this retail space located?
The property is located at 829 S Main Street Bell, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Over 2,600 SF of air‑conditioned interior space built in 1988; Sits directly on US Highway 129 (Main St) with high traffic count; Paved parking lot available on‑site
