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    1173 Highway 171 Graceville, FL 32440

    For Sale
    $98,500

    Turnkey Bar & Nightclub, Ample Parking

    Property size:
    2,584 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, located at 1173 Highway 171 in Graceville, Florida, presents a unique investment opportunity. Priced at $98,500, this turnkey operation boasts a substantial 2,584 square foot building situated on a generous 33,105.6 square foot lot. The property has a rich history as an established bar and nightclub, offering immediate income potential for a savvy buyer. Constructed in 1960, the building is well-maintained and features durable concrete block construction with a reliable metal roof. Recent improvements include a new air conditioning system and remodeled bathrooms, enhancing both functionality and appeal. The property also includes two large campers in good condition, adding further value and potential uses. Ample parking is available on-site, ensuring convenience for patrons and staff. This prime location in Graceville, Florida, offers excellent visibility and accessibility, making it an ideal setting for a thriving business. The property's solid structure, recent updates, and established history combine to create a compelling investment prospect in a desirable location. This is a rare opportunity to acquire a turnkey business with significant upside potential. The zip code is 32440.

    Property Features for 1173 Highway 171

    General Information

    Property type
    Specialty properties
    Square Feet
    2,584 SF

    Building Details

    Year Built
    1960

    HighLights

    • $98,500 asking price.
    • Special purpose property, 2,584 square feet.
    • Built in 1960, situated on a 33,105.6 square foot lot.
    • Turnkey bar and nightclub operation with ample parking.
    • Concrete block building with a metal roof, recent AC and bathroom updates, plus two campers included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Parts Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Graceville
    County
    Holmes
    State
    Florida
    Longitude
    -85.5406209
    Latitude
    30.9339226

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    FAQs

    What type of property is this?
    Specialty property - Turnkey Bar & Nightclub, Ample Parking
    Where is this specialty property located?
    The property is located at 1173 Highway 171 Graceville, FL.
    What is the asking price?
    The asking price for this property is $98,500.
    What are key features of this property?
    This property features: $98,500 asking price.; Special purpose property, 2,584 square feet.; Built in 1960, situated on a 33,105.6 square foot lot.
    Request Owner's contact information
    1173 Highway 171 Graceville, FL 32440
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    Graceville, FL 32440
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    Realmo Value Estimation

    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.

    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.

    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
    1173 Highway 171 Graceville, FL 32440
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