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    22822 Us Hwy Micanopy, FL 32667
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    22822 Us Hwy, Micanopy, FL 32667

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    • Refrigerated & Cold Storage
    • 7,566 SF
    • 2.88 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Refrigerated & Cold Storage

    Property Details for 22822 Us Hwy

    Year built
    1957
    Lot size
    2.88 lot acres
    Property type
    Refrigerated & Cold Storage
    Property subtype
    Warehouses

    Description

    This exceptional investment opportunity encompasses a 7,566-square-foot commercial building situated on a 2.88-acre lot in Micanopy, Florida. The property, zoned B2, boasts a prime location on US Highway 441, conveniently positioned between Ocala and Gainesville, ensuring high visibility and accessibility. Originally established as Ruby's Restaurant & Bar, the building has undergone expansions and rebranding over the years, offering versatile space adaptable to various commercial uses, including restaurants, bars, retail stores, or industrial applications. The building features 18-foot high beamed ceilings, providing ample vertical space ideal for diverse operations. Constructed of block with a metal roof and updated windows, the structure is durable and well-maintained. The property includes three buildings in total, offering 60 parking spaces to accommodate customers and employees. The robust electrical system includes 220-volt, three-phase power. Adding to its investment potential, the property also includes two residential units, a 2-bedroom, 1-bathroom home renovated in 2022, and a 1-bedroom, 1-bathroom apartment/garage renovated in 2015, currently generating income as short-term rentals. This unique combination of commercial and residential space presents a compelling opportunity for investors seeking a diversified portfolio in the thriving North Marion County submarket. The property's proximity to the historic town of Micanopy, with its charming cafes, antique shops, and museum, further enhances its appeal and potential for success. Built in 1957.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Micanopy
    County
    Alachua
    State
    Florida
    Longitude
    -82.2403
    Latitude
    29.4813
    More about this property
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