116 Main St Bonifay, FL 32425
This unique 6,593 square foot commercial property, built in 1960, is situated on a 20,908.8 square foot lot in the heart of downtown Bonifay, Florida (32425). Previously used as a church, thrift store, and event venue, this single-story building offers boundless potential for a variety of commercial uses. Its strategic location provides excellent visibility and accessibility with road frontage on Main Street, W Evans, and Martin streets. The property includes a commercial kitchen, a significant asset for food-related businesses or event spaces. While the previous uses have changed, the spacious interior and prime location remain. Buyers are encouraged to conduct their own due diligence to verify zoning compliance with their intended business plans. This is an exceptional opportunity for an entrepreneur seeking a versatile space with high visibility in a thriving downtown area. The asking price is $199,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.