You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Mixed-use properties

307/309 State Road 26 Melrose, FL 32666

6,006 SF 0.76 ac lot Built 2011
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 307/309 State Road 26 in Melrose, Florida, presents a unique investment opportunity. The 6,006 square foot Melrose Center sits on a 0.76-acre lot and boasts two attractive buildings facing the major thoroughfare of Highway 26, connecting Gainesville and Putnam Hall. The main building, known as "The Studios of Melrose," features eleven mixed-use offices currently occupied by a diverse range of tenants, including healthcare providers, artist studios, and a multi-room art gallery. This building showcases the historic Victorian four-square architectural style prevalent in Melrose. The property is also licensed as a full-service restaurant with a seating capacity of fifty, offering both indoor and outdoor dining areas. The kitchen underwent a complete renovation in 2021, with significant upgrades to its equipment. The Melrose Center further distinguishes itself with both indoor and outdoor performance stages, regularly hosting musicians and showcasing local artists' work. This vibrant space serves as a unique combination of restaurant, art house, and community hub, offering a rare opportunity to acquire a property where food and art seamlessly converge. Priced at $999,999, this property represents a compelling investment in a thriving community.

Property profile
Verified
Property type Mixed-use properties
Year built 2011
Total area 6,006 SF
Lot 0.76 ac (33,106 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 307/309 State Road 26?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message