307/309 State Road 26 Melrose, FL 32666
- Mixed-use properties
- 6,006 SF
- 0.76 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 307/309 State Road 26
- Year built
- 2011
- Lot size
- 0.76 lot acres
- Property size
- 6,006 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melrose
- County
- Putnam
- State
- Florida
- Longitude
- -82.0072
- Latitude
- 29.729