110 1St St Micanopy, FL 32667
This exceptional commercial property, located at 110 NE 1st Street in the charming town of Micanopy, Florida, presents a rare investment opportunity. Boasting a prime corner lot position, the building offers 2,685 square feet of climate-controlled retail space, perfectly suited for a variety of businesses. The property also includes two adjacent parcels, expanding the total land area to 0.41 acres, providing ample space for expansion or outdoor amenities. Micanopy is a thriving destination, attracting a significant number of local, state, and national visitors drawn to its unique blend of arts, crafts, antique shops, art galleries, and restaurants, all reflecting the classic Old Florida charm. Currently configured as an antique retail space, the property's versatile layout allows for adaptation to various commercial uses. The asking price has been adjusted to $400,000, reflecting the exceptional value and potential this property offers. This is a chance to own a piece of Micanopy's vibrant commercial landscape, in a high-traffic area with significant foot and vehicle traffic. The property's size and location make it an ideal investment for entrepreneurs seeking a well-established and attractive business environment. Don't miss this opportunity to secure a thriving commercial space in a sought-after Florida town.
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.