Property profile

110 Main St Perry, FL 32347

FOR SALE
Turn key restaurants
Property ID
US18-1048658
3,120 SF 0.08 ac lot Built 1945
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,150 square foot commercial building, situated in the heart of historic downtown Perry, Florida on Main Street (Courthouse Square), presents a unique investment opportunity. Constructed in 1945, this brick and cement structure has undergone a complete renovation, boasting new ceramic tile floors and energy-efficient spray foam insulation. Modern updates include a new electrical panel and wiring, along with stylish new light fixtures and ceiling fans throughout. The property includes one bathroom, with existing plumbing readily available for the addition of another. A separate break room/kitchen area adds to its functionality. The building sits on a 0.08-acre lot and offers versatile space ideal for retail, hospitality, or professional office uses. Currently leased to an arcade, providing immediate income potential. Detailed lease and financial information will be shared with qualified buyers under a non-disclosure agreement. This property also presents an attractive addition to a larger investment portfolio, as it is offered alongside eight other commercial properties (most with existing leases) and a leased residential home. This portfolio offers a diversified income stream. To schedule a viewing, proof of funds or a pre-approval letter from a lender is required. All offers must be submitted in writing.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,120 SF
Lot 0.08 ac (3,550 SF)
APN 24-04-07-03852-000
UPID US18-1048658

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Arcade & Gaming Center

Location

110 Main St Perry, FL 32347
Perry metro Census 950100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2010
3 recorded transactions
2025
Price N/A
2010
Price N/A
2002
$65,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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