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Property profile & analytics
OFF-MARKET
Bars & Pubs

1173 Hwy 171 Graceville, FL 32440-7019

2,584 SF 0.76 ac lot Built 1960
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-6532459
Property summary
AI-generated overview

This exceptional commercial property, located at 1173 Highway 171 in Graceville, Florida, presents a unique investment opportunity. Priced at $98,500, this turnkey operation boasts a substantial 2,584 square foot building situated on a generous 33,105.6 square foot lot. The property has a rich history as an established bar and nightclub, offering immediate income potential for a savvy buyer. Constructed in 1960, the building is well-maintained and features durable concrete block construction with a reliable metal roof. Recent improvements include a new air conditioning system and remodeled bathrooms, enhancing both functionality and appeal. The property also includes two large campers in good condition, adding further value and potential uses. Ample parking is available on-site, ensuring convenience for patrons and staff. This prime location in Graceville, Florida, offers excellent visibility and accessibility, making it an ideal setting for a thriving business. The property's solid structure, recent updates, and established history combine to create a compelling investment prospect in a desirable location. This is a rare opportunity to acquire a turnkey business with significant upside potential. The zip code is 32440.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1960
Total area 2,584 SF
Lot 0.76 ac (33,106 SF)
APN 0133.00-000-000-047.000
UPID US18-6532459
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Chastain Research Group INC · 1 yrs held
Chastain Research Group INC
since 2024
3 recorded transactions
2024
Price N/A
2021
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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