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Property profile & analytics
OFF-MARKET
Turn key restaurants

195 Main St Bartow, FL 33830-4630

2,520 SF 0.06 ac lot Built 1900
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US18-5979750
Property summary
AI-generated overview

This exceptional 2,520 square foot commercial property in Bartow, Florida, is offered at $950,000. Located on a 0.06-acre corner lot at 195 E Main St (APN 25-30-05-384100-016011), this two-story building boasts a prime downtown location, steps from shops and county offices, ensuring high foot traffic. Currently configured as a restaurant with upstairs office space, the property offers significant potential. The building, renovated in 2012, features a desirable net lease investment opportunity with a 5.79% cap rate and a $55,000 net operating income (NOI). The price per square foot is $376.98. The upper level, currently used as office space, could be easily converted into residential units. The property's zoning is commercial, allowing for a variety of uses. The charming downtown Bartow setting, surrounded by lakes and citrus groves, provides a unique and attractive atmosphere. The outdoor area presents an opportunity to create a patio for al fresco dining, enhancing the property's appeal. This property is an excellent investment opportunity for a savvy buyer looking for a high-traffic location in a vibrant and growing community. The property is zoned for commercial use.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 2,520 SF
Lot 0.06 ac (2,553 SF)
APN 253005384100016011
UPID US18-5979750
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
Current use
Occupant on record · Public records
  • Hacienda Mexico Restaurant
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
Bartow Redev Group 195 LLC · 17 yrs held
Bartow Redev Group 195 LLC
since 2009
5 recorded transactions
2009
$250,000
2001
$27,257
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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