195 Main St Bartow, FL 33830-4630
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.
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Hacienda Mexico Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.