20607 W Pennsylvania Ave Dunnellon, FL 34431
For Sale
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This exceptional commercial property, located at 20607 W Pennsylvania Avenue in the heart of Dunnellon's historic district, presents a unique investment opportunity. The property consists of two buildings totaling 3,590 square feet of net rentable space situated on a 12,500 square foot lot. Building One offers 1,230 square feet, while Building Two provides 2,360 square feet, featuring multiple large rooms and three restrooms. Built in 1923, these structures are currently vacant and ready for immediate occupancy. The property is zoned B3, allowing for a wide range of commercial uses, including but not limited to medical offices, retail spaces, professional offices (lawyers, accountants), restaurants, and boutiques. Nine dedicated parking spaces are available on-site, supplemented by ample public parking across the street. Recent renovations ensure both buildings are in excellent condition. The property is offered for sale at $595,000. Lease options are also available. This is a rare chance to acquire a well-maintained, historically significant commercial property in a thriving Florida community.
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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.
