20804 W Pennsylvania Ave Dunnellon, FL 34431
For Sale
This exceptional 3,519 square foot mixed-use property, situated on a 0.7-acre corner lot in Dunnellon, Florida, presents a remarkable investment opportunity. Its prime location at a busy four-way stop ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The open floor plan is perfectly suited for retail display, showcasing merchandise effectively. Currently operating as an art gallery and housing a fiber optic network system, the property demonstrates adaptability and existing infrastructure. The building includes two restrooms, providing ample convenience for customers and employees. Parking is readily available with eight designated spaces on the property, supplemented by two additional street parking spots. The property is being sold subject to Florida Statute 163.380, concerning the disposal of property within a community redevelopment area. This presents a unique chance to acquire a well-positioned commercial space at an attractive price point. The building's versatile layout and prominent location offer significant potential for growth and return on investment. Don't miss this opportunity to own a thriving commercial property in a dynamic location. Priced to sell, this property won't last long.
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Rainbow Springs Art, Inc Art Gallery
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
Property description
Physical attributes from public recordsZoning & alternative use
B3; R3 · Dunnellon, FLDunnellon. Always verify with local authorities before improvements.
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.