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Property profile & analytics
FOR SALE
Retail space

280 W Washington St Monticello, FL 32344

3,657 SF 0.27 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-5086384
Property summary
AI-generated overview

This exceptional 7,797 square foot commercial property, situated on a 0.26-acre lot at 280 W Washington Street in Monticello, Florida, presents a rare investment opportunity. Located in the heart of downtown, less than 500 feet from the Monticello Courthouse, this B-1 (Business Central) zoned building boasts prominent road frontage on both Highway 90 West, a major thoroughfare, and North Olive Street, ensuring high visibility and accessibility for both vehicular and pedestrian traffic. The property's strategic location places it amongst established local businesses, creating a vibrant and thriving commercial environment. The interior comprises 13 rooms and 4 separate restrooms, offering flexibility for a variety of uses and the potential for multiple separate business spaces. A convenient garage provides ample storage, and a dedicated entry/exit on the building's north side enhances functionality. Currently, a two-year lease is in place. While some minor remodeling and renovation work is still in progress, the property's strong foundation and prime location offer endless possibilities for a discerning entrepreneur or investor seeking a foothold in Monticello's dynamic commercial landscape. Additional photos will be available soon.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,657 SF
Lot 0.27 ac (11,674 SF)
APN 00-00-00-0360-0000-0401
UPID US18-5086384
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The Ww Company LLC · 2 yrs held
The Ww Company LLC
since 2023
Last sale
$200
5 recorded transactions
2026
Price N/A
2023
$200
2018
Price N/A
2018
$75,000
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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