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    OFF-MARKET
    Office buildings

    309 Main St, Brooksville, FL 34601-3339

    2,464 SF 0.21 ac lot Built 1987
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US19-0887118
    Property summary
    AI-generated overview

    This exceptional two-story commercial building, situated at 309 S Main St in historic Brooksville, Florida (34601), presents a unique investment opportunity. Spanning 2,464 square feet on a 9,282 square foot lot, this property offers versatile space ideal for a variety of uses. Currently zoned CR, the building boasts a charming front porch and ample parking with six on-site spaces, supplemented by public parking across the street. The ground floor features an open-concept waiting area, office space, kitchen, and bathroom, while the second floor includes three additional office rooms and another bathroom. This layout allows for flexible use as a multi-office space or conversion into residential units, as detailed plans for such a conversion are available from the seller. The building benefits from recent upgrades, including LED lighting, a transferable forever roof, and an air conditioning system installed just two years ago. Its prime location offers convenient access to the Hernando County courthouse, local shops, and restaurants. Priced at $575,000 ($233.36 per square foot), this 1987-built property represents a compelling opportunity for both commercial and residential investors seeking a well-maintained building in a thriving downtown location. The building's mixed-use potential, coupled with its recent upgrades and desirable location, makes it an attractive investment prospect.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1987
    Construction WOOD
    Total area 2,464 SF
    Lot 0.21 ac (9,282 SF)
    APN R22-222-19-3460-0030-0090
    UPID US19-0887118
    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
    • Christopher J. Smith, P.A. Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    309 S Main Street LLC · 1 yrs held
    309 S Main Street LLC
    since 2024
    Last sale
    $375,000
    7 recorded transactions
    2024
    $375,000
    2018
    2017
    $195,000
    2014
    $99,900
    2011
    2003
    $190,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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