309 Main St, Brooksville, FL 34601-3339
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.
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Christopher J. Smith, P.A. Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.