413 Elm St, Welaka, FL 32193-2125
This exceptional commercial property, located at 413 Elm Street in Welaka, Florida, presents a unique investment opportunity. The single-tenant building, constructed in 2004, boasts 2,100 square feet of space situated on a 0.46-acre lot (APN: 411226920003100020). The property is currently configured for retail use, featuring a fully equipped commercial kitchen, a Southern Pride smoker, and ample outdoor space, ideal for various commercial ventures. The building includes a newly installed complete A/C unit and a commercial refrigerator. The property's versatility allows for adaptation to office space or other retail service businesses. Located in Putnam County (zip code 32193), this one-story building offers immediate occupancy with significant potential for long-term growth. The property is currently income-producing, with a long-term tenant in a secondary unit, providing a strong rental history. The seller is open to considering both lease and sale options, including seller financing. The property's location in the charming town of Welaka, along the scenic St. Johns River, offers a picturesque setting and benefits from increasing investor and resident interest. Detailed floor plans are available. This is a rare opportunity in a thriving community.
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Outback Smoke Shack Restaurant
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
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.