503 Wade St Trenton, FL 32693-4161
This 2,124 square foot commercial property in Trenton, Florida, presents a unique investment opportunity. Located on busy State Road 26, the property boasts high visibility and easy access, making it an ideal location for a variety of uses. Currently operating as a well-established dry-cleaning business, the sale includes the building, land, and all necessary equipment for seamless continuation of operations. High-quality cleaning and pressing machines are included. The property's versatility allows for diverse uses, including daycare, convenience store, storefront, executive office, or salon/barbershop. Built in 1965, this property offers significant potential for growth and profitability. Detailed financial information for the existing business is available upon request. The legal description includes all of fractional block 60 and a portion of 1st Avenue, situated between the south right-of-way line of ACL Co. and the north right-of-way line of State Road 26, as depicted on the plat of Trenton 27/359, excluding specified road right-of-way parcels (205/267, 143/248, 2000/2337, 2004/3403, 2005/7515, 2005/7517, 2011/117, 201821001045, 201921006042, 202421001718). The asking price is $379,000.
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Quality Cleaners & Laundry Services (Bike/Boat/Book/etc) Store
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.