615 Main St Chipley, FL 32428-1251
This exceptional 3,150 square foot commercial building is ideally situated on Main Street in the heart of Chipley, Florida. Boasting a prominent location with high visibility and excellent foot traffic, this property presents a compelling investment opportunity for a wide range of businesses. The building itself is well-maintained and offers versatile space suitable for various commercial uses. Its 0.91-acre lot provides ample space for parking and potential expansion. The property benefits from its central location within Chipley's bustling downtown area, enjoying the advantages of a strong sense of community, nearby local shops and restaurants, and convenient access to major roadways and interstates. The high traffic volume from both local streets and regional highways ensures significant exposure for any business operating from this address. This is a rare opportunity to acquire a well-established commercial property in a thriving location with significant potential for growth and return on investment. The building's size and location make it an attractive option for businesses seeking a high-profile presence in a dynamic and growing community. Serious inquiries are encouraged to explore the possibilities this property offers.
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
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.