16500 S US Highway 19 - Restaurant FOR SALE


Salem, FL 32356
$150,000 USD
352-989-3410
16500 S US Highway 19, Salem, FL for Sale
$150,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

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16500 S US Highway 19
Salem, FL 32356


HIGHLIGHTS

  • High visibility on US Highway 19 S, between a motel and gas station.
  • AADT count approx. 8600-9000+
  • On .45 acres with mixed use zoning.

OVERVIEW

Prime commercial opportunity on high-visibility US Highway 19 South in Salem (Perry area), Taylor County! This 3,330 sq ft vacant building, built in 1954, is ideally situated between a motel and gas station, offering excellent exposure to passing traffic. Formerly operated as a restaurant, the mixed-use zoning supports a wide range of profitable uses including restaurant, convenience store, cafeteria, retail shop, or other commercial ventures. The spacious layout features two storefronts on the first floor and potential for a 4-bedroom apartment or additional rental space on the second floor. US 19 provides strong daily traffic flow with thousands of vehicles passing daily (recent nearby AADT counts approximately 8,600–9,000+), delivering built-in customer traffic from locals, travelers, and motel guests. The nearest Walmart is about 25 miles away, creating strong demand for a general store, grocery, or food service business in this underserved stretch. This historic property sits on ~0.45 acres with great highway frontage and easy access. Bring your vision to revitalize this landmark building—perfect for owner-user or investor! Call today for more details. Property Highlights: 3,330 sq ft building on 0.45 acres Mixed-use zoning High traffic visibility on US 19 Previously a restaurant Prime location between motel & gas station

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

Restaurant-L/C

APN/PARCEL ID

10-07-09-09360-100

ASK ABOUT THIS PROPERTY

Morris MathieuANGUS REALTY LLCMore Info
352-989-3410

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Morris MathieuANGUS REALTY LLCMore Info
352-989-3410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.