702 N. Main Street

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702 N. Main Street

Trenton, FL 32693
Asking Price
$1.41M
Asset Type
Retail
Class
Class B

What's Special

702 N. Main Street is situated along a primary commercial thoroughfare in the heart of Trenton, Florida. The surrounding neighborhood is characterized by a mix of local municipal offices, established service businesses, and residential communities. The property benefits from its proximity to major local intersections and regional routes including US-129 and State Road 26, providing direct access to neighboring Gilchrist County areas. Essential amenities such as the local library, banks, and grocery stores are located within a one-mile radius, contributing to consistent local vehicular traffic. The location is well-suited for a variety of retail use cases, including specialty boutiques, convenience services, or storefront professional offices. Its position along Main Street offers high visibility for businesses seeking a presence in a central rural business district. Typical tenant profiles for this asset include local small business owners, regional franchise operators, or service-oriented retailers looking to capitalize on the area's steady community flow and limited local competition. This property provides a functional space for entities requiring front-facing consumer access in a stable commercial environment.

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NOI
$80,000
Cap Rate
5.69%
DSCR
0.96
Underwater
Cash-on-Cash
-0.81%
Monthly Payment
$6,951.173
Annual Cash Flow
$-3,414.081

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