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118 E Park St
Perry, FL 32348
Retail Property For Sale
Investment Highlights
- Located in Perry’s established commercial district near civic and retail hubs.
- Former movie theater configured for adaptive reuse as event venue, church, or retail.
- Opportunity to renovate or redevelop in alignment with downtown growth trends.
- Encompasses 7,845 square feet of flexible interior space on nearly 0.9 acres.
- Significant on-site parking capacity supporting high-traffic operations.
- Available as part of a larger investment portfolio with multiple properties nearby.
Executive Summary
Step into a redevelopment opportunity in the heart of Perry with 118 E Park Street, a former theater property offering adaptable potential. Spanning nearly 7,900 square feet on just under one acre, this building’s open layout, paired with excellent accessibility, makes it a versatile choice for investors or businesses looking to reimagine a community landmark.
The property’s configuration provides an expansive interior ideal for uses such as an entertainment venue, neighborhood cinema, church, event center, or multipurpose community center. Additional possibilities include retrofitting for retail, hospitality, or mixed-use concepts, capitalizing on the flexible floor plan and generous site size. Surrounding this central location is a walkable downtown core dotted with local shops, dining options, and popular service businesses, ensuring a steady stream of visitors and community engagement.
Ample on-site parking—rare for downtown properties—further enhances convenience for patrons, staff, or congregants. The site’s combination of size, location, and existing infrastructure offers a compelling value proposition for investors seeking a platform to execute a vision in a growing North Florida market.
The property’s configuration provides an expansive interior ideal for uses such as an entertainment venue, neighborhood cinema, church, event center, or multipurpose community center. Additional possibilities include retrofitting for retail, hospitality, or mixed-use concepts, capitalizing on the flexible floor plan and generous site size. Surrounding this central location is a walkable downtown core dotted with local shops, dining options, and popular service businesses, ensuring a steady stream of visitors and community engagement.
Ample on-site parking—rare for downtown properties—further enhances convenience for patrons, staff, or congregants. The site’s combination of size, location, and existing infrastructure offers a compelling value proposition for investors seeking a platform to execute a vision in a growing North Florida market.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Movie Theater
Building Size
8,445 SF
Building Class
C
Year Built
1979
Price
$200,000
Price Per SF
$23.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.00 AC
Opportunity Zone
Yes
Parking
60 Spaces (7.1 Spaces per 1,000 SF Leased)
Frontage
115’ on Park
Property Taxes
| Parcel Number | 25-04-07-04538-000 | Improvements Assessment | $147,530 |
| Land Assessment | $17,800 | Total Assessment | $165,330 |
Property Taxes
Parcel Number
25-04-07-04538-000
Land Assessment
$17,800
Improvements Assessment
$147,530
Total Assessment
$165,330
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