CENTURY 21 Edge
Mixed Use

Commercial Sale · Mixed Use

$150,0003,458 sq ft$43 /sq ft0.45 acres

16500 S US HIGHWAY 19, SALEM, FL, 32356

Active76 days on marketListed May 26, 2026MLS #O6410023

About this property

The property at a glance

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

3,458

Building sq ft

$43

Price / sq ft

0.45

Lot acres

1954

Year built

1

Building

MIXED USE

Zoning

Mixed Use

Property type

Building size3,458 sq ft
Lot size0.45 acres
Year built1954
Buildings1
ZoningMIXED USE
ConstructionBlock
CoolingOther
Annual taxes$1,220

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $37,500
Interest rate6.00%
Loan term

Estimated payment

$936/mo

Principal & interest$674
Property taxes (actual bill)$102
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Lacie to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

5,900vehicles / day · 2025Sr-51 · Traffic count · Florida DOT
Map of 16500 S US HIGHWAY 19

The area

Who's around this property

65

Population

Your team

The pros in your corner

Lacie Springstead

Your agent

Lacie Springstead

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 16500 S US HIGHWAY 19 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 16500 S US HIGHWAY 19.

See it in person

Schedule a tour

Live availability from Lacie's calendar — pick a time and it's booked.

Listing courtesy of ANGUS REALTY LLC · Morris Mathieu. MLS #O6410023.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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