REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Brian Hawes

brian.hawes@engelvoelkers.com +1(760) 828-8340

$ 1,850,000

Est. payment -/mo

Save Virtual Tour

Price Dropped by $150K

711 S 14TH ST & 1425 SUMTER ST Leesburg, FL 34748

21,994 SqFt

UPDATED:

09/25/2024 01:45 AM

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 21,994 sqft

Price per Sqft $84

Subdivision Leesburg Clearview Terrace

MLS Listing ID G5084008

HOA Y/N No

Originating Board Stellar MLS

Year Built 1954

Annual Tax Amount $17,036

Lot Size 1.350 Acres

Acres 1.35

Lot Dimensions 240 X 190 & IRR

Property Description

ATTRACTIVE INCOME/INVESTMENT OPPORTUNITY!!! TWO BUILDINGS FOR SALE, BOTH OCCUPIED BY SAME TENANT, CAP RATE APPROXIMATELY 5%, leases are (NN) double net. Building #1 is 17,434 sq ft and is located directly on 14th St/US 27 and consists of main showroom, multiple offices, numerous restrooms, large air conditioned stock/supply room and also warehouse areas with 2 bay doors. Excellent visibility and easy access on 14th St/US 27 with 25,500 AADT traffic count and plenty of parking. Building #2 is a 4,500 sq ft metal warehouse built in 2000 with restroom and 4 grade level bay doors and is fully fenced. Owners would prefer to sell both buildings together but will consider selling separately as well. GREAT INCOME/INVESTMENT OPPORTUNITY!!! All information is believed to be accurate and correct but not guaranteed or warranted and should be verified by buyer to their satisfaction.

Location

State FL

County Lake

Community Leesburg Clearview Terrace

Zoning C-3

Interior

Heating Central

Cooling Office Only, Central Air

Exterior

Waterfront false

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Block,Brick,Metal Frame

New Construction false

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by MORRIS REALTY AND INVESTMENTS

Brian Hawes

Advisor | License ID: SL3425990

+1(760) 828-8340

GET MORE INFORMATION