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Sherry Shaheen

sherry.shaheen@engelvoelkers.com +1(352) 455-0712

$ 1,250,000

Est. payment -/mo

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Active

401 E NORTH BLVD Leesburg, FL 34748

9,800 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 9,800 sqft

Price per Sqft $127

MLS Listing ID G5108765

HOA Y/N No

Year Built 2005

Annual Tax Amount $20,172

Lot Size 1.130 Acres

Acres 1.13

Property Sub-Type Office

Source Stellar MLS

Property Description

Fantastic Opportunity to own this 9800 sq ft Medical or Professional Office space with 115 feet of highway frontage on 441 . Fantastic income property. This building consists of just under 10,000 sq ft. There are a total 3 units. 1 - 5800 sq ft unit that is leased at $5,000 per month for a 5 year term and has 3 years left and 2 identical 2,000 sq ft offices that are now vacant and getting ready for the next tenant. The building is in excellent condition. The owners had the parking lot repaved and re-striped and the exterior painted last year. The large 5,800 sq ft space can be built out to 2 or 3 units if you want more rental opportunities. This building is located on 441 and has fantastic road traffic and exposure. Rent out the other 2 units for 10% + cap income property. The parking lot will accommodate 60+ vehicles. Lots of options available. Use all 9800 sq ft, Use the 3 separate units or create more units for more income. This is a great owner operator property as well with your tenants paying your mortgage for you. Great location that is just minutes from the hospital.

Location

State FL

County Lake

Area 34748 - Leesburg

Zoning C-3

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Ceramic Tile, Laminate, Luxury Vinyl

Exterior

Parking Features Ground Level, Over 30 Spaces

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

Roof Type Tile

Building

Lot Description Oversized Lot, Retention Areas, Paved

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5108765

Listed by Stephen Misciagno RE/MAX TITANIUM GROUP

NEARBY SCHOOLS & PROPERTIES

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Sherry Shaheen

Real Estate Advisor | License ID: SL3517451

+1(352) 455-0712

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