Address
711 S 14th St & 1425 Sumter St, LEESBURG, FL
Price
$ 2,000,000
Property Attributes
  • MLS#G5084008
  • TypeCommercial
  • CountyLAKE
  • CityLEESBURG
  • AreaLeesburg
  • NeighborhoodLeesburg Clearview Terrace
  • Zip34748
  • StyleWarehouse
  • Year Built1954
  • Taxes$ 17036
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21994
  • Lot Size1.35 Acres
Data Source:
Stellar MLS
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!!!

Price History
6/28/2024 Listed $2,000,000

General Features

Heating Central
Cooling A/C - Office Only,Central Air
Zoning C-3
Construction Materials Block,Brick,Metal Frame
Year Built 1954
Property SubType Warehouse
Tax Year 2023
Percent Ownership Other
Additional Parcels Description 27-19-24-0400-00B-01400
County Lake
New Construction No
Property Type Commercial Sale
Subdivision Name LEESBURG CLEARVIEW TERRACE
Status Active
Directions FROM DOWNTOWN LEESBURG TURN LEFT ONTO 14TH ST,PROPERTIES ARE LOCATED AT CORNER OF SUMTER ST AND S 14TH ST
ModificationTimestamp 2024-06-28T16:11:43.177Z
City LEESBURG
Buyer Agent Compensation 3.0%
View Y/N No
MLS Area 34748 - Leesburg
Lot Size Units Acres
Lot Size Square Feet 58806
Waterfront Y/N No
Tax Annual Amount 17036
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5084008
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 11
Legal Description LEESBURG CLEARVIEW TERRACE BEG AT NW COR OF LOT 11 BLK D RUN E TO NE COR LOT 26 S 41.15 FT W TO W LINE OF LOT 11 N 40.3 FT TO POB--LESS E 24.8 FT--LOTS 12 13 14 15--LESS HWY R/W--LOT 27--LESS E 24.8
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Area 1.35
Foundation Details Slab
Number of Buildings 2
Building Area Total 21994
Lot Dimensions 240 x 190 & IRR
Lot Size Acres 1.35
Road Surface Type Asphalt
Road Frontage Type City Street
Number of Lots 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34748

Price
AVG $1.07M
$2M
Taxes
AVG $6,546
$17,036
Visits
AVG 207
4
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1954

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