Property Description

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 2 identical 2,000 sq ft offices that 1 is rented for $2,700 a month and the other unit is available due to tenant recently retiring. Building is in excellent condition. The owners had the parking lot repaved and re-striped. 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. Great location that is just minutes from the hospital.

Features
: Electric
: Central Air
: Ceramic Tile, Carpet, Laminate
: Public Sewer
: Water Connected, Electricity Available, Public, Phone Available, BB/HS Internet Capable
Address Map
US
FL
Lake
Leesburg
34748
NORTH
401
BOULEVARD
W82° 7' 40.3''
N28° 48' 51.6''
South
Take ramp onto US Highway 27 (US-27 N) Turn right onto W Dixie Ave (SR-44) Turn left onto S Canal St Turn right onto North Blvd E (US-441)
34748 - Leesburg
E
C-3
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/G5069740
1250000
2023-06-11
: Paved, Oversized Lot
: Slab
Service - 110 Volts
: Block, Stucco, Concrete
9800
Financial
15319.08
Listing Information
276517804
260503101
Cash,Conventional
Expired
2024-07-01T04:24:11Z
Stellar
: None
2024-07-01T04:22:14Z

Commercial Sale For Sale

401 E North Boulevard, Leesburg, Florida 34748

9,800
$1,199,000
Listing ID #G5069740
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : G5069740
Price : $1,199,000
Square Footage : 9,800
Year Built : 2005
Lot Area : 1.13 Acre
Office Name : RE/MAX TITANIUM GROUP
Agent Name : Stephen Misciagno
Property Sub Type : Office
Roof : Tile
Listing Status : Expired
Agent info
Contact Agent