Address
401 E North BOULEVARD, LEESBURG, FL
Price
$ 1,199,000
Property Attributes
  • MLS#G5069740
  • TypeCommercial
  • CountyLAKE
  • CityLEESBURG
  • AreaLeesburg
  • Zip34748
  • StyleOffice
  • Year Built2005
  • Taxes$ 15319
  • Price$ 1,199,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9800
  • Lot Size1.13 Acres
Data Source:
Stellar MLS
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.

Price History
6/12/2023 Listed $1,350,000
9/29/2023 4% - $1,299,000
12/15/2023 4% - $1,250,000
3/21/2024 5% - $1,199,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities BB/HS Internet Capable,Electricity Available,Phone Available,Public,Water Connected
Roof Tile
Zoning C-3
Construction Materials Block,Concrete,Stucco
Year Built 2005
Electric 110 Volts
Property SubType Office
Tax Year 2021
Percent Ownership Corporation
County Lake
New Construction No
Property Type Commercial Sale
Facing Direction South
Status Active
Directions 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)
ModificationTimestamp 2024-06-08T15:22:11.097Z
City LEESBURG
Buyer Agent Compensation 2%
View Y/N No
MLS Area 34748 - Leesburg
Lot Size Units Acres
Lot Size Square Feet 49300
Waterfront Y/N No
Tax Annual Amount 15319.08
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5069740
Days on Market 341
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 7
Legal Description FROM SOUTHEAST CORNER OF SECTION 23 TOWNSHIP 19 SOUTH RANGE 24 EAST RUN SOUTH 89-52-00 WEST ALONG SOUTH LINE OF SAID SECTION 250 FEET FOR POINT OF BEGINNING,RUN NORTH 00-04-00 WEST 181 FEET,SOUTH 89-
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Flooring Carpet,Ceramic Tile,Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
LivingAreaSource Public Records

Exterior Features

Vegetation Mature Landscaping
Lot Features Oversized Lot
Water Source Public
Lot Size Area 1.1318
Foundation Details Slab
Number of Buildings 1
Building Area Total 9800
Lot Size Acres 1.13
Road Surface Type Paved,Asphalt,Concrete
Road Frontage Type Street Paved,Highway

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 $990K
$1.2M
Taxes
AVG $6,354
$15,319
Visits
AVG 224
263
Data Provided by Inside Real Estate®
Year Built
AVG 1969
2005

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