Sarasota's Premier Homes

401 E NORTH BOULEVARD

LEESBURG , FL 34748

MLS#: G5108765

$1,250,000

Status: Active
Listing number: G5108765
Listing provided by: RE/MAX TITANIUM GROUP
Listing agent phone: None
Last update: 9 days ago
On site: 9 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2005

Sq.Footage

9,800

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete, Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    1.13

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $1,250,000

  • Tax Amount

    $20,172

  • Sq. Footage

    9, 800

  • Price/SqFt

    $127

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Corporation

  • Sewer

    Public Sewer

  • Tax Lot

    7

  • Water Source

    Public

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Location

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Elementary School

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Listing Courtesy of Stephen Misciagno , RE/MAX TITANIUM GROUP

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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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.

401 E NORTH BOULEVARD

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