Pending
6

2400 SOUTH ST LEESBURG, FL 34748

$600,000

Bedrooms

Total Baths

Full Baths

700

Square Feet

1.29

Acres

1975

Year Built

85 days

On Website

Pending

Status

Self storage facility (all 40 units 12' X 20', not air conditioned) plus a 3,000 SF office/warehouse with 700 SF office and 2,300 SF warehouse that is clear span with 3 roll up doors (connected to self-storage facility and lease includes 2 adjoining units - #21/#42) thus 40 self storage units available For Lease). The office/warehouse is currently leased month to month but the Tenant wants to sign a new lease. The self-storage units are currently at a 70% occupancy rate (per current Rent Roll) thus creating opportunity for new owner to improve revenues. Cap Rate of 7.8% - see attached Financial Summary of property. Property is highly visible on South Street on the west side of Leesburg and convenient to The Villages.

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Details


Interior
Living Area
700 SqFt.

Building And Construction
Property Sub Type
Warehouse
Property Type
Commercial Sale
Year Built
1975

Exterior And Lot
Lot Size Acres
1.29
Lot Size Square Feet
56052
Zoning
C-2

Utilities
Cooling
Office Only

Area And Schools
City
Leesburg
County Or Parish
Lake

Financial Info
Buyer Agency Compensation
3%
Tax Annual Amount
$7,018.00
Tax Year
2020

Listing By GRIZZARD COMMERCIAL REALESTATE

MLS# G5044141

Data Last Updated 4:06AM - 9/28/2021

Stellar MLS

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