$849,900

$88/sq ft

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Overview

Year Built

1979

Sqft

9650

Property Type

Retail

Property Description

Prime Retail(4650SF) / Storage Facility(30 Units) On US 27 & Wirick Rd Lake Placid @ Only $150 / Sq.Ft(Bld w/Lnd) for Fast Sale! Significantly below replacement value(up to 1/2 price). This commercial property consists of 4 structures, containing the addresses: 708 - 714 US 27 S, Lake Placid. The front building facing US 27 is a 4650 SF Retail Building with 4 store fronts. This building can be used as 1 space or divided into 4 individual spaces. There are 3 buildings at the back with access from Wirick Rd - which consists of 30 Mini Storage Units. There is also an upside potential of adding more storage units or adding RV/Boat storage at the back of the building. The storage units are secured with a 6-foot-high chain link fence and a locking gate. Currently all rents are below market. There are 21 parking spaces in the front with additional parking in the rear. Must sign a CA to receive any additional information. This is an ideal facility for a user/ business owner to occupy the space you need for your growing business while leasing the balance for additional income to go with your appreciation of increasing potential values.

Property Details

MLS#

L4961986

Total Floor in Bldg

1

Address

708 US 27

City

Lake Placid

State/county

FL

Zip/Postal Code

33852

Area

Floral Homes Rep

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$10,097

Maint Fee

$--

Tax Year

2025

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Boris Gelfand