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Multi Family - LEESBURG CLEARVIEW TERRACE for Sale

727 S 14TH, LEESBURG, FL 34748

Asking Price$1,750,000

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  • Days on market:

    63 day(s)
  • Original Price:

    $1,750,000
  • Price per sqft:

    $125.15
  • Tax Legal Description:

    LEESBURG CLEARVIEW TERRACE LOTS 8 9 10 LOTS 23 24 25 BLK D --LESS HWY --BEG AT SW COR OF LOT 11 BLK D RUN N 9.7 FT E 210 FT S 8.85 FT W ALONG LOT LINES TO POB PB 8 PG 3 ORB 6255 PG 198
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Special Listing Conditions:

    None

Description

$1,750,000 • living size area 13983 sqft

The main building is a 14,479 sq ft commercial building located directly on hwy 27 with over 300 feet of frontages and an average daily traffic volume of 26,500 trips, according to the fdot website. this exceptional offering includes four properties, all zoned c3/ highway commercial, providing significant versatility for a diverse range of commercial uses. the main building consists of over 20 private offices, multiple conference and storage rooms, a warehouse equipped with a roll-up bay door, several restrooms, and a fenced in parking area. this building could be made into two units with independent parking and entrances. there is an existing firewall and two monuments’ signs. the adjacent 0.67-acre commercial parcel with direct frontage on hwy 27, presenting an optimal opportunity for expansion or future development. both parcel and property benefit from dual ingress and egress points via hwy 27 and lynch avenue to the rear of the property. other features include a long-range radio tower, a substantial walk-in safe, city utilities, and access to public transportation close by. also included with the offering is a 750 sq ft, two bedrooms and one-bathroom, residential home located at 715 lynch avenue and a 0.10-acre vacant parcel at 713 lynch ave, positioned to the rear of the main commercial building. this property offers potential for on-site residential use, generates rental income, additional parking or can be developed into additional commercial space. this property’s central location with high visibility and easy accessibility makes it a great location for your business. property 1: main building (alt key # 1346819), property 2: adjacent commercial lot (alt key # 1346801), property 3: residential home (alt key # 1346754), property 4: vacant lot (alt key # 1346762)

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