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Commercial - ACREAGE & UNREC

1700 S, LEESBURG, FL 34748

Sold Price$550,000 Asking Price$599,000

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  • Days on market:

    202 day(s)
  • Original Price:

    $725,000
  • Price per sqft:

    $88.91
  • Tax Legal Description:

    BEG 25 FT E & 40 FT N OF SW COR OF NE 1/4 OF SE 1/4, RUN N 285 FT, W 25 FT, N 327 FT, E 125 FT, N 250 FT, E 215 FT, S 50 FT, E TO RR R/W, SW'LY ALONG R/W TO PT E OF POB, W TO POB ORB 4542 PG 36
  • Tax Year:

    2020
  • Property Type:

    Commercial
  • Construction Type:

    Wood SidingVinyl Siding Metal Siding
  • Cooling Description:

    Wall/Window Unit(s)
  • Special Listing Conditions:

    None
  • Lot Features:

    Sidewalk Street LightsCity Lot

Description

$599,000 • living size area 6737 sqft

Located in an opputunity zone. property consist of 5 parcels with the main parcel being 7.5 acres with a 7,456 sf warehouse (vacant) with a new roof and situated on 1 +/- acres on south street with c-3 zoning. the back portion of this parcel is 6.5 acres (mostly wetlands) with r-2 zoning and has a 2,685 sf duplex that is rented (parcel has split zoning, per leesburg p&z). the remaining 4 parcels adjoining to the west are zoned r-1 and includes a duplex (storage at this time) and two single family homes (rented) with additional frontage on south st. the current rental income from the four residential units is $3,000/month. former business inventory not included.

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