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Gelfand Realty Miami Properties - Commercial

2317 GRIFFIN, LEESBURG, FL 34748

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Commercial -

2317 GRIFFIN, LEESBURG, FL 34748

Sold Price$1,850,000 Asking Price$1,900,000

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  • Days on market:

    137 day(s)
  • Original Price:

    $1,900,000
  • Price per sqft:

    $111.84
  • Tax Legal Description:

    FROM NW COR OF SEC RUN E ALONG SEC LINE 574.37 FT, S 0DEG 15MIN 30SEC W 507 FT, N 89DEG 47MIN 00SEC W 134.53 FT FOR POB, RUN N 89DEG 47MIN 00SEC W 160 FT, N 00DEG 16MIN 10SEC E 250 FT, N 89DEG 47MIN 00SEC W TO CENTERLINE OF SR 44-A, NE'LY ALONG CENTERLINE & S'LY R/W SR 44-A TO A PT THAT IS N 00DEG 15MIN 30SEC E OF POB, S 00DEG 15MIN 30SEC W TO POB ORB 3947 PG 2200
  • Tax Year:

    2017
  • Property Type:

    Commercial
  • Construction Type:

    ConcreteCombination
  • Special Listing Conditions:

    None
  • Lot Features:

    Central Business District

Description

$1,900,000 • living size area 16988 sqft

7.4% cap rate - noi $140,019 - central florida income - investment. office warehouse / industrial distribution terminal - 19 units / total of 41,060+/- sf - 95% leased / occupied - c-2 zoning, city of leesburg - 4.47+/- acres, plenty of parking - city utilities - block construction, built 1980 - 1989 - property is well maintained & professionally managed - leases & tenant history available with a signed ca - lake county alt keys # 1809797, 1175372 & 2700548 located in the heart of central florida, excellent centralized service location, commercial zoning uses include office warehouse / warehousing distribution, front 10 units (1,500 sf each) are finished offices & warehouse. 9 units in back are mainly warehouse, some with office & restroom. property is minutes to the florida turnpike, i-75, us hwy 441 / 27 & 1 hour to orlando.

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