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$600,000 • living size area 700 sqft
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.Commercial -
2400 S, LEESBURG, FL 34748
Date Sold 10-29-2021
Sold Price$640,000 Asking Price$600,000
Share by:
- Living 700sqft
- Lot size 56052sqft
- Taxes: Register to see
- Year Built 1975
-
Days on market:
29 day(s) Original Price:
$575,000-
Price per sqft:
$857.14 Tax Legal Description:
BEG 210 FT N & 20 FT W OF SE COR OF NE 1/4 OF SE 1/4, RUN W 325 FT, S TO HWY 468, E ALONG HWY 315 FT, N 60 FT, E 10 FT, N 110 FT TO POB ORB 780 PG 1055, ORB 1735 PG 309 ORB 4264 PG 1139Tax Year:
2020-
MLS:
G5044141 -
Property Type:
Commercial
Construction Type:
Block Metal FrameRoof:
MetalCooling Description:
A/C - Office OnlySpecial Listing Conditions:
None
Description
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