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Gelfand Realty Miami Properties - Commercial

901 N GROVE ST, EUSTIS, FL 32726

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Commercial -

901 N GROVE ST, EUSTIS, FL 32726

Sold Price$530,000 Asking Price$695,000

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  • Days on market:

    125 day(s)
  • Original Price:

    $695,000
  • Price per sqft:

    $140.29
  • Tax Legal Description:

    EUSTIS, NORTHSHORE LOTS 15, 16, BLK 13, E 1/2 OF THAT | PORTION OF GROVE ST LYING N OF PENDLETON AVE & N OF EUSTIS |
  • Tax Year:

    2019
  • Property Type:

    Commercial
  • Lease Term Remaining:

    24 Months
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Special Listing Conditions:

    None

Description

$695,000 • living size area 4954 sqft

Cash cow spectacular visibility and location! property has its own turn lane on busy main street and 30+ parking spaces! 5000 +/- sq ft. originally built as medical. currently 75% leased. tenants need 30 days notice or will sign new lease, so property can be owner occupied or leased. $3900 current income. when back space is leased, total income will be $5900 creating a 9% cap currently at 6.5 cap. great location with signage on state rd 19 in eustis, booming lake county. listing contains two lots. huge parking lot. very pleasant views of pond which is maintained by the city. 3rd lot available next door also.
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