Active

711 S 14TH ST & 1425 SUMTER ST

LEESBURG FL, 34748

$1,850,000


$84.11 per sqft

Active

21,994 sqft

Commercial

Built in 1954

ATTRACTIVE INCOME/INVESTMENT OPPORTUNITY!!! TWO BUILDINGS FOR SALE, BOTH OCCUPIED BY SAME TENANT, CAP RATE APPROXIMATELY 5%, leases are (NN) double net. Building #1 is 17,434 sq ft and is located directly on 14th St/US 27 and consists of main showroom, multiple offices, numerous restrooms, large air conditioned stock/supply room and also warehouse areas with 2 bay doors. Excellent visibility and easy access on 14th St/US 27 with 25,500 AADT traffic count and plenty of parking. Building #2 is a 4,500 sq ft metal warehouse built in 2000 with restroom and 4 grade level bay doors and is fully fenced. Owners would prefer to sell both buildings together but will consider selling separately as well. GREAT INCOME/INVESTMENT OPPORTUNITY!!! All information is believed to be accurate and correct but not guaranteed or warranted and should be verified by buyer to their satisfaction.

G5084008

MLS ID

June 27, 2024

Listed

October 10, 2024

Updated

Map

711 S 14TH ST & 1425 SUMTER ST
LEESBURG FL, 34748

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Office Only, Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.35 Acres

Other Property Details

Area Name

34748 - Leesburg


Taxes

$17,036


Tax Frequency

Annually


Days on Market

89


Association Fee Frequency

Monthly


Garage

No


View

No


County

Lake


Municipality

19S


Pool

No


Zoning

C-3

Listing History

Date

Event

Price

9/24/2024

Price change

$1,850,000

-8%

Listed by MORRIS REALTY AND INVESTMENTS
Listing Contact: 352-435-4663 

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Data last updated 10/10/2024, 3:16 AM UTC

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