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    1421 Us 27 N

    Sebring, FL 33870
    • $399,900
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 244701
    UPDATED: 60 min ago
    $399,900
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1975
    County:
    Area:

    School Ratings & Info

    Description

    Prime Retail Building Across Hwy from Olive Garden, Newest Shopping Center/ Big Box Retailers like Lowe's! 5768 Total Sq/Ft divided into 3 retail spaces:Commuter Store/ Spa & Vacant 2,500SF. Great income property with 10% Proforma Cap Rate! Ideal property to purchase as an investment income property to enjoy the great return or use part with the remainder of rental income to pay mortgage. Currently vacant & will do a progressive lease structure starting with year 1:1500SF @ $1,200/m;middle 300SF @ $300/m;2500SF @$2,500/m plus sales tax/utilities.

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    © 2020 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2020-08-13T14:42:36.783.
    www.comptonrealty.com/homes/107937795
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    1421 Us 27 N Sebring, FL 33870

    • Price: $399,900
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 244701
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    1975
    Built
    County:
    Highlands
    Area:
    Highlands
    Property Description
    Prime Retail Building Across Hwy from Olive Garden, Newest Shopping Center/ Big Box Retailers like Lowe's! 5768 Total Sq/Ft divided into 3 retail spaces:Commuter Store/ Spa & Vacant 2,500SF. Great income property with 10% Proforma Cap Rate! Ideal property to purchase as an investment income property to enjoy the great return or use part with the remainder of rental income to pay mortgage. Currently vacant & will do a progressive lease structure starting with year 1:1500SF @ $1,200/m;middle 300SF @ $300/m;2500SF @$2,500/m plus sales tax/utilities.
    Exterior Features

    Architectural Style One Story Construction Materials BlockConcrete Levels One Lot Features Interior Lot Lot Size Dimensions irreg Parking Features Paved Road Surface Type Paved Roof Shingle

    Interior Features

    Building Area Total 5768 Building Features Private Restrooms Cooling Central Air Cooling YN Yes Flooring CarpetVinyl Heating CentralElectric Heating YN Yes Window Features Display Window(S)

    Property Features

    Association Fee 0 Frontage Length 0 Gross Income 0 Listing Terms CashConventionalOwner May Carry Net Operating Income 0 Operating Expense 0 Property Condition Good ConditionResale Property Sub Type Business Sewer None Special Listing Conditions None Tax Annual Amount 4498 Tax Year 2017 Utilities Phone ConnectedSewer Not Available Water Source PrivateWell

    © 2020 Heartland Association of Realtors


    © 2020 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2020-08-13T14:42:36.783.
     
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    Compton Realty
    518 US 27 South
    Lake Placid FL, 33852