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711 14th St & 1425 Sumter St, LEESBURG, FL 34748
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711 14th St & 1425 Sumter St
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Would you like to sell your current home before you purchase this one? Click Here Like this Property? Submit an Offer Now
Priced at Only: $2,000,000
For more Information Call: (352) 279-4408
Address: 711 14th St & 1425 Sumter St, LEESBURG, FL 34748
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  • MLS#: G5084008 ( Commercial Sale )
  • Street Address: 711 14th St & 1425 Sumter St
  • Viewed: 10
  • Price: $2,000,000
  • Price sqft: $91
  • Waterfront: No
  • Year Built: 1954
  • Bldg sqft: 21994
  • Days On Market: 83
  • Acreage: 1.35 acres
  • Additional Information
  • Geolocation: 28.805 / -81.8881
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34748
  • Subdivision: Leesburg Clearview Terrace
  • Provided by: MORRIS REALTY AND INVESTMENTS
  • Contact: Scott Strem
  • 352-435-4663
  • DMCA Notice
  • Description
    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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Office Only, Central Air
  • Heating: Central
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Legal Description: LEESBURG CLEARVIEW TERRACE BEG AT NW COR OF LOT 11 BLK D RUN E TO NE COR LOT 26 S 41.15 FT W TO W LINE OF LOT 11 N 40.3 FT TO POB--LESS E 24.8 FT--LOTS 12 13 14 15--LESS HWY R/W--LOT 27--LESS E 24.8 FT--LOTS 28 29 30--LESS HWY R/W--BLK D PB 8 PG 3 OR B 1001 PG 45 ORB 1371 PG 477
  • Area Major: 34748 - Leesburg
  • Parcel Number: 27-19-24-0400-00D-01100
  • Views: 10
  • Zoning Code: C-3
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Nearby Subdivisions
Leesburg   Leesburg 14th St   Leesburg Citrus Park   Leesburg Clearview Terrace   Leesburg Hanson Add 02   Leesburg N Main St   Monroe Park  
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  1. Tropic Shores Realty
  2. A Winning Team
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com