Active

$1,150,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 1677 sq ft
Overview
  • ID: MFRS5092011
  • Bedrooms:
  • Bathrooms: 0
  • Size: 1677 sq ft
Property Details
Remarks
NEW PRICE, reflecting the exceptional value and income-generating potential of this property. Don't miss this rare opportunity to own a VERSATILE COMMERCIAL PROPERTY with existing rental income and the opportunity for further expansion. Located in growing Lake Alfred, Florida! Property Highlights- EXCELLENT LOCATION Accessibility: Lake Alfred's strategic location offers easy access to major East/West and North/South routes via the I-4 and U.S. Hwy 27 corridors. You'll be perfectly positioned between Tampa, Orlando. Property is located on TWO PARCELS, BOAST OF THREE BUILDINGS that offer a diverse range of possibilities, currently BUILDING #1 This investment opportunity is secured with a five-year lease option to renew. Don't miss out on this, A going concern, business, and great potential, thanks to the new concept of Sal's Pizzeria AND LEASED, GENERATING $3000 per month, Step into this inviting indoor pizzeria, boasting 35 seats, and experience the finest culinary delights Lake Alfred has to offer. BUILDING#2 is tenant occupied on a month to month basis, providing steady rental income of $900 a month. BUILDING #3 is being used as personal use/storage. To learn more about this exciting opportunity, including financial details and to ensure confidentiality, please call us to request a Non-Disclosure Agreement (NDA). Take the first step towards a prosperous future by exploring this exceptional investment in Lake Alfred, Florida.
Financial Considerations
Price:
$1,150,000
HOA Fee:
N/A
Tax Amount:
$2657.21
Price per SqFt:
$685.75
Tax Legal Description:
REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOTS 6 THRU 8 S 15 FT LESS E 6 FT OF LOT 6 & W 140 FT OF 9 & NLY 7 FT OF ELY 12.7 FT OF WLY 152.7 FT OF LOT 9/PID:26-27-32-507000-000062 and REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOT 5 S 15 FT W 45 FT & LOT 9 LESS W 140 FT & LESS E 5 FT THEREOF & LESS NLY 7 FT/ PID: 262732507000000051
Exterior Features
Lot Size:
21780
Lot Features:
Central Business District, Fire Hydrant, Sidewalk, Street Lights, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 13 to 18
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
Refrigerator
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Restaurant
Style:
N/A
Year Built:
1962
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    228 S LAKE SHORE WAY
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