407-304-8485
2-18 N Eustis St, Eustis, FL for Sale
Medical - FOR SALE
1/6
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2-18 N Eustis St
Eustis, FL 32726


HIGHLIGHTS

  • High-street retail asset
  • 8.05% Cap Rate at Time of Sale
  • $201,225.30 NOI
  • 16,736 Gross SF building
  • Mix medical and retail regional operators
  • Zoned Commercial medical/retail

OVERVIEW

Introducing a prime opportunistic investment in the heart of downtown Eustis, FL. This meticulously renovated 16,736 SF commercial property offers 8 individual units built in 1904 and thoughtfully updated in 2024, providing a seamless blend of historical charm and modern functionality. With a desirable 100% occupancy rate and immediate value-add, this gem is ripe for immediate returns. Zoned for medical and retail uses, the property presents an enticing prospect for medical/retail building investors seeking a well-positioned, income-generating asset. Don't miss the chance to add this distinguished property to your portfolio and capitalize on the long term value-add available in the current structure. Nestled in the vibrant heart of Downtown Eustis near the lake, this prime 100% leased property offers a walkable Medical/Retail environment. The area boasts a walkable commercial landscape with an array of dining establishments, retail shops, and professional services, creating a magnet for foot traffic and potential customers. Nearby landmarks such as Ferran Park, Foxtail Coffee, Ace Hardware, City Paddleboats, and Eustis City Hall contribute to the lively ambiance, making it an attractive destination for both businesses and retail clientele alike. As a mixed-use retail/office building investor, you'll appreciate the strategic positioning of the property within this thriving market, ensuring optimal visibility and accessibility for potential tenants or clients. The property sits directly adjacent to a public parking lot at the hard corner of Eustis Street and East Orange Avenue. With access to the walkability of Downtown Eustis and the direct frontage on the area's highest traffic street, this site offers an ideal opportunity for strategic investors seeking value-add investments with long-term upside.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Eustis Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

CBD

APN/PARCEL ID

11-19-26-0100-055-01300

ASK ABOUT THIS PROPERTY

Josiah MooreMillenia PartnersMore Info
407-304-8485

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Josiah MooreMillenia PartnersMore Info
407-304-8485

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.