390 N Bridge St - Storefront Retail/Office FOR SALE


LaBelle, FL 33935
$950,000 USD
863-673-0829
390 N Bridge St, LaBelle, FL for Sale
$950,000 USD
Storefront Retail/Office - FOR SALE
1/52
null | Request Cap Rate

390 N Bridge St
LaBelle, FL 33935


HIGHLIGHTS

  • Two 1,500+/- SF Retail Spaces
  • Two 800+/- SF 1 BR Apartments
  • Two 600+/- SF Offices

OVERVIEW

HISTORIC MULTI-USE 5400 SF LANDMARK BLDG LOCATED AT FOOT OF BRIDGE ON HIGHWAY 29 AT ENTRANCE OF DOWNTOWN LABELLE! Let your building be your billboard on this high visibility one half-acre location with 3 street frontages, including Hwy 29 and Main Street! Originated in 1920 as LaBelle’s first bank, this sturdy, well-built structure is concrete block & stucco with a 2018 roof and multiple central air conditioning units. It is two stories with ground level currently configured as two 1500+/- SF retail spaces, which could easily be combined into a single space for a spectacular destination restaurant, event center or professional office. This business opportunity is multi-faceted with interior and exterior staircases (plenty of room for an elevator) to the upstairs. The second floor currently consists of four units, two approximately 800+/- SF 1 BR apartments and two 600+/- sf offices, all with private baths. The half-acre tract is cleared and partially fenced with a large storage shed. THIS HISTORIC LANDMARK IS AN INVESTOR’S DREAM OPPORTUNITY WITH INCOME POTENTIAL FROM MULTIPLE USES AND LOCATION-LOCATION-LOCATION!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

LB-B-1

APN/PARCEL ID

2-29-43-01-010-0005-001.0,2-29-43-01-010-0005-002.0

ASK ABOUT THIS PROPERTY

Sherri DenningSouthern Heritage Real Estate & Investments, Inc.More Info
863-673-0829

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Sherri DenningSouthern Heritage Real Estate & Investments, Inc.More Info
863-673-0829

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