535 College Dr - Retail FOR SALE


Middleburg, FL 32068
$330,900 USD
904-806-1218
535 College Dr, Middleburg, FL for Sale
$330,900 USD
Retail - FOR SALE
1/19
null | 5.25% Cap Rate

NEW


535 College Dr
Middleburg, FL 32068


HIGHLIGHTS

  • Heavy daytime traffic counts.
  • Key location.
  • Redevelopment Opportunity

OVERVIEW

Prime Location on high traffic College Drive near CR220. Well known, established feed store is closing and owner is retiring. This property is sold mainly for it's land value, but the building could be renovated or at least the footprint utilized for grandfathering impact fees and storm water detention. Buyer should do own due diligence. Land would be suitable for redevelopment for a small office, drive through coffee or donut shop, small shop, or many other uses. Thought this is a well established, well know business, no consideration for any business value is given in this price. Great opportunity for redevelopment or to take over an existing feed store that has been a mainstay in the Middleburg area for over 25 years. Building needs renovations, is functional, and the lot and location have great ingress and egress, close to a major intersection. Zoned BA. (Neighboorhood Business). This is an operating though liquidating business. Please do not go on property without confirmed showing appointment. Property has well and septic but full public utilites could be accessed. Seller has no surveys, studies or documents and will not provide any. SOLD AS-IS. Please schedule showings by calling one of the listing agents. Building is functional but give no value.

FOR SALE DETAILS

PRICE

$330,900 USD

PRICE/SF

$249 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Doctors Inlet Feed & Pet Supply

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Loft/Creative Space, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

BA

APN/PARCEL ID

35-04-25-008261-001-00

ASK ABOUT THIS PROPERTY

Thomas HammondColdwell Banker Vanguard RealtyMore Info
904-806-1218

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Thomas HammondColdwell Banker Vanguard RealtyMore Info
904-806-1218

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