708 US 27 S - Warehouse FOR SALE


Lake Placid, FL 33852
$849,900 USD
863-381-4932
708 US 27 S, Lake Placid, FL for Sale
$849,900 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

May '27


708 US 27 S
Lake Placid, FL 33852


HIGHLIGHTS

  • Prime Hwy US 27 Lake Placid Retail/Storage Facility Priced Below Replacement Value Fast Sale!
  • Bring Your Business to This Prime Retail/Storage User Property/Income while you Grow!
  • Don’t Wait For Costly Time Consuming Permits & Bld Costs/9700+SF Ready NOW!
  • Prime Location By Major Retailers:Wendy’s,Advanced Auto,McDonald’s/Evict current temp tenants/Refurbish to NeedsCreatingHighestValues!

OVERVIEW

Prime Retail(4650SF) / Storage Facility(30 Units) On US 27 & Wirick Rd Lake Placid @ Only $150 per Sq.Ft(Bld w/Lnd) for Fast Sale! Significantly below replacement value(up to 1/2 price). This commercial property consists of 4 structures, containing the addresses: 708 - 714 US 27 S, Lake Placid. The front building facing US 27 is a 4650 SF Retail Building with 4 store fronts. This building can be used as 1 space or divided into 4 individual spaces. There are 3 buildings at the back with access from Wirick Rd - which consists of 30 Mini Storage Units. There is also an upside potential of adding more storage units or adding RV/Boat storage at the back of the building. The storage units are secured with a 6-foot-high chain link fence and a locking gate. Currently all rents are below market. There are 21 parking spaces in the front with additional parking in the rear. Must sign a confidentiality agreement to receive any additional information. This is an ideal facility for a user/ business owner to occupy the space you need for your growing business while leasing the balance for additional income to go with your appreciation of increasing potential values.

FOR SALE DETAILS

PRICE

$849,900 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Freestanding, Storefront, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.78

LAND SF

33,977

ZONING

C-1

APN/PARCEL ID

P-06-37-30-020-0010-0000

ASK ABOUT THIS PROPERTY

Gregory KarlsonAdvantage Realty #1More Info
863-381-4932

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Gregory KarlsonAdvantage Realty #1More Info
863-381-4932

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