749 S Central Ave - Storefront Retail/Office FOR SALE


Umatilla, FL 32784
$2,500,000 USD
321-689-8000
749 S Central Ave, Umatilla, FL for Sale
$2,500,000 USD
Storefront Retail/Office - FOR SALE
1/47
null | Request Cap Rate

749 S Central Ave
Umatilla, FL 32784


HIGHLIGHTS

  • NEW ROOF, NEW AWNINGS, NEW HVAC, NEW BATHROOMS, NEW GUTTER SYSTEM, HALF OF THE CENTER HAS NEW FRONT ENTRANCES
  • 6 units with Many Long Time Established Tenants!! Individually metered units (Water and electric)
  • REDUCED $250,000 For IMMEDIATE SALE!! The Sellers said to REDUCE the Price by $250,000 to their BOTTOM-LINE BEST PRICE IMMEDIATELY for the 1st Buyer!!
  • Great Location with Super Visibility at an INCREDIBLE PRICE to Sell IMMEDIATEL!!
  • ABSOLUTELY INCREDIBLE INVESTMENT OPPORTUNITY FOR A RENOVATED SHOPPING CENTER AT A HUGELY DISCOUNTED PRICE!!
  • Additional Acreage for Expansion for 20,000 SF Building......Great Location for a Cash Wash!!

OVERVIEW

Commercial Real Estate Professionals, Inc and Mark Allen are pleased to offer this Recently RENOVATED Retail Strip Center For Sale! This Renovated Shopping Center has NEW HVAC units, NEW Roof plus Awnings. Awnings and Gutter system are NEW, Most of the Electrical is NEW, and all firewalls have been brought up to date. Nearly Half of the Center Front Area has been Replaced and Redone as NEW. The center is LEASED with Many Long-Time Tenant Occupants!! REDUCED $250,000 For IMMEDIATE SALE!! The Sellers said to REDUCE the Price by $250,000 to their BOTTOM-LINE BEST PRICE IMMEDIATELY for the 1st Buyer to Accept!! The Longtime Childcare Tenant is going to have a Brand-New Lease INCREASING their Rent $2 MORE per square foot for Year #1, Adding a $500 per month CAM Fee, with an Annual Increase of $1 per square foot each year going forward, and becoming a NNN Lease in Year #2. The Center Consists of 6 UNITS. Each unit has Individual Meters for Water and Electric. Owners are Managing the Center. There is additional Land for Expansion and Further Development for another 20,000 SF or possibly even a Car Wash Site!! ABSOLUTELY INCREDIBLE INVESTMENT OPPORTUNITY FOR A RENOVATED SHOPPING CENTER AT A HUGELY DISCOUNTED PRICE!!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renovated + PRE-LEASED Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

PUD

APN/PARCEL ID

23-18-26-0100-000-00A00

ASK ABOUT THIS PROPERTY

Mark AllenCommercial Real Estate Professionals, IncMore Info
321-689-8000

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Mark AllenCommercial Real Estate Professionals, IncMore Info
321-689-8000

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