80 N Central Ave - Storefront Retail/Residential FOR SALE


Umatilla, FL 32784
$1,250,000 USD
313-887-4410
80 N Central Ave, Umatilla, FL for Sale
$1,250,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | 5.2% Cap Rate

80 N Central Ave
Umatilla, FL 32784


OVERVIEW

Exceptional income-producing mixed-use property located in the heart of downtown Umatilla. This well-maintained 10-unit building features a desirable blend of 6 residential apartments and 4 commercial storefronts, offering diversified revenue streams and strong investment potential. The property underwent a comprehensive renovation approximately 10 years ago, including extensive updates down to the studs, providing investors with the benefits of modernized systems, improved functionality, and reduced maintenance concerns. The commercial spaces are currently leased, creating immediate income, while the residential units contribute additional stable cash flow. Situated in a highly visible downtown location with convenient access to local businesses, dining, and community amenities, this property presents an excellent opportunity for investors seeking a turnkey mixed-use asset in a growing Central Florida market. Highlights include: 10 total units (6 residential / 4 commercial) Established income-producing property Commercial spaces leased Major renovation completed approximately 10 years ago Downtown location with strong visibility and accessibility Diversified tenant mix Ideal addition to an investment portfolio Whether you're expanding your portfolio or seeking a stable mixed-use investment, this downtown Umatilla property offers long-term income potential and value appreciation opportunities.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C1

APN/PARCEL ID

13-18-26-2900-000-00300

ASK ABOUT THIS PROPERTY

Chris StearnsSimply Managed FloridaMore Info
313-887-4410

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Chris StearnsSimply Managed FloridaMore Info
313-887-4410

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