$825,000
$899,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
6,420 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,420 sqft
Price per Sqft $128
MLS Listing ID O6178370
Sold Date 11/15/24
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Annual Tax Amount $6,445
Lot Size 1.390 Acres
Acres 1.39
Property Description
Superb location with a super flexible zoning classification, this property features close to an acre and a half of land, with three structures at the US 92 E (Memorial Blvd) and Fish Hatchery Road intersection in Lakeland. Although there are 3 buildings on site, there is ample room for additional development.
Located on US 92 East, also known as Memorial Blvd, this site is within 10 minutes of downtown Lakeland, major roadways including the Polk Parkway and close to Auburndale, Winter Haven, Lake Alfred and Haines City. US 92 runs east and west through Florida between Tampa and Daytona.
Recently used as a car lot, (the owner is based in N.C. and will concentrate his operation there), the LCC (Linear Commercial Corridor) zoning allows for retail, office, restaurant, gas stations, and many other uses, including auto dealerships and similar operations.
The front building is 3,000 square feet with a wide open plan, perfect for several sales desks, and a reception and activity area for clients. There are two private offices in the rear of the building, a staff kitchen area, and two bathrooms. The building is well maintained, clean and well laid out, with tile throughout.
The second building is a 2,500 SF warehouse with (3) three newer roll up doors, and wide open space in the building itself. There is a small reception area with a private office and one bathroom. The auto repair equipment is negotiable - there are 3 newer Atlas lifts, and Ingersoll Rand 7.5 HP compressor and Atlas wheel balancer and tire changer. Lastly, there is additional storage space in a second story loft.
The single family home on the property could easily be re-utilized as another use, but as it stands, it is a 3 bedroom, 1 bath home with a metal roof, an open plan living dining area, and a large kitchen with a pass through counter. The home needs some love, but could easily be monetized.
The main entrance to the property is on US 92, and there is also an additional entrance through Thompson Road.
Location
State FL
County Polk
Zoning C-3
Direction E
Interior
Heating Central, Heat Pump, None
Cooling Central Air, None, Wall/Window Unit(s)
Flooring Concrete, Tile
Exterior
Garage Parking Spaces - 19 to 30, Common
Utilities Available Public
Waterfront false
Roof Type Membrane,Metal,Shingle
Building
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Structure Type Block,Metal Frame,Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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