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Investment Highlights

  • High-street retail asset
  • $201,225.30 NOI
  • Mix medical and retail regional operators
  • 8.05% Cap Rate at Time of Sale
  • 16,736 Gross SF building
  • Zoned Commercial medical/retail

Executive Summary

Introducing a prime opportunistic investment in the heart of downtown Eustis, FL. This meticulously renovated 16,736 SF commercial property offers 8 individual units built in 1904 and thoughtfully updated in 2024, providing a seamless blend of historical charm and modern functionality. With a desirable 100% occupancy rate and immediate value-add, this gem is ripe for immediate returns. Zoned for medical and retail uses, the property presents an enticing prospect for medical/retail building investors seeking a well-positioned, income-generating asset. Don't miss the chance to add this distinguished property to your portfolio and capitalize on the long term value-add available in the current structure.
Nestled in the vibrant heart of Downtown Eustis near the lake, this prime 100% leased property offers a walkable Medical/Retail environment. The area boasts a walkable commercial landscape with an array of dining establishments, retail shops, and professional services, creating a magnet for foot traffic and potential customers. Nearby landmarks such as Ferran Park, Foxtail Coffee, Ace Hardware, City Paddleboats, and Eustis City Hall contribute to the lively ambiance, making it an attractive destination for both businesses and retail clientele alike. As a mixed-use retail/office building investor, you'll appreciate the strategic positioning of the property within this thriving market, ensuring optimal visibility and accessibility for potential tenants or clients.
The property sits directly adjacent to a public parking lot at the hard corner of Eustis Street and East Orange Avenue. With access to the walkability of Downtown Eustis and the direct frontage on the area's highest traffic street, this site offers an ideal opportunity for strategic investors seeking value-add investments with long-term upside.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
14,896 SF
Building Class
C
Year Built/Renovated
1904/2025
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,896 SF
Building FAR
0.90
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
CBD - Central business district (CBD). This land use designation has a mix of commercial, public/institutional and retail uses.
Parking
6 Spaces (0.4 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Liberate Well
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Liberate Well Health Care and Social Assistance 99,999 SF - Lorem Ipsum -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 16
  • 1,756 SF
  • Office/Medical
  • Full Build-Out
  • Now

Move-in Ready former chiropractor's office, directly fronting the highly walkable Eustis St.

  • 1st Fl-Ste 18
  • 1,644 SF
  • Retail
  • Full Build-Out
  • Now

This move-in ready 1644 SF retail space offers an ideal floor plan for a wide variety of users. Embrace the unique character and quaint charm of the area, where your retail venture can thrive amidst the historical architecture and scenic waterfront.

Space Size Space Use Build-Out Available
1st Fl-Ste 16 1,756 SF Office/Medical Full Build-Out Now
1st Fl-Ste 18 1,644 SF Retail Full Build-Out Now

1st Fl-Ste 16

Size
1,756 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 18

Size
1,644 SF
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 16

Size 1,756 SF
Space Use Office/Medical
Build-Out Full Build-Out
Available Now

Move-in Ready former chiropractor's office, directly fronting the highly walkable Eustis St.

1st Fl-Ste 18

Size 1,644 SF
Space Use Retail
Build-Out Full Build-Out
Available Now

This move-in ready 1644 SF retail space offers an ideal floor plan for a wide variety of users. Embrace the unique character and quaint charm of the area, where your retail venture can thrive amidst the historical architecture and scenic waterfront.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
11-19-26-0100-055-01300
Land Assessment
$393,068 CAD
Improvements Assessment
$951,241 CAD
Total Assessment
$1,344,309 CAD
  • Listing ID: 40351924

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 2-18 N Eustis St, Eustis, FL 32726

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