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3470 US Highway 17 N 2,886 SF 50% Leased Retail Building Bartow, FL 33830 $1,043,644 CAD ($361.62 CAD/SF) 9% Cap Rate
Investment Highlights
- Multi-Tenant Investment Property with Two Lots
- Restaurant $950.00 a month
- Adjacent land lease in place generating $850/month in gross revenue.
- Store $2,500 a month
Executive Summary
Two Lots for sale 3468-3470. Investors don't miss this amazing opportunity to purchase a business with lots of potential, located in Polk county on US Hwy 17. There is one building that can be used as a convenience store on one side and a restaurant on the other side. A third business is a car lot with a small office space that is currently rented for $850 a month is the lot next door. There is potential for a total of 3 businesses on this commercial property. A separate smaller building is currently used as storage/shed. This is a great opportunity whether you are looking to expand your portfolio or start a new venture, this property is a fantastic investment. Contact us today for more details!
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$13,915
|
$4.82
|
| Other Income |
$14,734
|
$5.11
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$28,649
|
$9.93
|
| Taxes |
$4,775
|
$1.65
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,775
|
$1.65
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $13,915 |
| Annual Per SF | $4.82 |
| Other Income (CAD) | |
|---|---|
| Annual | $14,734 |
| Annual Per SF | $5.11 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $28,649 |
| Annual Per SF | $9.93 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,775 |
| Annual Per SF | $1.65 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $4,775 |
| Annual Per SF | $1.65 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,886 SF
Building Class
C
Year Built/Renovated
1979/2025
Price
$1,043,644 CAD
Price Per SF
$361.62 CAD
Cap Rate
9%
NOI
$93,928 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Zoning
Commercial - COMMERCIAL/INDUSTRIAL
Parking
15 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
287’ on U.S. 17
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Red Holdings, LLC
- Services
- 100 SF
- -
- Jun 2029
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Red Holdings, LLC | Services | 100 SF | - | Jun 2029 |
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Total Assessment | $288,500 CAD (2025) | |
| Land Assessment | $49,488 CAD (2025) | Annual Taxes | $4,775 CAD ($1.65 CAD/SF) |
| Improvements Assessment | $6,824 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$49,488 CAD (2025)
Improvements Assessment
$6,824 CAD (2025)
Total Assessment
$288,500 CAD (2025)
Annual Taxes
$4,775 CAD ($1.65 CAD/SF)
Tax Year
2024
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3470 US Highway 17 N
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