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3816 W Us-90 9,282 SF Retail Building Lake City, FL 32024 $2,752,946 CAD ($296.59 CAD/SF)
INVESTMENT HIGHLIGHTS
- Very Close to I-75 Exit
- Space available to develop and add Value
- Very busy Highway with local traffic too.
EXECUTIVE SUMMARY
Prime Location on a busy exit of Lake city on I-75 close to I-10 & I-75 Interchange junction.
Property consists of 3 buildings and portion of the property is vacant land for which Impact fees have been paid to build additional 20 rooms to the existing motel. The closed Convenience store and Gas Station can be revived and restarted. The Gas tanks are current, Inspected and Insured. If Local Authorities permit, instead of 20 rooms any other ancillary Uses can be developed on the Vacant portion of the property. Ideally Oil & Lube, Tire shop or a bigger convenience store with more pumping stations will be a good Value addition.
Property consists of 3 buildings and portion of the property is vacant land for which Impact fees have been paid to build additional 20 rooms to the existing motel. The closed Convenience store and Gas Station can be revived and restarted. The Gas tanks are current, Inspected and Insured. If Local Authorities permit, instead of 20 rooms any other ancillary Uses can be developed on the Vacant portion of the property. Ideally Oil & Lube, Tire shop or a bigger convenience store with more pumping stations will be a good Value addition.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,282 SF
Building Class
C
Year Built
1964
Price
$2,752,946 CAD
Price Per SF
$296.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.03 AC
Zoning
CHI - Commercial Highway Interchange allows many uses related to the Interstate Businesses. Also, can be annexed & rezoned in City for many other purposes.
Parking
20 Spaces (2.15 Spaces per 1,000 SF Leased)
Frontage
319’ on W Us-90
AMENITIES
- Dedicated Turn Lane
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 34-3S-16-02498-001 | Improvements Assessment | $215,322 CAD |
| Land Assessment | $917,955 CAD | Total Assessment | $1,133,277 CAD |
PROPERTY TAXES
Parcel Number
34-3S-16-02498-001
Land Assessment
$917,955 CAD
Improvements Assessment
$215,322 CAD
Total Assessment
$1,133,277 CAD
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3816 W Us-90
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