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390 N Bridge St 5,400 SF 100% Leased Retail Building LaBelle, FL 33935 $1,281,484 CAD ($237.31 CAD/SF)
Investment Highlights
- Two 1,500+/- SF Retail Spaces
- Two 600+/- SF Offices
- Two 800+/- SF 1 BR Apartments
Executive Summary
HISTORIC MULTI-USE 5400 SF LANDMARK BLDG LOCATED AT FOOT OF BRIDGE ON HIGHWAY 29 AT ENTRANCE OF DOWNTOWN LABELLE! Let your building be your billboard on this high visibility one half-acre location with 3 street frontages, including Hwy 29 and Main Street! Originated in 1920 as LaBelle’s first bank, this sturdy, well-built structure is concrete block & stucco with a 2018 roof and multiple central air conditioning units. It is two stories with ground level currently configured as two 1500+/- SF retail spaces, which could easily be combined into a single space for a spectacular destination restaurant, event center or professional office. This business opportunity is multi-faceted with interior and exterior staircases (plenty of room for an elevator) to the upstairs. The second floor currently consists of four units, two approximately 800+/- SF 1 BR apartments and two 600+/- sf offices, all with private baths. The half-acre tract is cleared and partially fenced with a large storage shed. THIS HISTORIC LANDMARK IS AN INVESTOR’S DREAM OPPORTUNITY WITH INCOME POTENTIAL FROM MULTIPLE USES AND LOCATION-LOCATION-LOCATION!
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1920
Price
$1,281,484 CAD
Price Per SF
$237.31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.24
Lot Size
0.51 AC
Zoning
LB-B-1
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Storage Space
- Air Conditioning
Nearby Major Retailers
1 of 53
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390 N Bridge St
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