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727 S 14th St 14,479 SF 100% Leased Office Building Leesburg, FL 34748 $2,420,932 CAD ($167.20 CAD/SF)



EXECUTIVE SUMMARY
The Main Building is a 14,479 sq ft commercial building located directly on Hwy 27 with over 300 feet of frontages and an average daily traffic volume of 26,500 trips, according to the FDOT website. This exceptional offering includes four properties, all zoned C3/ highway commercial, providing significant versatility for a diverse range of commercial uses. The main building consists of over 20 private offices, multiple conference and storage rooms, a warehouse equipped with a roll-up bay door, several restrooms, and a fenced in parking area. This building could be made into two units with independent parking and entrances. There is an existing firewall and two monuments’ signs. The adjacent 0.67-acre commercial parcel with direct frontage on Hwy 27, presenting an optimal opportunity for expansion or future development. Both parcel and Property benefit from dual ingress and egress points via Hwy 27 and Lynch Avenue to the rear of the property. Other features include a long-range radio tower, a substantial walk-in safe, city utilities, and access to public transportation close by. Also included with the offering is a 750 sq ft, two bedrooms and one-bathroom, residential home located at 715 Lynch Avenue and a 0.10-acre vacant parcel at 713 Lynch Ave, positioned to the rear of the main commercial building. This property offers potential for on-site residential use, generates rental income, additional parking or can be developed into additional commercial space. This property’s central location with high visibility and easy accessibility makes it a great location for your business. Property 1: Main Building (Alt Key # 1346819), Property 2: Adjacent Commercial Lot (Alt Key # 1346801), Property 3: Residential Home (Alt Key # 1346754), Property 4: Vacant Lot (Alt Key # 1346762)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,479 SF
Building Class
C
Year Built/Renovated
1946/1980
Price
$2,420,932 CAD
Price Per SF
$167.20 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,479 SF
Building FAR
0.47
Lot Size
0.71 AC
Opportunity Zone
Yes
Zoning
C-3 - C3/ highway commercial
1 1
PROPERTY TAXES
| Parcel Number | 27-19-24-0400-00D-00800 | Improvements Assessment | $838,714 CAD |
| Land Assessment | $401,487 CAD | Total Assessment | $1,240,200 CAD |
PROPERTY TAXES
Parcel Number
27-19-24-0400-00D-00800
Land Assessment
$401,487 CAD
Improvements Assessment
$838,714 CAD
Total Assessment
$1,240,200 CAD
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727 S 14th St
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