$262,500
$349,000
24.8%For more information regarding the value of a property, please contact us for a free consultation.
11,344 SqFt
SOLD DATE : 03/21/2023
Key Details
Sold Price $262,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 11,344 sqft
Price per Sqft $23
MLS Listing ID C7465358
Sold Date 03/21/23
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 2010
Annual Tax Amount $4,768
Lot Size 1.180 Acres
Acres 1.18
Property Description
INSANE INCOME PRODUCING DEAL WITH INCREDIBLE ROI! This 12,000+ SQ FT property sits just feet away from extremely busy, multi-lane Highway 17! This location is ideal for professional, retail or service business. Currently, the income from this property is $3,715/MONTH with 5 units rented out and 8 vacant!!! Leases range from $500/month up to $875/month. (Two of the vacant units are being advertised as $1,375 and $1,400 per month). This property features multiple buildings that can hold up to 16 businesses and will benefit from the growth of the economy of the Commercial Neighborhood District. CN zoning allows for a variety of uses including but not limited to automobile service stations, medical offices, dental offices, animal hospitals, restaurants, child care centers, repair shops and hardware stores. Located less than 2 miles from Highway 70, you will be close to thriving businesses such as Ace Hardware, Radio Shack, Circle K, CVS, Publix, Tractor Supply and MidFlorida Credit Union. Traffic will come from Hardee County, Manatee County, Highlands County and Charlotte County as DeSoto is home to 2 Highways and 2 State Roads! The property is connected to public utilities and each unit has a separate electric meter. The parking lot is massive and can easily hold over 20 vehicles. According to FDOT, Annual Average Daily Traffic count is around 14,400 at the nearest intersection. Yearly estimated expenses for the owner are around $11,000. Whether you are looking for an investment property or a place to operate your own business, you won't find a better site for the price! (Buildings & Real Estate Only Being Sold)
Location
State FL
County Desoto
Zoning CN
Interior
Heating Central
Cooling Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)
Exterior
Parking Features Parking Spaces - 19 to 30
Utilities Available Electricity Available
Roof Type Metal
Building
Lot Description City Limits, Oversized Lot, Turn Around
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Metal Frame
New Construction false
Construction Status No Contingency
Others
Ownership Other
Special Listing Condition None
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