$475,000
$524,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
5,104 SqFt
SOLD DATE : 03/22/2023
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,104 sqft
Price per Sqft $93
MLS Listing ID G5039551
Sold Date 03/22/23
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $2,030
Lot Size 1.800 Acres
Acres 1.8
Lot Dimensions 150x660
Property Description
FANTASTIC OPPORTUNITY to own this Professional Office Building with a SOLID RENTAL HISTORY and INCOME. Property Boasts 1.8 ACRES and Total Square Footage of 5,104 - 4,624 under Heat and Air with 30+ Parking Spaces. 69.5% (3,212 Heated sqft) rented to Florida Department of Corrections with a Lease through May 2028. The DOC/tenant has been leasing the space continuously since the 1980's. Current NET OPERATING INCOME of $35,000. The unleased space which is currently configured as 5 Office Spaces, Lobby, Receptionist Area, Conference Room, Break Room, 2 Bathrooms (1 inside and 1 outside), and large Warehouse/Storage space can be used for your business or rent it out. Perfect location for a Attorney, or Trade (Plumber, Electrician, HVAC, Builder, Construction, etc.) Updates include new roof and major remodel in 2016, Fire and Burglar Alarm Monitored. Bushnell is the County Seat of Sumter. 2 miles from Court House and County Government Offices. Building is located on a major thoroughfare with high traffic volume and easy access to I-75 and the Turnpike. This location is CLOSE to THE VILLAGES!
Location
State FL
County Sumter
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Spaces - 19 to 30
Utilities Available BB/HS Internet Capable, Electricity Available
Roof Type Shingle
Building
Lot Description Oversized Lot, Paved
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Structure Type Block, Stucco
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CARLINO REAL ESTATE GROUP INC
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "