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$ 1,500,000
Est. payment | /mo
2,270 SqFt
$ 1,500,000
Est. payment | /mo
2,270 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,270 sqft
Price per Sqft $660
Subdivision Eustis Lake Saunders Beg
MLS Listing ID T3274931
HOA Y/N No
Total Fin. Sqft 2270
Year Built 1977
Annual Tax Amount $6,669
Tax Year 2020
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Retail
Property Description
3 property portfolio features:
• Includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF on 1.85 acres land
• Extraordinary land development opportunity site totaling 80,765 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development
• Signalize Intersection
• Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19
• Level, high and dry topography with all utilities to the site
• Highest & Best Use: Commercial Redevelopment- New Construction
3 PROPERTY PORTFOLIO!!!
FCG is pleased to present an opportunity to acquire and re-develop a Commercial land site in Eustis, FL. Subject consists of approximately 1.85 Acres which also includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF- these buildings may be torn down for maximum use of the site which is situated directly on US Hwy 441 S. and immediately West of State Route 19/ S. Bay Street.
GENERAL
Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 Acres of Land, comprised of 3 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780' of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user.
BROKERS- Seller is calling ALL Developers, Investors, Contractors and Builders. Come view this INCREDIBLE DEVELOPMENT OPPORTUNITY!!! Located within a qualified HUBZone, business tax incentives are available to tenants that lease in this designated area. As a result, Retail, Restaurant, Office or Distribution may do well here. This Lake County property is a 1.85 acre assemblage of CG zoned land and consists of 3 parcels and 2 commercial structures that may be leased for immediate income or torn down for future development. Sale Includes a 23,086 SF corner parcel to include a 2,270 SF Restaurant, a 13,939 SF interior parcel to include a 1,508 SF Medical Office and a 43,739 SF parcel that is cleared, high and dry. Measuring over 84,543 SF of Commercial Buildings and land; water, power, and communication infrastructure are already in place making this site perfect for either a Commercial owner/ user or an Investor looking to get in on the development of this flourishing Area. Subject property is in close proximity to countless retail tenants, Educational Institutions, and newly renovated and constructed condos and residential neighborhoods. This gem of an Investment will not last long on the market
• Includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF on 1.85 acres land
• Extraordinary land development opportunity site totaling 80,765 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development
• Signalize Intersection
• Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19
• Level, high and dry topography with all utilities to the site
• Highest & Best Use: Commercial Redevelopment- New Construction
3 PROPERTY PORTFOLIO!!!
FCG is pleased to present an opportunity to acquire and re-develop a Commercial land site in Eustis, FL. Subject consists of approximately 1.85 Acres which also includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF- these buildings may be torn down for maximum use of the site which is situated directly on US Hwy 441 S. and immediately West of State Route 19/ S. Bay Street.
GENERAL
Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 Acres of Land, comprised of 3 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780' of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user.
BROKERS- Seller is calling ALL Developers, Investors, Contractors and Builders. Come view this INCREDIBLE DEVELOPMENT OPPORTUNITY!!! Located within a qualified HUBZone, business tax incentives are available to tenants that lease in this designated area. As a result, Retail, Restaurant, Office or Distribution may do well here. This Lake County property is a 1.85 acre assemblage of CG zoned land and consists of 3 parcels and 2 commercial structures that may be leased for immediate income or torn down for future development. Sale Includes a 23,086 SF corner parcel to include a 2,270 SF Restaurant, a 13,939 SF interior parcel to include a 1,508 SF Medical Office and a 43,739 SF parcel that is cleared, high and dry. Measuring over 84,543 SF of Commercial Buildings and land; water, power, and communication infrastructure are already in place making this site perfect for either a Commercial owner/ user or an Investor looking to get in on the development of this flourishing Area. Subject property is in close proximity to countless retail tenants, Educational Institutions, and newly renovated and constructed condos and residential neighborhoods. This gem of an Investment will not last long on the market
Location
State FL
County Lake
Area 32726 - Eustis
Interior
Cooling Other
Building
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Block
New Construction No
Others
Tax ID 22-19-26-0401-000-00400
Ownership Corporation
Virtual Tour 2 https://www.propertypanorama.com/instaview/stellar/T3274931
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3274931
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Listed by FLORIDA COMMERCIAL GROUP
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