Leesburg, FL 34748,1029 W MAGNOLIA ST
Leesburg, FL 34748,1029 W MAGNOLIA ST
Leesburg, FL 34748,1029 W MAGNOLIA ST
Leesburg, FL 34748,1029 W MAGNOLIA ST
Leesburg, FL 34748,1029 W MAGNOLIA ST
Leesburg, FL 34748,1029 W MAGNOLIA ST
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$ 599,000
Est. payment | /mo

2,968 SqFt


$ 599,000
Est. payment | /mo

2,968 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,968 sqft

Price per Sqft $201

Subdivision Leesburg

MLS Listing ID G5104665

HOA Y/N No

Year Built 1977

Annual Tax Amount $5,768

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 152x106

Property Sub-Type Office

Source Stellar MLS

Property Description

Excellent Professional Office Building in Downtown Leesburg. 1/3 an acre, perfect location on a corner lot with 2 sides for parking. This building has multiple (4) very large offices, a Storage room in front of a very large safe, an oversized conference room, 3 restrooms, one of which has a shower. Kitchen/breakroom, nice reception office, and customer waiting room, plenty of storage, and closets. Currently has a tenant in place until the end of 2026. Great cash flow, CAP Rate 7.5. Modified Gross Lease. 17 parking spaces, and in 2011, the lot was repaved. Re-roof and Building Painted in 2020, Central AC Unit 2024 (7.5 Ton Rheem Split System), and a Mini Split located in the Computer Server Room. This is a very nice building that is very well taken care of. Great investment for an Owner-User or a nice investment. Located just down the street from all of the downtown activity. Local College, restaurants, and shops are within a few blocks away.

Location

State FL

County Lake

Community Leesburg

Area 34748 - Leesburg

Zoning C-2

Interior

Heating Central

Cooling Central Air, Mini-Split Unit(s)

Flooring Carpet

Exterior

Parking Features Parking Spaces - 13 to 18

Utilities Available Public

Roof Type Metal

Building

Lot Description Corner Lot

Story 1

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Stone,Stucco

New Construction false

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5104665

Stellar MLS
Listed by Trish Leisner REALTEAM REALTY INC.
Eusebio Salas

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(407) 502-9420

esalas@elitehomes365.com

6526 Old Brick Rd, Windermere, FL, 34786, USA

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1029 W MAGNOLIA ST