Homes for sale - 1029 W MAGNOLIA ST, Leesburg, FL 34748

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Azi Mahdion

azisellstampabay@gmail.com +1(813) 570-0040

$ 599,000

Est. payment | -/mo

2,968 SqFt

Save Virtual Tour

$ 599,000

Est. payment | -/mo

Save Virtual Tour

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 (one used to be a conference room), a Storage room in front of a very large safe, 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

Listed by Trish Leisner REALTEAM REALTY INC.

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(813) 570-0040

azisellstampabay@gmail.com

1029 W MAGNOLIA ST Leesburg, FL 34748