$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
Garage Parking Spaces - 19 to 30
Utilities Available BB/HS Internet Capable, Electricity Available
Waterfront false
Roof Type Shingle
Parking Type Parking Spaces - 19 to 30
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
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Bought with CARLINO REAL ESTATE GROUP INC
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