About This Home
This 0-bedroom, 0-bathroom commercial at 401 E NORTH Boulevard in Leesburg, FL is listed for $1,225,000 ($125 per sqft). Built in 2005, the home offers 9,800 sqft of living space on a 1.13 acres lot.
Key Features
- Built in 2005
- 1.13 acre lot
Property Details
Amenities
Fantastic Opportunity to own this 9800 sq ft Medical or Professional Office space with 115 feet of highway frontage on 441 . Fantastic income property. This building consists of just under 10,000 sq ft. There are a total 3 units. 1 - 5800 sq ft unit that is leased at $5,000 per month for a 5 year term and has 3 years left and 2 identical 2,000 sq ft offices that are now vacant and getting ready for the next tenant.
The building is in excellent condition. The owners had the parking lot repaved and re-striped and the exterior painted last year. The large 5,800 sq ft space can be built out to 2 or 3 units if you want more rental opportunities. This building is located on 441 and has fantastic road traffic and exposure.
Rent out the other 2 units for 10% + cap income property. The parking lot will accommodate 60+ vehicles. Lots of options available. Use all 9800 sq ft, Use the 3 separate units or create more units for more income. This is a great owner operator property as well with your tenants paying your mortgage for you. Great location that is just minutes from the hospital.
Monthly Cost Estimate
$6,552/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
401 E NORTH Boulevard
Leesburg, FL 34748
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 401 E NORTH Boulevard is listed at $1,225,000 ($125/sqft). The estimated monthly payment is $6,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2005, 1.13 acre lot.
This property is listed by Stephen Misciagno and can be reached at 3528746638.