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614 Us 27 S, Lake Placid, Florida 33852

  • $1,095,000
614 US 27 S, Lake Placid, FL 33852
Expired
614 Us 27 S, Lake Placid, Florida 33852
614 US 27 S, Lake Placid, FL 33852
  • $1,095,000

Overview

Property ID: HZL4940194
  • Retail, Commercial Sale
  • Property Type
  • 11760
  • Sqft
  • 1984
  • Year Built

Description

Exceptional Commercial Opportunity! This 11, 760+/- SF prime retail space is situated in the most lucrative business hub of Lake Placid. A Pro Forma Cap Rate of 7.5%, this currently vacant facility was previously utilized as a motor sports sales center, catering to renowned brands such as Honda, Yamaha, Polaris, and more. This property boasts a substantial 7, 600+ SF showroom with generous 11ft ceilings, two private cubicle offices, and two public restrooms. Towards the rear of the premises, you’ll find a spacious 3, 354+/- SF workshop, complete with a service manager’s office, break room, security room, and a private 10×16 manager’s office. The convenience of 9×9 roll-up doors at both the front and back ensures effortless access for vehicles, deliveries, and more. Behind the building is approximately 10, 000sf +/- gated and fenced paved yard for storage, big repairs and/or deliveries with direct access via Wirick Rd. This versatile space is not limited to motor sports; it’s an ideal location for a golf cart store, distribution center, or automotive sales and service. Moreover, the property can be customized to suit various business needs, such as urgent care facilities, professional offices, and much more. Don’t miss out on this incredible commercial opportunity in a highly sought-after business district! Owner financing available with 25% down.

  • Address 614 US 27 S
  • City Lake Placid
  • State/county FL
  • Zip/Postal Code 33852
  • Country US

Details

Updated on April 1, 2024 at 4:19 am
  • Property ID: HZL4940194
  • Price: $1,095,000
  • Property Size: 11760 Sqft
  • Land Area: 0.89 Acres
  • Year Built: 1984
  • Property Type: Retail, Commercial Sale
  • Property Status: Expired

Additional details

  • Listing Terms: Cash, Conventional, Private Financing Available
  • Roof: Built-Up
  • Cooling: Central Air, Zoned
  • County: Highlands
  • Property Type: Commercial Sale
  • Parking: Parking Spaces - 19 to 30

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