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Listed by
Bought with
Bought with
$ 150,000
Est. payment | /mo
750 SqFt
$ 150,000
Est. payment | /mo
750 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $200
Subdivision Leesburg Clearview Terrace
MLS Listing ID G5102993
HOA Y/N No
Year Built 1948
Annual Tax Amount $854
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
This unique property offers a rare combination of residential and commercial potential uses, situated in a highly desirable location just off Highway 27. It features a 2-bedroom, 1-bathroom home along with an additional 0.10-acre vacant lot, both benefiting from C-3 commercial zoning.
Currently utilized as a residential income property with a tenant in place, the existing home provides immediate rental revenue. The versatile C-3 commercial zoning, which permits a wide array of commercial uses presents an exceptional opportunity for investors or owner-operators looking to establish a business in a thriving area.
The strategic location offers excellent accessibility, being close to downtown Leesburg and several local schools. This proximity ensures a steady flow of potential customers or clients, making it ideal for various commercial ventures such as retail, professional offices, or service-oriented businesses, all subject to permitted uses under C-3 zoning regulations.
Whether you envision developing the vacant lot, repurposing the existing home for commercial use, or continuing to benefit from its residential income stream while holding for future development, this property provides remarkable flexibility and growth potential in a rapidly developing area.
Currently utilized as a residential income property with a tenant in place, the existing home provides immediate rental revenue. The versatile C-3 commercial zoning, which permits a wide array of commercial uses presents an exceptional opportunity for investors or owner-operators looking to establish a business in a thriving area.
The strategic location offers excellent accessibility, being close to downtown Leesburg and several local schools. This proximity ensures a steady flow of potential customers or clients, making it ideal for various commercial ventures such as retail, professional offices, or service-oriented businesses, all subject to permitted uses under C-3 zoning regulations.
Whether you envision developing the vacant lot, repurposing the existing home for commercial use, or continuing to benefit from its residential income stream while holding for future development, this property provides remarkable flexibility and growth potential in a rapidly developing area.
Location
State FL
County Lake
Community Leesburg Clearview Terrace
Area 34748 - Leesburg
Zoning C-3
Interior
Cooling Wall/Window Unit(s)
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Structure Type Block
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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