Expand Gallery
/
$1,095,000
-
beds
-
baths
7,840
sqft
Real Estate Professional
C.

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 10x16 manager's office. The convenience of 9x9 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.


Listed by Susan Geitner, .

Property Highlights

  • Acres: 0.89
  • County: Highlands
  • Year Built: 1984
  • Property Type: Commercial, Retail
  • MLS #: L4945106

General Information

Area 33852 - Lake Placid
Property Subtype Commercial Sale
Property Type Retail
Taxes $11,717

Property Features

Interior Square Footage 7,840
Lot Size Acres 0.89
Lot Size Square Feet 38,768
$1,095,000
-
beds
-
baths
7,840
sqft
Real Estate Professional
C.
Location
614 Us 27 S, Lake Placid, FL 33852 Driving Directions
Similar Listings
St-Pete-Harbor
Nearby Schools
Listed by Susan Geitner, Advantage Realty 1.

Contact Me

Fill out the below information for me to help you find what you need.