49
$360,000 Sale
Listed 0 hours ago
726 S MISSOURI AVE
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Key Facts
Key facts for 726 S MISSOURI AVE
Property Type
Commercial
Parking
0 garage
MLS #
L4966046
Size
1310 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$4,537 /yr
Days on Market
-
Year Built
1917
Maintenance Fee
-
Description
Offered at $360,000, this two-story, 2,420-square-foot multi-tenant commercial office building presents an opportunity for investors and owner-users seeking an income-producing property with additional leasing potential in central Lakeland. The property currently generates $22,925 in annual gross... rental income from approximately 917 square feet of leased office space. The remaining 1,503 square feet outside the existing leased premises offers potential for additional rental income or owner occupancy. Depending on layout and applicable approvals, the available space may accommodate three to four additional private offices, creating an opportunity to increase rental revenue and improve the property's overall investment performance. The property carries O-1 office zoning, supporting professional office uses subject to applicable regulations. A four-point inspection has also been completed. With existing rental income, additional leasing potential, and a location near downtown Lakeland, this property offers flexibility for investors looking to expand their commercial portfolio or professional users seeking a combination of occupancy and rental income. Offered at $360,000. Contact the listing agent for additional property details or to schedule a showing.
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Listing courtesy of: BHHS FLORIDA PROPERTIES GROUP, 863-701-2350

Listings courtesy of Stellar MLS as distributed by MLS GRID.