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(863) 333-5053
Real Estate Company
726 S Missouri Avenue, Lakeland, FL 33815
- $360,000
- 2,240
- SqFt
- List Price
- $360,000
- Status
- Active
- Days on Market
- 0
- MLS#
- L4966046
- Property Style
- Office
- Year Built
- 1917
- Living Area
- 2,240
- Lot Size
- 9,749
- Acres
- 0.22
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Dranes 2nd Add
- MLS Area Major
- Lakeland
Property 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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Additional Information
- Taxes Annual
- $4537
- Annual Gross Income
- 22925
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- O-1
- Appliances
- Dishwasher, Microwave, Refrigerator
- Utilities
- Public
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco, Frame
- Foundation
- Concrete Perimeter, Crawlspace
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 23-28-24-120000-001071
- Legal Description
- DRANES 2ND ADD PB 1 PG 47B BLK 1 LOT 7 N 75 FT
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. 863-701-2350
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