540 S Scenic Highway, Frostproof, FL 33843
- $975,000
- 10,358
- SqFt
- List Price
- $975,000
- Status
- Active
- Days on Market
- 21
- Price Change
- ▼ $225,000 1783710420
- MLS#
- TB8525814
- Property Style
- Mixed Use
- Year Built
- 1928
- Living Area
- 10,358
- Lot Size
- 153,706
- Acres
- 3.53
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- Davis E N Resub
- MLS Area Major
- Frostproof
Property Description
Virtually Staged. SELLER WILLING TO OWNER FINANCE!!! Motivated Seller! Contact today the property will not last long! Are you looking for an amazing investment opportunity off of a busy highway in Frostproof? Come check out this 3.53 acre lot that has 3 BUILDINGS/BUSINESSES! There is a fully operating liquor store that has approximately 9 years left on escalating payment lease. It has many storage rooms and a restroom. There is also an attached building that used to be a fully functional bar/nightclub!!! It is approximately 6,700 square feet of opportunity! There is a dividing wall and it is already setup with 2 restrooms! It is currently leased with 2.5 years left on that lease but once that is complete it could be used as a cigar lounge/nightclub/bar. You will have ample parking out front for all of your customers with the oversized parking lot! There is also an open field of possibilities that is zoned commercial and can be used for more storage units, another business or additional parking. There is a 60 UNIT STORAGE BUILDING in the back of the property that has it's own separate entrance and is completely fenced. It is not air conditioned. It has 60 units 20- 10X10 units and 40- 5X10 units with 45 units currently rented with no advertisement. It has steady producing income and could grow. There is approximately 8,000 to 12,000 Average Daily Traffic Volume on the busy S Scenic Hwy (US 17) which will give you street front exposure and plenty of opportunity for business. All Measurements are approximate. Schedule your showing today!!!
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Additional Information
- Taxes Annual
- $5351
- Location
- Oversized Lot, Street Lights, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- XX
- Utilities
- Electricity Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Roof
- Membrane, Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Ground Level
- Flood Zone Code
- X
- Parcel ID
- 28-31-32-971800-001000
- Legal Description
- DAVIS E N RESUB PB 29 PG 40 BLKS 1 THRU 3 & CLOSED ST BETWEEN BLKS 2 & 3
Listing courtesy of CHARLES RUTENBERG REALTY INC. 866-580-6402
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