Great investment property in a prime location for redevelopment of multi store front retail units. INVESTORS, this property has so much money making potential. Seven Hwy 27 store fronts, upstairs apartment, & separate rear 3189 SF multi-room building. Property totally fenced with 6 ft high chain link fence with gate access for additional parking. One block south of Hwy 64/Main St in Avon Park. Several blocks to restaurants, CVS, Walgreens, financial institutions, convenient stores and other retail business. Nine blocks from the downtown district of Avon Park & the famous Jacaranda Restaurant. US Hwy 27 serves as a major traffic route for Highlands County, as well as North/South Florida traffic flow. Above the front retail stores is a two bedroom, 1 bath apartment with a separate back access stairs to the apartment. Apartment needs TLC and updating. The apartment has a large open roof deck. Each store front unit has individual meters for water, sewer and electric, as well as some window A/Cs. Store fronts need TLC, as renovations were halted. Back building has a new metal roof installed 2019, a total of 3 bathrooms & a very large covered porch. Back building was once leased to a church with individual teaching rooms & as a meeting place for a Moose Lodge. Stores have been previously rented as Computer Shop, Pawn Shop, Hair/Nail Shop, Front store units total 5,184 SF, Apartment is 875 SF, Rear building is 3120 SF making a total of 9179 SF. This is only $106.22 a SF, NOT including the huge fenced parking lot in the rear. Renovation estimate on file.
| Date | Price |
|---|---|
| -- | New Value: $975,000 |
| 12/8/2022 2:50:44 PM | New Value: Active |
| 8/17/2022 7:21:00 PM | New Value: $975,000 |
Listing information provided in part by the IDX Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 6/10/2023 5:55:18 PM PST.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
