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5516 113th Street
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PRICED AT ONLY: $289,900

Address: 5516 113th Street, BELLEVIEW, FL 34420

Description

This 2,329 sqft office space is split into two offices. Each having its own front door and shared meter. Cash flowing with a tenant that has been in the building over a decade. Currently leased at $1750 each month, with tenant paying utilities. ( 6.35% Cap Rate ) This lease will expire 1/1/2025, at which point the rent rate could be brought to current market value or purchase with plans on occupying the space for your own business. The building has two HVCA units, one being less than a month old and the other less than a year old.

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  • MLS#: OM679033 ( Commercial Sale )
  • Street Address: 5516 113th Street
  • Viewed: 4
  • Price: $289,900
  • Price sqft: $124
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 2329
  • Days On Market: 220
  • Additional Information
  • Geolocation: 29.0586 / -82.0569
  • County: MARION
  • City: BELLEVIEW
  • Zipcode: 34420
  • Provided by: GUS GALLOWAY REALTY INC
  • Contact: Forrest Opitz
  • 352-622-8127
  • mfrmls
  • DMCA Notice

Description

This 2,329 sqft office space is split into two offices. Each having its own front door and shared meter. Cash flowing with a tenant that has been in the building over a decade. Currently leased at $1750 each month, with tenant paying utilities. ( 6.35% Cap Rate ) This lease will expire 1/1/2025, at which point the rent rate could be brought to current market value or purchase with plans on occupying the space for your own business. The building has two HVCA units, one being less than a month old and the other less than a year old.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Access Road
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Legal Description: SEC 36 TWP 16 RGE 22 PLAT BOOK A PAGE 015 BELLEVIEW W 50 FT OF LOT 4 BLK 47 & THE E 1/2 OF AN ABROGATED ALLEY RUNNING N & S ADJACENT TO SAID PROPERTY AS PER RESOLUTION
  • Levels: One
  • Area Major: 34420 - Belleview
  • Parcel Number: 38295-001-00
  • Zoning Code: B2
Nearby Subdivisions
Belleview Rdg Estates Add 01   Belleview Town   Candler   Grundy Auto Sales Inc  
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