Sale Brochure - LoopNet

[Pages:10]RETAIL

FOR SALE

$369,900

/ /

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801

CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

Property Description

Currently operating as a Car Dealership, this property zoned IND, Polk County offers 2 buildings on 1.54 acres. Building one is a converted residence with 1312 square feet under air, and 1640 square feet total. There is a main office with kitchen area, 2 large offices, full recently renovated bathroom, and another half bath. Roof is approx 3-4 years old. Building two is approx. 875 square feet with 6" concrete slab and Rotary brand Automotive lift, to be included in the sale. There is also a lean to connected to the building. Property on City water and septic tank. The sheds and semi in the rear of the property stay. The IND zoning offers many uses, including continuance of the Vehicle Sales business (legal non conforming use), Vehicle Repair/Auto Body, Commercial Vehicle Parking, Bars/Lounges, Equipment Sales & Service, Manufacturing and Office. 150 feet of frontage along US 92 across from Santa Fe High School.

Property Highlights

? IND Zoning - Unincorporated Polk County ? High Traffic Area - Close to Other Retail

Craig Morby

863.581.0059

FL #SL3152384

craig.morby@

Eric Ammon

863.272.7135

EAmmon@



?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL 3003 SOUTH FLORIDA LAKELAND, FL 33803

/ / RETAILER MAP

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801 CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

Craig Morby

Eric Ammon

863.581.0059 FL #SL3152384 craig.morby@

863.272.7135 EAmmon@

?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL | 3003 SOUTH FLORIDA, LAKELAND, FL 33803 | WWW.

/ / EXECUTIVE SUMMARY

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801 CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

SALE PRICE

OFFERING SUMMARY Lot Size:

Year Built:

Building Size:

Zoning:

Price / SF:

$369,900

1.54 Acres 1958

2,512 SF

PROPERTY OVERVIEW

Currently operating as a Car Dealership, this property zoned IND, Polk County offers 2 buildings on 1.54 acres. Building one is a converted residence with 1312 square feet under air, and 1640 square feet total. There is a main office with kitchen area, 2 large offices, full recently renovated bathroom, and another half bath. Roof is approx 3-4 years old. Building two is approx. 875 square feet with 6" concrete slab and Rotary brand Automotive lift, to be included in the sale. There is also a lean to connected to the building. Property on City water and septic tank. The sheds and semi in the rear of the property stay. The IND zoning offers many uses, including continuance of the Vehicle Sales business (legal non conforming use), Vehicle Repair/Auto Body, Commercial Vehicle Parking, Bars/Lounges, Equipment Sales & Service, Manufacturing and Office. 150 feet of frontage along US 92 across from Santa Fe High School.

IND $147.25

PROPERTY HIGHLIGHTS ? 150' of Frontage ? Passive Income Possibilities ? 27,500 AADT

Craig Morby

Eric Ammon

863.581.0059 FL #SL3152384 craig.morby@

863.272.7135 EAmmon@

?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL | 3003 SOUTH FLORIDA, LAKELAND, FL 33803 | WWW.

/ / COMPLETE HIGHLIGHTS

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801

CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

SALE HIGHLIGHTS ? ANNUAL PROPERTY TAXES - $2706.44 ? 1.54 Acres with 2512 Square Feet ? IND Zoning - Unincorporated Polk County ? 2 Buildings - Main Sales Building & Shop ? 150' Frontage Along US Highway 92 ? Owner Currently Rents the Sales Office for $1350/month, and

the Field for $600/month ? The Shop is Currently Vacant and Has Historically Been

Rented for $750-$1000/month. ? Possibility Exists To Lease More of the Office Space for

Another $400 ? 27,500 AADT

Craig Morby

Eric Ammon

863.581.0059 FL #SL3152384 craig.morby@

863.272.7135 EAmmon@

?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL | 3003 SOUTH FLORIDA, LAKELAND, FL 33803 | WWW.

/ / RENT ROLL

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801 CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

TENANT NAME

Auto Sales The Shop Open Field

Totals/Averages

UNIT NUMBER

UNIT SIZE (SF)

1,640 872

1

2,513

LEASE START

LEASE END

ANNUAL RENT

$16,187.00 $0.00 $7200

$23,387.00

% OF GLA

65.29 34.71 0.04

PRICE PER SF/YR

$9.87 $0.00 $7,200.00

$9.31

Craig Morby

Eric Ammon

863.581.0059 FL #SL3152384 craig.morby@

863.272.7135 EAmmon@

?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL | 3003 SOUTH FLORIDA, LAKELAND, FL 33803 | WWW.

/ / ADDITIONAL PHOTOS

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801 CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

Craig Morby

Eric Ammon

863.581.0059 FL #SL3152384 craig.morby@

863.272.7135 EAmmon@

?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL | 3003 SOUTH FLORIDA, LAKELAND, FL 33803 | WWW.

/ / ADDITIONAL PHOTOS

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801 CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

Craig Morby

Eric Ammon

863.581.0059 FL #SL3152384 craig.morby@

863.272.7135 EAmmon@

?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL | 3003 SOUTH FLORIDA, LAKELAND, FL 33803 | WWW.

/ / ADDITIONAL PHOTOS

3119 U.S. HIGHWAY 92 EAST, LAKELAND, FL 33801 CENTRAL LAKELAND CAR DEALERSHIP OR OTHER COMMERCIAL USES

Craig Morby

Eric Ammon

863.581.0059 FL #SL3152384 craig.morby@

863.272.7135 EAmmon@

?2018 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIAL | 3003 SOUTH FLORIDA, LAKELAND, FL 33803 | WWW.

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