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749 Central Avenue, UMATILLA, FL 32784
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749 Central Avenue
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  • MLS#: O6298742 ( Commercial Sale )
  • Street Address: 749 Central Avenue
  • Viewed: 23
  • Price: $2,500,000
  • Price sqft: $104
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 24120
  • Days On Market: 81
  • Additional Information
  • Geolocation: 28.9136 / -81.6751
  • County: LAKE
  • City: UMATILLA
  • Zipcode: 32784
  • Subdivision: Umatilla Giles Hauck
  • Provided by: COMMERCIAL REAL ESTATE PROF IN
  • Contact: Mark Allen
  • 407-737-9797
  • mfrmls
  • DMCA Notice
  • Description
    Commercial real estate professionals, inc and mark allen are pleased to offer this recently renovated retail strip center for sale! This renovated shopping center has new hvac units, new roof plus awnings. Awnings and gutter system are new, most of the electrical is new, and all firewalls have been brought up to date. Nearly half of the center front area has been replaced and redone as new. The center is leased with many long time tenant occupants!! Reduced $250,000 for immediate sale!! The sellers said to reduce the price by $250,000 to their bottom line best price immediately for the 1st buyer to accept!! The longtime childcare tenant is going to have a brand new lease increasing their rent $2 more per square foot for year #1, adding a $500 per month cam fee, with an annual increase of $1 per square foot each year going forward, and becoming a nnn lease in year #2. The center consists of 6 units. Each unit has individual meters for water and electric. Owners are managing the center. There is additional land for expansion and further development for another 20,000 sf or possibly even a car wash site!! Absolutely incredible investment opportunity for a renovated shopping center at a hugely discounted price!!
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. UMATILLA GILES & HAUCK SUB FROM INTERSECTION OF E LINE OF SEC 23-18-26 WITH N R/W LINE OF SR 450 RUN N ALONG SEC LINE 179.60 FT FOR POB RUN W PARALLEL WITH N R/W LINE OF SR 450 TO E'LY R/W LINE OF SR 19 BEG AT POB RUN N ALONG E LINE OF SAID SEC 23 TO N LINE OF BLOCK A W ALONG N LINE OF BLOCK A & B TO E'LY LINE OF SR 19 SW'LY ALONG SAID R/W TO INTERSECT FIRST LINE PB 5 PG 28 ORB 6029 PG 1553
Living Area
  1. 26130.00
Area Major
  1. 32784 - Umatilla / Dona Vista
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 23-18-26-0100-000-00A00
Property Type
  1. Commercial Sale
Road Frontage Type
  1. County Road
Tax Year
  1. 2024
Township
  1. 18S
Views
  1. 23
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6298742
Year Built
  1. 1973
Zoning Code
  1. PUD
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