Orchid Springs Retail/Office with Loft

Retail-Commercial for Sale
Catylist Listing ID: 29967076
Property Subtypes: Free-Standing Building
Building Size (RSF): 1,329 SF
Gross Land Area: 0.06 Acres
Sale Price: $225,000
Unit Price: $169.30 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,329 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/30/2019

Overview / Comments

Retail/Office with loft. 11,000 cars pass this property per day. This unique property is located in the heart of the eclectic Orchid Springs business area. Orchid Springs has been home to a number of successful boutiques, delicatessens, craft shops and salons.

Additional Details

Nearest MSA: Lakeland-Winter Haven
County: Polk
Taxing Authority: Polk County
Tax ID/APN: 262835662500000232
Retail Clientele: General, Business, Traveler, Tourist, Recreation
Property Located Between: Winter Haven and Dundee
Property Visibility: Good
Largest Nearby Street: Overlook Drive
Traffic/Vehicle Count: 11,000
Highway Access: SR 542 and SR 540 are minutes way, as is US Highway 27.
Site Description: Existing building, built in 1969. Downstairs is 1,329 SF and currently set up as beauty salon. Upstairs is 640 SF and not currently being used. This was designed as upstairs loft, for live-in owner/operator.
Area Description: This property is in SE Winter Haven, on one of the main routes from I-4 to Legoland Florida.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1969
Roof Type: Gable
Parking Type: Surface
Heat Type: Electricity, Hot Water
Internet Access: Cable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,722 42,035 90,204
Median Age: 47.38 42.6 43.74
Households: 2,359 16,945 36,365


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