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109 N 3rd St 5,349 SF 100% Leased Office Building Eagle Lake, FL 33839 $625,000 ($116.84/SF)



INVESTMENT HIGHLIGHTS
- 2,300 SF air-conditioned building, 2,769 SF non–air-conditioned structure, 280 SF non–air-conditioned shed
- Second tenant on a month-to-month lease occupying the 2,769 SF addition
- Average daily traffic count of approximately 14,500 vehicles
- One tenant in place occupying a portion of the 2,300 SF building with a lease through April 2026
- Located just off State Road 17 in Eagle Lake, Florida
- General Commercial zoning, allowing for redevelopment into a wide variety of uses, subject to conditions
EXECUTIVE SUMMARY
Located in the heart of Polk County within the growing town of Eagle Lake, this ±5,349 SF commercial property presents a compelling opportunity for both investors and owner-users.
The site includes a 2,300 SF air-conditioned retail building, currently partially owner-occupied and partially leased to a tenant through April 2026, along with an ±280 SF storage shed. At the rear of the property is a 2,769 SF non–air-conditioned structure with a gravel floor, presently leased on a month-to-month basis to a sports/baseball training facility.
Situated just one street off State Road 17, and separated only by a railroad, the property benefits from strong visibility and exposure, with the potential for prominent signage subject to approvals. State Road 17 carries an average daily traffic count of approximately 14,500 vehicles, providing excellent access and market presence.
The property is zoned General Commercial, allowing for a wide range of potential uses in accordance with the town’s land use table and conditional approval requirements.
This offering is well suited for an investor seeking redevelopment potential or an owner-user desiring a highly visible, centrally located, and easily accessible commercial site.
The site includes a 2,300 SF air-conditioned retail building, currently partially owner-occupied and partially leased to a tenant through April 2026, along with an ±280 SF storage shed. At the rear of the property is a 2,769 SF non–air-conditioned structure with a gravel floor, presently leased on a month-to-month basis to a sports/baseball training facility.
Situated just one street off State Road 17, and separated only by a railroad, the property benefits from strong visibility and exposure, with the potential for prominent signage subject to approvals. State Road 17 carries an average daily traffic count of approximately 14,500 vehicles, providing excellent access and market presence.
The property is zoned General Commercial, allowing for a wide range of potential uses in accordance with the town’s land use table and conditional approval requirements.
This offering is well suited for an investor seeking redevelopment potential or an owner-user desiring a highly visible, centrally located, and easily accessible commercial site.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,349 SF
Building Class
C
Year Built
1960
Price
$625,000
Price Per SF
$116.84
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,349 SF
Building FAR
0.44
Lot Size
0.28 AC
Zoning
CG
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PROPERTY TAXES
| Parcel Number | 26-29-07-684500-033060 | Improvements Assessment | $190,906 |
| Land Assessment | $23,400 | Total Assessment | $214,306 |
PROPERTY TAXES
Parcel Number
26-29-07-684500-033060
Land Assessment
$23,400
Improvements Assessment
$190,906
Total Assessment
$214,306
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109 N 3rd St
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