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160 W Haines Blvd - Lake Alfred Packing House Self Storage 49,228 SF Specialty Building Offered at $2,800,000 in Lake Alfred, FL 33850

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INVESTMENT HIGHLIGHTS

Warehouse - Munters Industrial Humidifier and Ducts $116,000
Owners Apartment 1644 sqft.
Office 863 sqft.

Warehouse - 15 High CFM Commercial Fans
Managers Apartment 908 sqft
246 Mailbox Rental Units

EXECUTIVE SUMMARY

Introducing a prime investment opportunity in the Lake Alfred area. This historic distinguished property boasts a 51,148 SF building featuring 11,410 SF - 160 Brand New Self Storage Units, 246 Mailbox Rentals, 2 Apartments, almost 24,000 additional retail and storage SF, offering versatility and potential for income generation or expansion. Owner has installed a Fire Sprinkler System that will protect 22,000 SF which will cover the Storage Warehouse Units and additional areas of the building. Owner is in the process of reroofing 4,500 SF (notice the roof aerial). This building is making money and is on the cusp to currently double the cashflow in a few months. Owner also has plans to add an additional 188 (13,406 SF) additional Storage Units. The current situation plus the future expansion of interior retail and storage space has the potential to create an additional income stream in excess of $80,000/month. Built in 1922, the historic charm of the building is complemented by a C2 and MU (FLU) zoning designation, accommodating a variety of commercial uses. Located in the thriving Lake Alfred area, this property presents an unparalleled chance to invest in a well-established community with promising growth prospects. Embrace the character and possibilities of this exceptional property, strategically positioned for success in a sought-after location.
Price Per SF $54.74

160 W Haines Blvd - Flyer

PROPERTY FACTS

Price	$2,800,000	Lot Size	2.16 AC
Price Per SF	$56.88	Building Size	49,228 SF
Sale Type	Investment	No. Stories	2
Property Type	Specialty	Year Built/Renovated	1922/2022
Property Subtype	Self-Storage General Retail Freestanding General Retail Storefront Retail/Office General Retail Storefront Retail/Residential	Parking Ratio	0.61/1,000 SF
Building Class	B
Zoning	C2 - FLU MU - "C2" zoning designation typically refers to a "Commercial" district, The Future Land Use zoning is a planning tool used to guide long-term development

Price	$2,800,000
Price Per SF	$56.88
Sale Type	Investment
Property Type	Specialty
Property Subtype	Self-Storage General Retail Freestanding General Retail Storefront Retail/Office General Retail Storefront Retail/Residential
Building Class	B
Lot Size	2.16 AC
Building Size	49,228 SF
No. Stories	2
Year Built/Renovated	1922/2022
Parking Ratio	0.61/1,000 SF
Zoning	C2 - FLU MU - "C2" zoning designation typically refers to a "Commercial" district, The Future Land Use zoning is a planning tool used to guide long-term development