Eustis Center 2-18 N Eustis St 14,896 SF 89% Leased Office Building Eustis, FL 32726 $2,367,615 ($158.94/SF) 8.05% Cap Rate

Introducing a prime opportunistic investment in the heart of downtown Eustis, FL. This meticulously renovated 16,736 SF commercial property offers 8 individual units built in 1904 and thoughtfully updated in 2024, providing a seamless blend of historical charm and modern functionality. With a desirable 100% occupancy rate and immediate value-add, this gem is ripe for immediate returns. Zoned for medical and retail uses, the property presents an enticing prospect for medical/retail building investors seeking a well-positioned, income-generating asset. Don't miss the chance to add this distinguished property to your portfolio and capitalize on the long term value-add available in the current structure.
Nestled in the vibrant heart of Downtown Eustis near the lake, this prime 100% leased property offers a walkable Medical/Retail environment. The area boasts a walkable commercial landscape with an array of dining establishments, retail shops, and professional services, creating a magnet for foot traffic and potential customers. Nearby landmarks such as Ferran Park, Foxtail Coffee, Ace Hardware, City Paddleboats, and Eustis City Hall contribute to the lively ambiance, making it an attractive destination for both businesses and retail clientele alike. As a mixed-use retail/office building investor, you'll appreciate the strategic positioning of the property within this thriving market, ensuring optimal visibility and accessibility for potential tenants or clients.
The property sits directly adjacent to a public parking lot at the hard corner of Eustis Street and East Orange Avenue. With access to the walkability of Downtown Eustis and the direct frontage on the area's highest traffic street, this site offers an ideal opportunity for strategic investors seeking value-add investments with long-term upside.