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2301 E Main St 1,400 SF 100% Leased Retail Building Lakeland, FL 33801 $259,000 ($185/SF)
Executive Summary
Flex use building which is one-half office & one-half warehouse area. Fully fenced rear storage yard. This property has been in commercial use since the late 1950s but after the adoption of the comprehensive plan for land use and zoning by Polk County the site is residentially zoned, as are other similar type properties in the area. It is officially a 'legal non-conforming use' that allow it to continue to its use as a commercial property. There are restrictions to a the 'legal non-conforming use' status, you should check with the Polk County Planning Department for more details.
The building was used as a service station for a number of years and is included on the State of Florida Superfund Program list. Under that program the government will clean up the site at no cost to the owner. This should be confirmed with a licensed environmental consulting firm.
Otherwise, this is a great little property in a good location.
The building was used as a service station for a number of years and is included on the State of Florida Superfund Program list. Under that program the government will clean up the site at no cost to the owner. This should be confirmed with a licensed environmental consulting firm.
Otherwise, this is a great little property in a good location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
1,400 SF
Year Built
1958
Price
$259,000
Price Per SF
$185
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.12 AC
Zoning
R2
Parking
6 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 24-28-16-185500-004032 | Improvements Assessment | $81,350 |
| Land Assessment | $21,392 | Total Assessment | $102,742 |
Property Taxes
Parcel Number
24-28-16-185500-004032
Land Assessment
$21,392
Improvements Assessment
$81,350
Total Assessment
$102,742
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