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29 E Magnolia Ave
Eustis, FL 32726
29 East Magnolia Avenue · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,697 SF
Building Class
C
Year Built
1905
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.89
Lot Size
0.13 AC
Zoning
CBD
Parking
8 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
50’ on Magnolia Ave

Amenities

  • Air Conditioning

About 29 E MAGNOLIA AVE , EUSTIS, FL 32726

This beautifully maintained historic property is centrally located in the tree shaded lakeside historic district of downtown Eustis, Florida. The property is in the heart of the business and commerce district of Eustis which is located midway between Ocala and Orlando, just a few miles from Mount Dora, and a short drive east from Leesburg and The Villages. The 9,655 +/- sf buildings, on .13 +/- acres, were built in 1905 but have undergone recent extensive renovations and improvements including roofing, awnings, new flooring and paint. Top of the line appliances and furnishings add to the value of this one of a kind property. The property is currently income producing and is expected to generate an NOI of $101,292 per year. One building is currently being used as a restaurant (Tillie’s Tavern & Grill) and the other houses three AirBnB units along with a gorgeous, fully furnished owner’s unit. This gem is too good to pass up.

Property Taxes

Property Taxes

Parcel Number
11-19-26-0100-033-00600
Land Assessment
$274,390
Improvements Assessment
$1,205,552
Total Assessment
$1,479,942
  • Listing ID: 11214726

  • Date on Market: 1/11/2018

  • Last Updated:

  • Address: 29 E Magnolia Ave, Eustis, FL 32726

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