Frostproof, FL 33843,207 N SCENIC HWY
Frostproof, FL 33843,207 N SCENIC HWY
Frostproof, FL 33843,207 N SCENIC HWY
$335,000
Est. payment /mo
$385,000
13.0%
Est.Price: ?

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3,130 SqFt
SOLD DATE : 11/14/2023

Key Details

Sold Price $335,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 3,130 sqft

Price per Sqft $107

Subdivision Frostproof In Us

MLS Listing ID K4901986

Sold Date 11/14/23

Construction Status Inspections,No Contingency

HOA Y/N No

Originating Board Stellar MLS

Year Built 1949

Annual Tax Amount $1,967

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 100x150

Property Description

Commercial property with leases and $2800.00/ month, $33,600/year gross income with an 8.73% cap rate. Located in central City Limits of Frostproof along famed Scenic Hwy/ Hwy 17. There are four separate commercial businesses occupying two separate buildings. The leases are for three of the long terms tenant occupant while the 4th tenant sub leases from another tenant. This property has been with the same family for several decades. Through the years, it has served the community as a grocery store, convenient store, hair salon, electric company office, daycare and rehab facility. Building A) is 3200 square feet that houses a medical clinic and physical therapy rehab office with large exercise room, two offices 5 exam rooms, breakroom and three restrooms. Building B) has 3130 square feet and currently houses a hair salon and a closed Daycare. There is ample parking located on all four sides of the building including a small covered area along the south side. Each tenant pays for their own metered utilities: electric, water, sewer and garbage. Must have proof of funds and or prequalified letter in order to get an appointment to show and to get rental information. Please respect the tenants and owners and not trespass inside the businesses without an appointment. Thank you.

Location

State FL

County Polk

Community Frostproof In Us

Zoning GC

Interior

Cooling Central Air

Flooring Carpet, Ceramic Tile, Linoleum

Exterior

Garage Parking Spaces - 13 to 18, Curb Parking

Utilities Available Electricity Available, Phone Available, Public, Sewer Nearby, Water Connected

Waterfront false

Roof Type Membrane

Building

Lot Description Corner Lot

Story 1

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Inspections,No Contingency

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by KEYSTONE REALTY
Bought with DALTON WADE INC

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Sheree Frazier PA

+1(386) 785-7937

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