For Sale
$559,000

113 5Th AveOkeechobee, FL 34974

Historic Building, Income Producing, Versatile Space

Overview

Added:
Feb 3
Days on market:
61
This exceptional Okeechobee, FL commercial property presents a rare investment opportunity. Built in 1948, the 3,858 square foot building boasts a thriving, established gym with 75 active members and brand-new equipment. This turnkey gym operation is available for sale separately, offering immediate income potential. Adding to the property's value is a fully remodeled, one-bedroom, one-bathroom apartment currently leased at $1,500 per month, providing consistent rental income. The main building's substantial 3,011 square foot base offers significant flexibility for a variety of business ventures. Entrepreneurs will appreciate the versatility of this space, allowing for expansion or the addition of complementary businesses. The property sits on a 0.15-acre lot in a prime Okeechobee location. The building and the gym business are offered for sale separately, providing buyers with options to tailor their investment strategy. This is a unique chance to acquire a historically significant building with proven income streams and substantial growth potential. The asking price for the entire property is $559,000.

Property Details for 113 5Th Ave

Property type
Year Built
1948
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Okeechobee
County
Okeechobee
State
Florida
Latitude
27.24255
Longitude
-80.83424
113 5Th Ave, Okeechobee, Florida

FAQs

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113 5Th Ave
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