For Sale
$425,000

180 Cherry StMonticello, FL 32344

Five-unit office building with strong rental income.

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a five-unit office building located at 180 S Cherry Street in Monticello, Florida. The property boasts a total of 4,214 square feet situated on a 0.01-acre lot. The building features five individual office spaces, conveniently connected by a breezeway, offering both privacy and accessibility. Two shared bathrooms cater to the tenants, while one unit enjoys the added convenience of a private bathroom. Ample parking is available, with street parking directly in front of the building supplemented by access to a nearby city parking lot. Currently, three of the five units are leased, generating an approximate monthly rental income of $1700. The owner currently occupies two of the units. Each office space is equipped with individual window air conditioning units for climate control. This property presents a solid investment opportunity with existing rental income and potential for future growth. The asking price is $425,000. This is a turnkey operation ideal for an investor seeking a stable, income-producing asset in a convenient Monticello location. The existing tenant base provides immediate cash flow, minimizing vacancy risk. The property's layout and amenities make it attractive to a variety of professional tenants. This is a rare opportunity to acquire a well-maintained, income-generating commercial property in a desirable location.

Property Details for 180 Cherry St

Property type
Square Feet
4,214 SF
Lot Size (sq. ft)
436 SF

Location Insight

City
Monticello
County
Jefferson
State
Florida
Latitude
30.54466
Longitude
-83.86904
180 Cherry St, Monticello, Florida

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180 Cherry St
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