For Sale
$489,500

1156 State Road 20Interlachen, FL 32148

Busy Retail Center, High Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a thriving commercial complex in Interlachen, Florida, currently generating strong rental income. Located at 1156 State Road 20, this property encompasses a substantial 25,264.8 square foot lot and features a single-story building constructed in 1971. The complex includes four income-producing rental units: Nanna's Restaurant, Angie's Cutz N Styles, Cindy's Nails, and an additional property at 101 N Long Ave. Nanna's Restaurant, a popular eatery, boasts seating for approximately 50 patrons and consistently enjoys high customer traffic. The other businesses are also well-established and successful. Recent improvements include a new roof and a newly paved parking lot, minimizing immediate maintenance needs. The asking price for this turnkey operation is $489,500, offering a compelling return on investment for savvy buyers seeking a stable and profitable commercial property in a desirable location. This property is zoned for commercial use and presents a rare opportunity to acquire a multi-tenant complex with established businesses and significant income potential. The property's location on State Road 20 ensures high visibility and accessibility, further enhancing its appeal to both tenants and investors. This is a truly exceptional opportunity to acquire a well-maintained, income-generating property with significant upside potential.

Highlights

  • Asking price: $489,500
  • Property type: Retail and land, totaling four rental units including Nanna's Restaurant, Angie's Cutz N Styles, and Cindy's Nails.
  • Year built: 1971, one-story building.
  • Lot size: 25,264.8 square feet.

Property Details for 1156 State Road 20

Property type
Retail properties, Land
Year Built
1971
Stories
1

Location Insight

City
Interlachen
County
Putnam
State
Florida
Latitude
29.6278937
Longitude
-81.8881803
1156 State Road 20, Interlachen, Florida

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1156 State Road 20
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