For Sale
$1,200,000

131 Main St Tavares, FL 32778

7,886 SF Office Building, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 7,886 square foot office building, located at 131 West Main Street in the heart of downtown Tavares, Florida, presents a compelling owner-user opportunity. Built in 1976 and extensively renovated in 2021, this two-story Class B building sits on a 0.52-acre lot and offers a flexible multi-tenant configuration. The property boasts a strong financial profile, with a net operating income (NOI) of $41,849 and a 3.49% cap rate. The asking price is $1,200,000, representing a fee simple ownership. Its prime location offers easy access to key government buildings, including the Lake County Courthouse and Tavares City Hall, making it ideal for businesses seeking high visibility and convenient access to local government services. The building's 7,886 square feet of net rentable space provides ample room for a variety of business uses. This is a rare opportunity to acquire a well-maintained, centrally located commercial property in a thriving Florida community. The property is available vacant or with month-to-month tenants. Consider this exceptional investment opportunity in the vibrant downtown Tavares market.

Highlights

  • 7,886 SF office building in downtown Tavares, FL.
  • Two-story Class B building on a 0.52-acre lot, renovated in 2021.
  • $1,200,000 asking price, fee simple ownership; $41,849 NOI, 3.49% cap rate.
  • Prime location near Lake County Courthouse and Tavares City Hall.
  • Available vacant or with month-to-month tenants.

Property Details for 131 Main St

Property type
Office properties
Square Feet
7,886 SF
Class
B
Year Built/Renovated
1976/2021
Stories
2
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Tavares
County
Lake
State
Florida
Latitude
28.8020324
Longitude
-81.7288239

FAQs

What type of property is this?
Office property - 7,886 SF Office Building, Owner/User Opportunity
Where is the office property located?
The property is located at 131 Main St Tavares, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,886 SF office building in downtown Tavares, FL.; Two-story Class B building on a 0.52-acre lot, renovated in 2021.; $1,200,000 asking price, fee simple ownership; $41,849 NOI, 3.49% cap rate.
How can I contact the broker?
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131 Main St
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