For Sale
$650,000

758 Scenic HwyBabson Park, FL 33827

Babson Park, FL Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8,000 square foot retail strip center in Babson Park, Florida, presents a compelling investment opportunity. Located at 758 N Scenic Highway (State Road 17), this fully occupied property boasts 44 parking spaces and sits on a 1.48-acre lot. Built in 1985, the single-story building is zoned RCC- Rural Cluster Center (Polk County) and offers significant upside potential due to below-market rents. The property's convenient location offers easy access to US Highway 27 (4 miles west) and downtown Lake Wales (approximately 15 minutes north), positioning it ideally for future growth in a high-demand area. The property's current 100% occupancy ensures a steady income stream, while its straightforward management and maintenance contribute to its overall appeal. The asking price is $650,000, translating to $81.25 per square foot. This is a rare chance to acquire a well-maintained, income-producing retail center in a thriving Florida market. The property's APN is 283033955300036200.

Highlights

  • Proven income-generating strip center.
  • Located in a high-growth market.
  • Significant value-add potential.

Property Details for 758 Scenic Hwy

Property type
Neighborhood centers, Retail properties
Square Feet
8,000 SF
Year Built
1985
Buildings
1
Stories
1
Lot Size (sq. ft)
64,469 SF
Units
1

Location Insight

City
Babson Park
County
Polk
State
Florida
Latitude
27.8334266
Longitude
-81.5256565
758 Scenic Hwy, Babson Park, Florida

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758 Scenic Hwy
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