For Sale
$1,400,000

14381 Fl-40Silver Springs, FL 34488

Florida Retail Center: High Occupancy, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
113
Exceptional investment opportunity in Silver Springs, Florida, presents the Lynn Plaza Strip Center, a thriving 10,582 square foot retail complex. This property boasts a 100% occupancy rate, featuring a turnkey liquor store complete with license and inventory, situated within an eight-unit commercial condo complex (within a ten-unit building). Building 2 is a standalone structure currently leased, while Building 1 houses three leased units. Building 3, currently used by the owner for liquor store operations and storage, offers potential for conversion into four separate units, increasing the total to eight rentable spaces. Strategically located on Highway 40, this property benefits from high visibility and convenient access between Interstates 95 and 75, enjoying significant traffic flow. Its proximity to Ocala (9 miles east) and Ormond Beach (60 miles west) further enhances its appeal. The property's location within the Ocala National Forest provides access to abundant recreational opportunities, including lakes, rivers, and various outdoor activities. Daytona Beach is also within a one-hour drive. The gross lease structure ensures consistent income, making this a compelling investment with strong potential for future growth and returns. The asking price is $1,400,000.

Highlights

  • Established liquor store with existing commercial condo leases.
  • High-profit potential with existing revenue streams.
  • Turnkey operation, minimizing upfront setup costs and effort.

Property Details for 14381 Fl-40

Property type
Lifestyle centers, Power centers
Square Feet
10,582 SF

Location Insight

City
Silver Springs
County
Marion
State
Florida
Latitude
29.196265687948
Longitude
-81.91452842263
14381 Fl-40, Silver Springs, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
14381 Fl-40
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message