For Sale
$650,000

1225 Hwy 27Sebring, FL 33870

High-Occupancy Multi-Tenant Office Complex

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a freestanding, two-story commercial building situated on US Highway 27 in Sebring, Florida. Boasting 4,610 total square feet, with 4,488 square feet of climate-controlled space, this property offers 13 units, currently enjoying a 92% occupancy rate. Twelve tenants occupy the building, generating consistent income and minimizing vacancy risk. Built in 1979 and renovated in 1996, the building features ample parking (30 spaces) for tenants and clients, six full restrooms, and substantial storage. The property sits on a 0.38-acre lot and benefits from 100 feet of high-visibility frontage on US Highway 27, enhanced by large signage for optimal exposure. The C1 zoning allows for a variety of uses. This multi-tenant office complex, with its strong occupancy and prime location, presents a compelling addition to any investment portfolio. The gross lease structure simplifies management, and existing tenants contribute significantly to covering monthly expenses. The property's features, including its high visibility, ample parking, and established tenancy, make it an attractive investment in a growing market. The asking price is $650,000.

Highlights

  • Freestanding two-story commercial building with 92% occupancy.
  • 100 feet of US Hwy 27 frontage.
  • High-visibility signage on US Hwy 27.
  • Existing tenants contribute significantly to monthly expenses.

Property Details for 1225 Hwy 27

Property type
Retail properties, Office properties
Square Feet
4,610 SF
Year Built/Renovated
1979/1996
Buildings
1
Stories
2
Lot Size (sq. ft)
16,553 SF
Units
13

Location Insight

City
Sebring
County
Highlands
State
Florida
Latitude
27.472674002084
Longitude
-81.467779383246
1225 Hwy 27, Sebring, Florida

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1225 Hwy 27
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