For Sale
$230,000

Sebring, FL 33870

Highway 27, Sebring, FL: High-return opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property, located on US-27 S in Sebring, Florida, presents a compelling investment opportunity. The 1,200 square foot building, constructed in 1970, boasts a prime location offering excellent highway visibility and stunning views of Lake Jackson. The single-story structure sits on a 0.43-acre lot and is zoned C1, allowing for a variety of potential uses. Currently operating as a creative office space, the property is 100% occupied under a three-year lease, commencing February 1, 2023, and expiring February 1, 2025, leaving two years remaining. The Net Operating Income (NOI) is $19,800, resulting in an attractive 8.61% cap rate. Financial details are available upon request with a Non-Disclosure Agreement. This stabilized investment, categorized as a small business, offers a strong return with a reliable tenant. The property's lakefront position and highway frontage provide unparalleled exposure and appeal. Serious inquiries only.

Highlights

  • Prime lakefront location with highway frontage.
  • 100% occupied commercial building.
  • Strong, reliable tenant in place.

Property Details

Property type
Office properties, Office space
Square Feet
1,200 SF
Year Built
1970
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF
Units
1

Location Insight

City
Sebring
County
Highlands
State
Florida
Latitude
27.491138442877
Longitude
-81.484108479586

FAQs

What type of property is this?
Office property - Highway 27, Sebring, FL: High-return opportunity.
Where is the office property located?
The property is located at Sebring, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Prime lakefront location with highway frontage.; 100% occupied commercial building.; Strong, reliable tenant in place.
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 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.
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