For Sale
$230,000

0Sebring, FL 33870

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

Overview

Added:
Dec 11, 2024
Days on market:
115
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
Sebring, Florida

FAQs

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