3341 Us 27Sebring, FL 33870

Property Details for 3341 Us 27

Year built

1991

Lot size

1.38 AC

Property type

Other commercial real estate

Description

This exceptional 4,000+ square foot retail building presents a lucrative investment opportunity in the thriving city of Sebring, Florida. Strategically located on US Highway 27, this property boasts a prime location alongside established businesses such as Dairy Queen, Captain D's, Arby's, and WaWa, ensuring high visibility and foot traffic. The 1.38-acre lot provides ample space for potential expansion and future development. The property benefits from exceptional daily traffic counts averaging 31,000 vehicles, as reported by the Department of Transportation. The existing building offers immediate income potential, with the possibility of leasing space for up to $30 per square foot. This presents a significant opportunity for long-term profit generation through leasing and subsequent sale after depreciation is realized. The current structure offers a solid foundation, but there's also significant upside potential for renovations and modernization, including the addition of modern parapets to attract additional tenants. This property is ideal for investors seeking a high-return commercial investment in a rapidly growing area. The combination of prime location, high traffic volume, and expansion potential makes this a truly unique opportunity. The asking price is $1,499,900.

Location Insight

City

Sebring

County

Highlands

State

Florida

Latitude

27.5121

Longitude

-81.4942

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