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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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119 Allamanda Drive
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PRICED AT ONLY: $575,000

Address: 119 Allamanda Drive, LAKELAND, FL 33803

Description

Investor or potential owner/user opportunity. Located just off of South Florida Ave near Southgate Shopping Center, we are pleased to present this fully leased retail/office building on Allamanda Drive. Comprising 2,150 SF, the property currently collects $44,000 per year in rent PLUS another $6,400 in yearly expenses charged back to the tenants. Each space is approx. 1,075 SF the current tenants are a mattress retailer and pet groomer. The pet groomer has a front reception area, with a separate grooming area just off of the reception area. The remaining area is a work space, pet holding room, laundry, office and bathroom. The mattress retailer space is open by appointment, with flex offices and a bathroom in the rear of the space. The property is zoned C 2, City of Lakeland. This zoning allows for a wide variety of uses, including retail, office, restaurant and many others.
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  • MLS#: O6290664 ( Commercial Sale )
  • Street Address: 119 Allamanda Drive
  • Viewed: 30
  • Price: $575,000
  • Price sqft: $267
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 2150
  • Days On Market: 142
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Ceramic Tile, Concrete
  • Living Area: 2365.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, Sidewalk, Street Lights, Suburb
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Common
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 43153.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: CLEVELAND HEIGHTS UNIT NO 1 PB 8 PGS 26 TO 28 BLK A LOT 16 E 43 FT & E 43 FT OF 17
  • Area Major: 33803 - Lakeland
  • Parcel Number: 24-28-30-254800-010161
  • Possession: Close Of Escrow
  • Views: 30
  • Zoning Code: C-2

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin