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.
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.
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
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