116 W KINGS HWY, CENTER HILL, FL, 33514
$895,000
Commercial Sale
|
Lot Size
36,599 Sqft
|
Offering Investment Opportunity 6.7% CAP Rate for a 5,037+/- SF Bldg with finished offices and 3,222+/- SF of warehouse. Property sits directly on CR 48 / Kings Hwy and the corner of Florida Ave. Located within the City of Center Hill, Zoned CH / Heavy Commercial, lot size is .84 acre, and 183'x201'. The building was just remodeled in 2024 with beautiful new offices, admin and waiting, conference room, and breakroom. The 3,222+/- SF warehouse has 5 grade level overhead rollup doors, security fenced storage yard, and new electrical service. Seller will need to lease building back during the completion of their new facility. Building and property are attractive and well maintained. Property is less than an hour to Orlando or Ocala and just minutes to The Villages. All information is believed accurate and correct be not guaranteed or warranted and subject to change without notice. With The Villages continued expansion and growth don't let this opportunity be the one you wished you had taken!! Shown by appointment only
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRG5095564 | Year Built: | 1994 | |
| Appliances: | Microwave, Refrigerator | Construction Materials: | Metal Frame, Metal Siding | |
| Cooling: | Office Only | Country: | US | |
| County Or Parish: | Sumter | Foundation Details: | Slab | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, Lease Back | |
| Property Condition: | Completed | Property Sub Type: | Mixed Use | |
| Property Type: | Commercial Sale | Road Frontage Type: | City Street, County Road, Main Throrughfare | |
| Road Surface Type: | Paved | Showing Requirements: | Appointment Only, Call Listing Agent, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Capable, Electricity Available, Phone Available, Water Connected | |
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