61 N CENTRAL AVE, UMATILLA, FL, 32784
$474,000
Commercial Sale
|
Living Area
3,921 Sqft
|
Lot Size
4,071 Sqft
|
Positioned in the heart of downtown Umatilla, this versatile mixed-use property presents a strong income-producing opportunity with both residential and commercial components. The second-floor features three well-maintained 1-bedroom, 1-bath apartments, all updated with interior paint and remodeling completed in 2015, offering comfortable living spaces ideal for steady rental income. The ground floor is currently configured as a salon/hair studio, with excellent visibility and storefront presence. The layout provides flexibility to accommodate a single user or be demised into two separate commercial units, each with its own entrance and display windows ideal for retail or service-oriented tenants. Additional value is found at the rear of the property, where a detached garage offers potential for supplemental rental income or on-site storage. Parking is conveniently available both curbside and behind the building. Capital improvements include a roof replacement in 2014, along with new gutters and downspouts, and exterior stucco and paint completed in 2015—reducing near-term maintenance concerns. With its central location, multiple income streams, and adaptable layout, this property represents an excellent opportunity for investors or owner-users seeking a foothold in a growing downtown market.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRG5111453 | Year Built: | 1941 | |
| Construction Materials: | Block | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Lake | |
| Foundation Details: | Block | Income Includes: | Rent Only | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Commercial Financing | |
| Occupant Type: | Tenant | Property Sub Type: | Multi-Family 5+ | |
| Property Type: | Commercial Sale | Road Frontage Type: | Highway | |
| Road Surface Type: | Paved | Showing Requirements: | Call Listing Agent 2, Do Not Contact Tenants, No Lockbox, See Remarks | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | |||
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