5053 SE ABSHIER BLVD BLVD, BELLEVIEW, FL, 34420
$490,000
Commercial Sale
Lot Size
16,988 Sqft
Belleview Plaza presents an exceptional opportunity to acquire a fully leased, multi-tenant neighborhood retail center with stable in-place income and immediate upside potential. The property consists of four units occupied by a complementary mix of service-oriented tenants, making it a resilient asset in a growing Central Florida corridor. The center is currently fully occupied, generating consistent cash flow with a Net Operating Income (NOI) of approximately $32,639 annually. Each unit is separately metered for electric, with tenants responsible for their own usage, while ownership maintains minimal expense obligations, contributing to efficient operations and predictable overhead. A key highlight of this offering is the below-market rental structure, which creates a compelling value-add opportunity for investors. Rental rates can be increased over time to align with market levels, offering the potential to enhance returns and overall asset value without the need for significant capital improvements. Strategically positioned along SE Abshier Blvd, the property benefits from strong local traffic, easy accessibility, and proximity to surrounding residential neighborhoods, supporting long-term tenant stability.
Property Details
Property Features Property Features
MLS ID: MFRG5111455 Year Built: 1977
Construction Materials: Block, Concrete Cooling: Central Air
Country: US County Or Parish: Marion
Flooring: Vinyl Foundation Details: Slab
Heating: Electric Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Commercial Financing, Other
Occupant Type: Tenant Property Sub Type: Mixed Use
Property Type: Commercial Sale Road Frontage Type: City Street, Highway, State Road
Road Surface Type: Paved Roof: Built-Up
Security Features: Security Lights Sewer: Public Sewer
Showing Requirements: Call Listing Agent 2, No Lockbox, See Remarks Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Water Source: Public
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