104 N. Main AVe | 104 N. Main ave
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104 N. Main AVe 104 N. Main ave
1,161 SF Office Building Minneola, FL 34715 $350,000 ($301/SF) 7.57% Cap Rate
Investment Highlights
- Flexible Zoning
- Large outdoor space for additional parking, meeting space, etc.
- 3 spacious rooms for office/flex space with large common area for clients/customers
Executive Summary
Welcome to this versatile 1161 Sq. ft. 3-room, 2-bathroom single-family home, now rezoned for Office Residential (OR) use on Main Ave in the heart of Downtown Minneola. This charming property offers the perfect opportunity for small business owners or entrepreneurs looking for a unique space to rehab and transform into their office, studio, or workspace. Located in a prime area with easy access to local amenities, this property provides a blend of residential comfort and business potential. Imagine being at the forefront of Minneola's exciting transformation. Dont miss out on being a key part of downtown's bright future and it's revitalization projects.
Key Features:
3 Spacious Bedrooms: Convert these into offices, meeting rooms, or flexible workspaces.
2 Full Bathrooms: Ideal for staff or clients, with potential to add additional amenities.
Large Living Area: Perfect for a reception area, collaborative workspace, or client lounge.
Private Yard: A great space for additional parking, outdoor meetings, events, or breaks.
Zoning Flexibility: The OR zoning allows for residential living while accommodating professional office or business use, giving you the freedom to customize the space to meet your business needs.
Ample Parking: The driveway and potential space for additional parking make it convenient for clients and employees.
Whether you’re a small law firm, boutique, healthcare practice, or creative studio, this property offers the chance to design your dream office space in a home-like setting. With a little TLC and vision, this property could become the perfect headquarters for your business, all while maintaining the comfort of a residential atmosphere. Don’t miss this rare opportunity to own a flexible space in a thriving area!
Key Features:
3 Spacious Bedrooms: Convert these into offices, meeting rooms, or flexible workspaces.
2 Full Bathrooms: Ideal for staff or clients, with potential to add additional amenities.
Large Living Area: Perfect for a reception area, collaborative workspace, or client lounge.
Private Yard: A great space for additional parking, outdoor meetings, events, or breaks.
Zoning Flexibility: The OR zoning allows for residential living while accommodating professional office or business use, giving you the freedom to customize the space to meet your business needs.
Ample Parking: The driveway and potential space for additional parking make it convenient for clients and employees.
Whether you’re a small law firm, boutique, healthcare practice, or creative studio, this property offers the chance to design your dream office space in a home-like setting. With a little TLC and vision, this property could become the perfect headquarters for your business, all while maintaining the comfort of a residential atmosphere. Don’t miss this rare opportunity to own a flexible space in a thriving area!
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$30,000
|
$25.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$30,000
|
$25.84
|
| Taxes |
$3,500
|
$3.01
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,500
|
$3.01
|
| Net Operating Income |
$26,500
|
$22.83
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $25.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $25.84 |
| Taxes | |
|---|---|
| Annual | $3,500 |
| Annual Per SF | $3.01 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,500 |
| Annual Per SF | $3.01 |
| Net Operating Income | |
|---|---|
| Annual | $26,500 |
| Annual Per SF | $22.83 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,161 SF
Building Class
C
Year Built
1989
Price
$350,000
Price Per SF
$301
Cap Rate
7.57%
NOI
$26,500
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,161 SF
Building FAR
0.11
Land Acres
0.24 AC
Zoning
OR - Office/residential
Parking
3 Spaces (2.58 Spaces per 1,000 SF Leased)
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104 N. Main AVe | 104 N. Main ave
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