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1156 State Road 20

2,646 SF 100% Leased Retail Building Interlachen, FL 32148 $489,500 ($185/SF)

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Executive Summary

This complex has three rental properties and a potential for four rentals. 101 LONG AVE is included in this sale. All units are rented. There is a very popular restaurant. The second unit is a hair salon, and the third unit is a nail salon.
The owner has put a new roof on the building in the last couple years and a new parking lot with the last year. The house (101 Long Ave) needs some work but could make an excellent rental.
The location is AWESOME. It has 115 feet plus or minus on a state road 20, the main artery from Gainesville to the East Coast.

Property Facts

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Building Size

2,646 SF

Year Built/Renovated

1971/1985

Price

$489,500

Price Per SF

$185

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.06

Land Acres

0.96 AC

Zoning

C-2 - Light commercial

Frontage

115 FT on FLORIDA 20

Amenities

Corner Lot
Restaurant

Security System
Signage

Wheelchair Accessible
Air Conditioning

Smoke Detector

About 1156 State Road 20 , Interlachen, FL 32148

PROPERTY IS 115 FEET ON FLORIDA 20. IT HAS THREE UNITS. ALL UNITS ARE RENTED. ONE IS A RESTUARANT, ONE IS A HAIR SALON AND THE OTHER IS A NAIL SALON. 101 LONG AVE IS ALSO BEING INCLUDED IN THE SALE. THIS IS A HOUSE IN BACK OF THE COMMERCIAL BUILDING. THIS COULD BE A FOURTH RENTAL PROPERTY. THIS IS A GREAT INVESTMENT!!

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