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120 US Highway 27 S

3,528 SF Retail Building Lake Placid, FL 33852 $1,400,000 ($397/SF)

Investment Highlights

  • Prime 3,528+-SF Office/Retail Space
  • Highway Frontage- High visibility property

Executive Summary

Prime Lake Placid Intersection! Subject property was last used as a Bank with a drive-through.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,528 SF
Building Class
C
Year Built
2003
Price
$1,400,000
Price Per SF
$397
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.08 AC
Zoning
C-1
Parking
40 Spaces (11.34 Spaces per 1,000 SF Leased)
Frontage
91 FT on Us-27

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,528 SF
  • Retail
  • -
  • Now

Prime 3,528+-SF Office/Retail Space For Lease at $30 Per Sq/Ft NNN Viewing Central Lake Placid Intersection! Subject property was last used as a Bank with a drive-through. Upside/ Tenant can easily be remodeled by enclosing the 1484+-SF drive through at an additional lease amount to be determined if tenant wishes to expand this facility to 5,012+-SF. Vault is also a special perk for having this property should a Pawn Broker or Firearms deals be interested special materials requiring this. Highest and best value may be Medical/ Emergency Care Facility with a nice long term lease which LL prefers.

Space Size Space Use Position Available
1st Floor 3,528 SF Retail - Now

1st Floor

Size
3,528 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 3,528 SF
Space Use Retail
Position -
Available Now

Prime 3,528+-SF Office/Retail Space For Lease at $30 Per Sq/Ft NNN Viewing Central Lake Placid Intersection! Subject property was last used as a Bank with a drive-through. Upside/ Tenant can easily be remodeled by enclosing the 1484+-SF drive through at an additional lease amount to be determined if tenant wishes to expand this facility to 5,012+-SF. Vault is also a special perk for having this property should a Pawn Broker or Firearms deals be interested special materials requiring this. Highest and best value may be Medical/ Emergency Care Facility with a nice long term lease which LL prefers.

Nearby Major Retailers

Golden Corral
TD Bank
CapitalSpring
Anytime Fitness
SouthState Bank
Publix Super Markets

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • P-06-37-30-091-0020-00B0
  • P-06-37-30-091-0010-00A3
Land Assessment
$198,808
Improvements Assessment
$763,966
Total Assessment
$962,774
  • Listing ID: 31341804

  • Date on Market: 3/27/2024

  • Last Updated:

  • Address: 120 US Highway 27 S, Lake Placid, FL 33852

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