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HISTORIC DOWNTOWN LAKELAND FREE STANDING BLDG 123 Main St

544 SF Retail Building Auburndale, FL 33823 $299,000 ($550/SF)

Investment Highlights

  • Historic Downtown Auburndale - Free Standing Building Corner Property 544 SF renovated property. Survey available.
  • Extensive work on the inside - it's a fantastic, well appointed space.
  • Tenant handles their own electric. Landlord pays property taxes, hazard insurance and water/sewer.
  • Traditional reception and waiting area, two stylist areas , sink and cabinet area, plus one bathroom.
  • 2 year lease in place expires mid 2026. Salon tenant pays $1,200 per month.
  • 13 x 24 Smithbuilt Shed also included with the property. Shed has a mini split unit, and could function in different ways.

Executive Summary

Superb hard corner lot in the heart of historic downtown Auburndale. What the building lacks in size, it makes up for with its tasteful and completely renovated interior. There is a solid personal service tenant on a two year lease at $1,200 per month. Also included in the property is a 13x24 (321 SF) Smithbuilt shed, currently used for storage. The shed has a mini split unit, and could be used for additional purposes.
The space itself is set up as a stylist salon, with new laminate flooring and modern counters. It features a waiting area, stylist chairs, a separate stylist space, and one bathroom.
Downtown Auburndale and the City of Auburndale itself are in a growth mode, both from a commercial and residential standpoint. Its location within Polk County, one of the fastest growing counties in the nation. The county has been beneficial to several large companies, including Amazon establishing major footprints in the area.
The property is in proximity to I-4 and also to other larger cities including Winter Haven, Lakeland, and Davenport. It's only 49 ± miles from downtown Tampa and 56 ± miles to downtown Orlando.
Survey available.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
544 SF
Year Built/Renovated
1930/2022
Price
$299,000
Price Per SF
$550
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District - City of Auburndale
Frontage
88 FT on Main Street S

Amenities

  • Corner Lot
  • Signage
  • Air Conditioning

Nearby Major Retailers

Truist
Beef 'O' Brady's
CrossFit
Checkers
Scooter's Coffeehouse
Rent-A-Center
Bank of America
Planet Fitness
Winn-Dixie
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-28-11-333000-000010
Land Assessment
$36,445
Improvements Assessment
$48,803
Total Assessment
$85,248
  • Listing ID: 34266335

  • Date on Market: 12/21/2024

  • Last Updated:

  • Address: 123 Main St, Auburndale, FL 33823

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