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1401 Hwy 70E Okeechobee 1401 Highway 70

4,000 SF Retail Building Okeechobee, FL 34972 $550,000 ($138/SF)

EXECUTIVE SUMMARY

1401 Highway 70 in Okeechobee, FL, is a prime commercial property comprising five lots in total. Two lots front Highway 70 E, while the other three are positioned on NE 14th Ave and NE 2nd St, making this a prominent corner location. The property features a building with three units, offering flexible commercial space, though the roof and bathroom will need renovation. With excellent visibility and access in a high-traffic area, this site holds significant potential for various business opportunities. Its location within a primarily residential area adds to its commercial appeal, making it an attractive investment.

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
4,000 SF
Year Built
1959
Price
$550,000
Price Per SF
$138
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
Commercial - COMMERCIAL CORRIDOR MIXED USE

NEARBY MAJOR RETAILERS

Applebee's
Bravo Supermarkets
Rent-A-Center
Regions Bank
Bank of America
Hwy 55 Burgers Shakes & Fries
Seacoast Bank
Truist
Golden Corral
  • Listing ID: 31117064

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 1401 Highway 70, Okeechobee, FL 34972

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