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610 N 6th Ave
Wauchula, FL 33873

Retail Property For Sale

Mixed Use Properties Florida Wauchula 610 N 6th Ave, Wauchula, FL 33873

Investment Highlights

  • Retail Strip with 5 unit self-storage spaces in rear of property
  • Property features parking lot with three points of ingress and egress | Property features pylon sign adding visibility to the property
  • Excellent retail location along N Sixth Avenue / US Highway 17 with 14,000+ vehicles per day along N Fifth Avenue and 12,500+ vehicles per day
  • Value-Add Opportunity: Significant potential for increased revenue through leasing the remaining vacant space, with current occupancy at just 39.75%
  • Rear self-storage units are accessible from both the front of the property entrance with dedicated turn lane
  • Located in a dense retail hub along the main thoroughfare into downtown Wauchula

Executive Summary

Retail Strip with 5 unit self-storage spaces in rear of property | Value-Add Opportunity

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,720 SF
Building Class
C
Year Built
1981
Price
$350,000
Price Per SF
$74
Cap Rate
10.87%
NOI
$38,045
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.61 AC
Zoning
C2 - General Commercial
Parking
7 Spaces (1.48 Spaces per 1,000 SF Leased)
Frontage
85 FT on N 5th Ave

Amenities

  • Pylon Sign

PROPERTY TAXES

Parcel Number 0434-25-0240-00003-0004 Improvements Assessment $140,207
Land Assessment $93,552 Total Assessment $233,759

PROPERTY TAXES

Parcel Number
0434-25-0240-00003-0004
Land Assessment
$93,552
Improvements Assessment
$140,207
Total Assessment
$233,759
 

  • Listing ID: 32817107

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 610 N 6th Ave, Wauchula, FL 33873

More public record information on 610 N 6th Ave, Wauchula, FL 33873

The Retail Property at 610 N 6th Ave, Wauchula, FL 33873 is currently available for sale. Contact Marcus & Millichap for more information.

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