648 S Commerce Ave
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648 S Commerce Ave
2,259 SF Retail Building Sebring, FL 33870 $399,000 ($177/SF)
Executive Summary
Presenting an excellent addition to any investor's portfolio in beautiful downtown Sebring, this income-producing commercial property offers a lucrative opportunity in a thriving business district. Strategically located and meticulously maintained, this building is already rented out to a successful business, ensuring immediate returns on your investment. With a stable tenant in place and potential for future growth, this property promises to be a valuable asset for seasoned investors and newcomers alike. Seize the chance to diversify your portfolio with this prime commercial space, poised for long-term financial success. Lease in effect until March 21.2025 for current occupant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,259 SF
Building Class
C
Year Built
1970
Price
$399,000
Price Per SF
$177
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
0.36 AC
Zoning
C1
Parking
3 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
32 FT on S Commerce Ave
PROPERTY TAXES
Parcel Number | S-29-34-29-070-0760-0190 | Improvements Assessment | $110,432 |
Land Assessment | $50,000 | Total Assessment | $160,432 |
PROPERTY TAXES
Parcel Number
S-29-34-29-070-0760-0190
Land Assessment
$50,000
Improvements Assessment
$110,432
Total Assessment
$160,432
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648 S Commerce Ave
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