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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

PROPERTY TAXES

Parcel Number
S-29-34-29-070-0760-0190
Land Assessment
$50,000
Improvements Assessment
$110,432
Total Assessment
$160,432
  • Listing ID: 31600206

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 648 S Commerce Ave, Sebring, FL 33870

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