Contact Doug Lampman for all of your business needs
Homes of Idaho, Inc.
(208) 442-8500

32835 COUNTY ROAD 473, LEESBURG, FL 34788

  • $185,000

Listing Presented By

Travis Sawchuk
(352) 735-7653

Commercial - LEESBURG, FL

Great location with busy road frontage. This property is a great first commercial investors chance. There is an apartment that is rented out at $945.00 monthly, and in the hair saloon there is 5 chairs that are rented out separately to Hair cutters. Garage in the back is rented out $190.00 monthly, both of those rent rates are below market and can be increased. Current income is just over $1,200.00 monthly. Once all chairs are rented out to hair stylists etc, the income will go up atleast by another $700.00 This means that your Gross return on investment cap rate is currently at 8% and when fully rented it can be at 13% This is based on a full price offer.

  • $185,000
  • Commercial
  • Square Footage: 1,924
  • Built In: 1963
  • Last Updated: September 17, 2016
  • Posted: September 17, 2016

32835 COUNTY ROAD 473, LEESBURG, FL 34788

32835 COUNTY ROAD 473, LEESBURG, FL 34788 is an , Commercial in Leesburg, Florida for $185,000 with and offered by Travis Sawchuk of COLDWELL BANKER COMMERCIAL. To learn more about 32835 COUNTY ROAD 473, LEESBURG, FL 34788 contact Travis Sawchuk for more information or to request a showing.

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