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Key Details
Sold Price $2,925,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 24,075 sqft
Price per Sqft $121
MLS Listing ID G4681891
Sold Date 08/20/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 2006
Annual Tax Amount $18,602
Lot Size 3.630 Acres
Acres 3.63
Property Description
Five Ranch Style Retail/Office Buildings. Four -built in 2008 and one- built in 2006, all still in great shape and good appearance. Total square footage is just over 24,000 sf with approximately 18,000 sf leasable/usable. There is room to build one more 4,800 sf Building. Zoned light commercial and in the heart of The Villages development; located on Hwy. 301 between Wildwood and Oxford this retail plaza has room for growth. It has City of Wildwood water and sewer. This is a unique opportunity to invest in an established business with tenants in place. CAP rate of 6+% Please note, Smith & Smith Realty is acting as a single agent broker, representing the seller.
Location
State FL
County Sumter
Zoning CL
Exterior
Waterfront false
Building
Lot Size Range 2 to less than 5
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Bought with FLAMINGO REAL ESTATE & MNGMT