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407 West Street
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PRICED AT ONLY: $2,400,000

Address: 407 West Street, BUSHNELL, FL 33513

Description

Great investment opportunity with this 100% leased retail strip center with a potential 7+% CAP rate. The property is fully occupied and offers great upside potential through future rent increases. Recent improvements include a new HVAC system (less than one year old) in all units, and the building has been well maintained with minimal deferred maintenance. Located at the corner of N West Street and E Noble Avenue, the site features a monument sign for high visibility. Located just minutes from the busy I 75 corridor and a short drive to The Villages. This is a turnkey asset in a growing market. Do not disturb tenants. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.

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  • MLS#: G5100362 ( Commercial Sale )
  • Street Address: 407 West Street
  • Viewed: 37
  • Price: $2,400,000
  • Price sqft: $190
  • Waterfront: No
  • Year Built: 2000
  • Bldg sqft: 12600
  • Days On Market: 40
  • Acreage: 1.86 acres
  • Additional Information
  • Geolocation: 28.6675 / -82.1203
  • County: SUMTER
  • City: BUSHNELL
  • Zipcode: 33513
  • Subdivision: Galloways Add
  • Provided by: GRIZZARD COMMERCIAL REALESTATE
  • Contact: Daniel Tatro
  • 352-787-6966
  • mfrmls
  • DMCA Notice

Description

Great investment opportunity with this 100% leased retail strip center with a potential 7+% CAP rate. The property is fully occupied and offers great upside potential through future rent increases. Recent improvements include a new HVAC system (less than one year old) in all units, and the building has been well maintained with minimal deferred maintenance. Located at the corner of N West Street and E Noble Avenue, the site features a monument sign for high visibility. Located just minutes from the busy I 75 corridor and a short drive to The Villages. This is a turnkey asset in a growing market. Do not disturb tenants. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 12600.00
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Main Throrughfare
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: LOT 4 GALLOWAYS ADD TO BUSHNELL LESS THEN 249.00 FT THEREOF AND LESS THE S 129 FT THEREOF AND LESS R/W FOR WEST STREETON WEST SIDE THEREOF PB 1 PG 41
  • Levels: One
  • Area Major: 33513 - Bushnell
  • Parcel Number: N16G014
  • Possession: Close Of Escrow
  • Views: 37
Nearby Subdivisions
Bushnell   Bushnell Park 01   Galloways Add   Maddox   Sumter Terrace   Sunland Estates  
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