Commercial property in Leesburg, Florida 275.73 sq.m. № 2141199

ID2141199
$ 599 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Excellent Professional Office Building in Downtown Leesburg. 1/3 an acre, perfect location on a corner lot with 2 sides for parking. Current tenant in place, lease expires in a few months - building will be ready for an owner-occupant. (July 2026) This building has multiple (4) very large offices (one used to be a conference room), a Storage room in front of a very large safe, 3 restrooms, one of which has a shower. Kitchen/breakroom, nice reception office, and customer waiting room, plenty of storage, and closets. Currently has a tenant in place until the end of 2026. Great cash flow, CAP Rate 7.5. Modified Gross Lease. 17 parking spaces, and in 2011, the lot was repaved. Re-roof and Building Painted in 2020, Central AC Unit 2024 (7.5 Ton Rheem Split System), and a Mini Split located in the Computer Server Room. This is a very nice building that is very well taken care of. Great investment for an Owner-User or a nice investment. Located just down the street from all of the downtown activity. Local College, restaurants, and shops are within a few blocks away.MLS #: G5104665
Contact the seller
CityLeesburg
Address1029 W MAGNOLIA STREET
TypeCommercial property
Living space275.73 m²
- m²
- sq. ft
Completion dateIV quarter, 1977
Price
- Price
- per m²
$ 599 000
- EUR €
- USD $
- RUB ₽
- GBP £
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