$650,000

310 W Magnolia Street

LEESBURG FL, 34748

Description

Historic Butler Chevrolet Building. Two story, 22,880 sq ft. 2nd floor great for loft apartments, condos or offices open, bright and airy, brick walls, lots of exposed wood. Great Potential!! Adjacent to city parking lot. 1st floor has 3 tenants and rental income of $3,300 per month. Auto repair shop, $600, Main Street Antiques, $1,300, Ellen's 3rd St Cafe, $1,400. Ellen's Cafe will have rent increases of $500 per month for the next 2 years of a 3 year lease. No current lease on Main St Antiques or auto repair shop. Zoned for assembly. Realtor Jerry Galbreath is part owner.

Details

MLS#G4659732
StyleIndustrial
Sub-TypeResale
StatusActive
Year1924
Days On Site2254

Features

SQ Feet22,880
Story(s)1

Market Activity 34748

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Area Information

StateFL
CountyLake
CityLEESBURG
Zip Code34748
Area34748 - Leesburg
Listing VS Median (in 34748)
Price:
$650,000
low | high
Med:
$199,000
100% of Average
SqFt:
22,880
low | high
Med:
0
100% of Average
$ / SqFt:
$28
low | high
Med:
$0
100% of Average
On Site:
2254
low | high
Med:
43
100% of Average
Listing Updated: 09/18/2019
MLS Number: G4659732
Listing Provided By:
Gerald Galbreath  of  GALBREATH REALTY INC.

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