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Jeramiah Bustin

jeramiah.bustin@engelvoelkers.com +1(813) 857-2120

$ 1,200,000

Est. payment -/mo

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540 S SCENIC HWY Frostproof, FL 33843

10,358 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,358 sqft

Price per Sqft $115

Subdivision Davis E N Resub

MLS Listing ID TB8525814

Construction Status Completed

HOA Y/N No

Year Built 1928

Annual Tax Amount $5,351

Lot Size 3.530 Acres

Acres 3.53

Lot Dimensions 282x110

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Virtually Staged. Are you looking for an amazing investment opportunity off of a busy highway in Frostproof? Come check out this 3.53 acre lot that has 3 BUILDINGS/BUSINESSES! There is a fully operating liquor store that has approximately 9 years left on escalating payment lease. It has many storage rooms and a restroom. There is also an attached building that used to be a fully functional bar/nightclub!!! It is approximately 6,700 square feet of opportunity! There is a dividing wall and it is already setup with 2 restrooms! It is currently leased with 2.5 years left on that lease but once that is complete it could be used as a cigar lounge/nightclub/bar. You will have ample parking out front for all of your customers with the oversized parking lot! There is also an open field of possibilities that is zoned commercial and can be used for more storage units, another business or additional parking. There is a 60 UNIT STORAGE BUILDING in the back of the property that has it's own separate entrance and is completely fenced. It is not air conditioned. It has 60 units 20- 10X10 units and 40- 5X10 units with 45 units currently rented with no advertisement. It has steady producing income and could grow. There is approximately 8,000 to 12,000 Average Daily Traffic Volume on the busy S Scenic Hwy (US 17) which will give you street front exposure and plenty of opportunity for business. All Measurements are approximate. Schedule your showing today!!!

Location

State FL

County Polk

Community Davis E N Resub

Area 33843 - Frostproof

Zoning XX

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Ground Level

Utilities Available Electricity Available

Roof Type Membrane,Shingle

Exposure East

Building

Lot Description Oversized Lot, Street Lights, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8525814

Listed by Mary Grantham CHARLES RUTENBERG REALTY INC

NEARBY SCHOOLS & PROPERTIES

Jeramiah Bustin

License Partner | Broker Associate | Professional Athlete Advisory | Development Services

+1(813) 857-2120

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