LAKE WALES, FL 33859

Property

Ownership: Fee Simple
Type: mixed-use
Lot Size: 11.0 Acres

Financials

Price:$5,400,000
Annual Taxes:$23,924
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of GULF COAST EXECUTIVE REALTY

Exceptional commercial real estate opportunity offering a unique combination of improved property and substantial acreage.

Description

Exceptional commercial real estate opportunity offering a unique combination of improved property and substantial acreage. This versatile property features multiple existing buildings situated on a spacious tract of land, providing flexibility for a variety of commercial, investment, or redevelopment opportunities. The property is zoned Limited Commercial Industrial (LCI) by the city of Lake Wales. Permitted use include: Construction support-light & heavy, laboratory, research, landscaping service, mini-storage, professional, public facilities, farming, crop or nursery, catering facility, food processing, health service, hospitals, veterinary, animal hospital, assembly & fabrication, laundry & dry cleaning, warehouse, auto rental, auto dealer, auto parking, recreational vehicle, mobile home, or boat dealers. The property's feature building is the complete auto dealership and includes approximately 11,876 SF of gross building area; 5,400 SF is finished office/showroom space, the remainder is a mix of garage, storage, and auto service area. There’s an additional 2,344 SF of canopies and an additional 4,125 SF service department in the rear. The interior front of the building features an open showroom and offices, the rear houses the shop and service department area and was remodeled in 2004. All of the out-buildings have electricity and water. Other site improvements include approximately 50,000 SF of concrete paving as well as signage typical of auto dealerships. The property has approximately 10.96 acres with total developable area is approximately 9.69 acres. 1.27 acres is submerged, low or inaccessible

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.