151 1st St S - Medical FOR SALE


Winter Haven, FL 33880
$900,000 USD
863-899-5332
151 1st St S, Winter Haven, FL for Sale
$900,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

151 1st St S
Winter Haven, FL 33880


HIGHLIGHTS

  • Both roofs were replaced in March of 2024.
  • 3 large offices and an open reception area.

OVERVIEW

Incredible opportunity to own 2 office buildings totaling 3600 sq. ft. of office space in a premier highly desired location of downtown Winter Haven. Current traffic count AADT 28,500 for amazing exposure for any business. This property is currently zoned commercial office, the property is also located in a Winter Haven redevelopment area which can offer many benefits to the new owner. The property is also located in a Federal opportunity area which could potentially offer some tax credits as well. The buildings themselves are constructed of concrete block with a flat concrete roof, virtually a concrete bunker, with a hip-style roof added. Both roofs were replaced in March of 2024, w/ Owens Corning shingles, six nails per shingle rated up to 130 mph wind speeds. Underlayment is Roofnado Anchor Deck high temperature peel and stick waterproof barrie, favored by insurance companies reducing premiums. Both roof decking's were also renailed to proper code which will also result in a wind mitigation credit. All A/C units were replaced in March 2024. Buildings feature two 900 sq. ft. office spaces w/ two restrooms, 3 large offices and an open reception area, that could be made into office space as well if needed. Potable water sources, drain systems, and restrooms are located on the perimeter of the building, making it very easy to add sinks to offices to support medical operations. 14 parking spaces are available when accounting for parking in the rear driveway. The east building has a door in-between the offices already making it convenient for one occupant, this could be easily done with the west building as well. Currently both buildings are fully occupied by long term tenants for over 10 years. Schedule a private tour today, do not miss this opportunity.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

CITY

APN/PARCEL ID

05-29-26-665500-001261

ASK ABOUT THIS PROPERTY

Jason GregoryKeller Williams Suburban TampaMore Info
863-899-5332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jason GregoryKeller Williams Suburban TampaMore Info
863-899-5332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.