160 W Haines Blvd - Warehouse FOR SALE


Lake Alfred, FL 33850
$2,800,000 USD
352-267-6216
160 W Haines Blvd, Lake Alfred, FL for Sale
$2,800,000 USD
Warehouse - FOR SALE
1/48
null | Request Cap Rate

160 W Haines Blvd
Lake Alfred, FL 33850


HIGHLIGHTS

  • Warehouse - Munters Industrial Humidifier and Ducts $116,000
  • Warehouse - 15 High CFM Commercial Fans
  • Owners Apartment 1644 sqft.
  • Managers Apartment 908 sqft
  • Office 863 sqft.
  • 246 Mailbox Rental Units

OVERVIEW

Introducing a prime investment opportunity in the Lake Alfred area. This historic distinguished property boasts a 51,148 SF building featuring 11,410 SF - 160 Brand New Self Storage Units, 246 Mailbox Rentals, 2 Apartments, almost 24,000 additional retail and storage SF, offering versatility and potential for income generation or expansion. Owner has installed a Fire Sprinkler System that will protect 22,000 SF which will cover the Storage Warehouse Units and additional areas of the building. Owner is in the process of reroofing 4,500 SF (notice the roof aerial). This building is making money and is on the cusp to currently double the cashflow in a few months. Owner also has plans to add an additional 188 (13,406 SF) additional Storage Units. The current situation plus the future expansion of interior retail and storage space has the potential to create an additional income stream in excess of $80,000/month. Built in 1922, the historic charm of the building is complemented by a C2 and MU (FLU) zoning designation, accommodating a variety of commercial uses. Located in the thriving Lake Alfred area, this property presents an unparalleled chance to invest in a well-established community with promising growth prospects. Embrace the character and possibilities of this exceptional property, strategically positioned for success in a sought-after location. Price Per SF $54.74

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Alfred Packing House Self Storage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.16

LAND SF

94,090

ZONING

C2 - FLU MU

APN/PARCEL ID

26-27-32-503000-033011

ASK ABOUT THIS PROPERTY

Trish LeisnerSaunders CommercialMore Info
352-267-6216

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Trish LeisnerSaunders CommercialMore Info
352-267-6216

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