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1904 Thomas Ave Leesburg, FL 34748

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For Sale
$2,900,000

First-class professional office building with established income and value-add opportunity.

Lot size:
2.74 Acres

Property Features for 1904 Thomas Ave

General Information

Standard status
Active
Lot size
2.74 Acres

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Listing Contact
Scott Strem
Source: Exprealty

Listing Agency: morris realty and investments Listing Agent: Scott Strem

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Professional Office Building For Sale

This 19,278 square foot professional office building offers established income and a value-add opportunity. The building features three units, with two currently tenant-occupied under NNN leases. A 3,000 square foot mezzanine offers potential for additional income through build-out and leasing. Upgrades include new A/C units for two of the units, high-speed data lines, LED lighting, a PA system with white noise, and security/fire alarms. The building is fully sprinkled and has over 90 parking spaces. The vacant 5,300 square foot unit features a lobby with floor-to-ceiling glass, a kitchen/breakroom area, and large rooms suitable for classrooms, conference rooms, or private offices. This unit is suitable for a customer service or call center, healthcare services, institutional, school, church, or corporate office/headquarters. The property is located in Central Florida, less than an hour from Orlando and Ocala, and minutes from The Villages, I-75, the Florida Turnpike, and US Highways 441 and 27. It is situated less than 5 miles east of the future expansion of The Villages along SR 44 and across the street from over 500 new residential units currently under construction. The property is located in the City of Leesburg, which has a population of 23,297 residents and is located about 45 miles northwest of Orlando and 80 miles northeast of Tampa.
Location Intelligence

Current Use by Public Records

Trial AI Biotechnology Company SocialGainsAgency Association / Organization AMAC Action Association Or Organization

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Leesburg
County
Lake
State
Florida
Longitude
-81.9016046
Latitude
28.8382556

FAQs

What type of property is this?
Office building - First-class professional office building with established income and value-add opportunity.
Where is this office building located?
The property is located at 1904 Thomas Ave Leesburg, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: - Established income from tenant-occupied units with strong tenants and NNN leases, offering immediate ROI.; - Value-add opportunity with a 3,000 sq ft mezzanine that can be finished and leased for additional income.; - **Vacant 5,300 sq ft Unit 1 is turnkey-ready with a beautiful entrance, impressive lobby, and flexible layout suitable for various businesses.**
More about this property
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