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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.

Property size:
16,194 SF
Lot size:
2.74 Acres

Property Features for 1904 Thomas Ave

General Information

Standard status
Active
Size
16,194 SF
Lot size
2.74 Acres

Building Details

Year built
2009

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Listing Contact
Scott Strem
Source: Corcoran

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 an outstanding opportunity for investors or owner-users. The building features established income with two of the three units tenant-occupied under NNN leases. A value-add opportunity exists with a 3,000 square foot mezzanine that could be finished and leased for additional income. Upgrades include new A/C units for units 2 and 3, high-speed data lines, LED lighting, a PA system with white noise, and security/fire alarms. The building is fully sprinkled. The vacant Unit 1, comprising approximately 5,300 square feet, features a beautiful entrance and impressive floor-to-ceiling glass lobby, suitable for various uses, including customer service or call centers, healthcare services, institutional purposes, schools, churches, or corporate headquarters. Unit 1 also includes a spacious kitchen/breakroom area and several large rooms for classrooms, conference rooms, or private offices. The property provides ample parking with over 90 spaces and easy access along the main road. Located in the heart of Central Florida, less than an hour from Orlando or Ocala, and minutes from The Villages, I-75, FL Turnpike, and US Hwy 441 and 27. The location is near the future expansion of The Villages along SR 44, less than 5 miles to the west. Over 500 new residential units are under construction across the street. Leesburg has a population of 23,297 residents and attracts more than 50,000 people to work each weekday.
Location Intelligence

Current Use by Public Records

Trial AI Corporate Office SocialGainsAgency Association / Organization AMAC Action Association Or Organization

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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 NNN leases, offering immediate ROI.; - Value-add opportunity with a 3,000 sq ft mezzanine for potential additional income.; - **Vacant 5,300 sq ft Unit 1 is turnkey ready with a high-end lobby and flexible layout suitable for various businesses.**
More about this property
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