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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

Property type
Commercial
Standard status
Active
Lot size
2.74 Acres

Building Details

Year built
2009

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Listing Contact
Scott Strem
Source: Elliman

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 professional office building offers 19,278 square feet of space. 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. Unit 1, approximately 5,300 square feet, features a lobby with floor-to-ceiling glass. This space is suitable for a customer service or call center, healthcare services, institutional, school, church, or corporate office/headquarters. Unit 1 includes a kitchen/breakroom area and large rooms for classrooms, conference rooms, or private offices. The property has over 90 parking spaces and easy access along the main road. Located in Central Florida, it is less than an hour from Orlando or Ocala and minutes from The Villages, I-75, FL Turnpike, and US Highways 441 and 27. The location is near the future expansion of The Villages along SR 44 and across the street from over 500 new residential units under construction. Leesburg has a population of 23,297 residents and is located about 45 miles northwest of Orlando and 80 miles northeast of Tampa. The municipality includes 38 square miles and serves utilities to more than 50 square miles in north Lake County. The Leesburg business area 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 strong tenants and NNN leases.; - Value-add opportunity with a 3,000 sq ft mezzanine for potential additional income.; - **Vacant 5,300 sq ft Unit 1 with impressive lobby and flexible space** suitable for various uses.
More about this property
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