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Retail Unit in Condominium Office Building

33 Ryant Blvd Sebring, FL 33870

33 Ryant Blvd, Sebring, FL, 33870
$249,900
For Sale
$249,900

Condominium-style building retail unit with three offices, currently operating a long-established retail printing business.

Property Size1,298 SF
Price / SF$192.53
Days on Market428

Property Features for 33 Ryant Blvd

General Information

Standard status
Active
Size
1,298 SF
Property subtype
General Commercial

Building Details

Year Built
2000
Listing agency Advantage Realty #1
Listed by Gregory Karlson · License #569759
Source Xome
Added: May 20, 2025 Updated: Jul 20 at 7:12PM Checked: Jul 21 at 3:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Realty #1


Investment Insights

Based on property information with market context.

This sale includes a commercial retail unit with approximately 1,298 square feet and three offices just off US HWY 27. The unit is part of a condominium-style office building that includes 11 other office suites with multiple owners. The space is currently operating a retail printing business that has been established for 40+ years, and the business has generated $50k+-net income over the last 5+ years per the provided remarks.

According to the seller’s public remarks, the printing business conveys with the real estate at no extra cost, and the sale is for the real estate. The property is located in Sebring, FL, across from Lake Jackson, within a mixed medical/professional context described in the remarks.

Key Highlights

  • Commercial retail unit totals 1,298 SF in a condominium‑style office building built in 2000
  • Currently operating long‑established retail printing business; business income reported at $50k+ net over the past 5+ years
  • Unit includes 3 offices and a guest facility count listed as 3

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $22.6k $17.40
− Vacancy −$5.0k −$3.83
EGI $17.6k $13.57
− OpEx −$4.4k −$3.39
NOI $13.2k $10.18
1,298 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$188.7K
$165.2K – $220.2K (±1% cap)
NOI $13,212 @ 7.0% cap · market cap 5.29%
Second Best
Retail
$174.3K
$152.5K – $203.3K (±1% cap)
NOI $12,198 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$270.0K
$236.3K – $315.1K (±1% cap)
NOI $18,903 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Carpenter Printing and More ... (Bike/Boat/Book/etc) Store Bogus Printing Inc. Marketing & Advertising

Suggested Use

Building Supply Big Box & Wholesale Store Law Firm Storage Facility HVAC Service Garden Center Grocery & Convenience Store Gym & Fitness Center Plumbing Service Cafe & Coffee Shop

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

FAQs

What type of property is this?
Office units - Condominium-style building retail unit with three offices, currently operating a long-established retail printing business.
Where is this office units located?
The property is located at 33 Ryant Blvd Sebring, FL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Commercial retail unit totals 1,298 SF in a condominium‑style office building built in 2000; Currently operating long‑established retail printing business; business income reported at $50k+ net over the past 5+ years; Unit includes 3 offices and a guest facility count listed as 3
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