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Two-Story Bank Building with Vaults

2 W Main Street Avon Park, FL 33825

2 W Main Street, Avon Park, FL, 33825
$899,900
For Sale
Claim this Listing
$899,900

COMMERCIAL - Avon Park, FL

Property Size8,566 SF
Lot Size0.88 Acres
Price / SF$105.05
AddedJul 1, 2024
Days on Market744
Last RefreshJul 14 at 5:06 pm

Property Features for 2 W Main Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Interior features
Handicap Facilities, Public Restrooms, Telephone
Exterior features
Brick
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
A-22-33-28-010-0580-0130
Size
8,566 SF
Lot size
0.88 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
TOWN OF AVON PARK IN SEC 22-33-28 LOT 13 + S 38 FT LOT 14- LOT 15 + LOT 16-LESS S 15 FT FOR ALLEY + ALL LOTS 17 TO 20 INC BLK 58
Tax Annual Amount
6710

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air

Building Details

Year built
1961
Floors in Building
2
Flooring type
Linoleum, Carpet, Tile
Building materials
Brick, Concrete Block
Roof type
Built-Up
Architectural style
Other

Listing agent Gregory Karlson License #3229372

Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL

Listing date Jul 1, 2024

MLS# 306351

Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-story bank building offers approximately 10,966 SF on a lot of about 0.88 acres. The property includes four vaults, with three located downstairs and one located upstairs; each vault is described as 15-by-15. The listing also notes the vaults can hold class 3 firearms or explosives.

The building is situated at a hard corner at the intersection of West Main and Lake Avon Park, near a traffic light.

Zoned C4, the property is presented for sale at 2 W Main Street, Avon Park, FL 33825, with a bank-style configuration and secured vault improvements on both levels.

Key Highlights

  • 2‑story 10,966 SF bank building at the traffic light on West Main & Lake Avon Park on an almost 1‑acre hard corner.
  • 4 secure vaults: 3 downstairs and 1 upstairs; each 15x15 with an approximate up to $200K in vault value.
  • Vault capability listed for class 3 firearms/explosives; potential fit for a pawn shop or firearms broker/shop per remarks.

Local Financial Insights For Retail

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 $128.5k $15.00
− Vacancy −$13.5k −$1.58
EGI $115.0k $13.43
− OpEx −$34.5k −$4.03
NOI $80.5k $9.40
8,566 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,066 @ 7.0% cap · market cap 9.34%
Second Best
Retail
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,499 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,748 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Storage Facility Parking Lot & Garage Building Supply Electrical Service Law Firm Kitchen & Bath Showroom Gym & Fitness Center

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

FAQs

What type of property is this?
Bank - Two-story bank building on a hard corner at a traffic light, with four 15-by-15 vaults.
Where is this bank located?
The property is located at 2 W Main Street Avon Park, FL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 2‑story 10,966 SF bank building at the traffic light on West Main & Lake Avon Park on an almost 1‑acre hard corner.; 4 secure vaults: 3 downstairs and 1 upstairs; each 15x15 with an approximate up to $200K in vault value.; Vault capability listed for class 3 firearms/explosives; potential fit for a pawn shop or firearms broker/shop per remarks.
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