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Two-Unit Retail Building
New
For Sale
$165,000

701 NE 14th Ave, Okeechobee, FL 34974

Two distinct suites provide separate retail space within a freestanding commercial property.

Property SizeContact for details
Days on Market5

Property Features for 701 NE 14th Ave

General Information

Standard status Active
Property subtype Retail

Property Condition

Severity Repairs Needed
Evidence handyman special needs repairs and improvements

Additional Details

Opportunity Zone Yes
Corner Location Yes

Amenities

Square Feet: 1873, Features: City Location, Corner Lot
Parcel Number: 11537350040000500080, Tax Annual Amount: $566, Tax Legal Description: RAILROAD ADDITION (PLAT BOOK 1 PAGE 4) LOT 8 BLOCK 5, Tax Year: 2025
Flooring: Concrete
Business Type: Strip Store, Special Listing Conditions: Sale, Standard Status: Active
Parking Total: 4, Features: Additional Spaces Available, Free Parking, Guest
Construction Materials: Concrete Block Construction, CBS Construction, Slab Construction, Stories: 1, Year Built: 1970, Building Area Total: 756, Building Name: Beauty Parlor, Structure Type: Free Standing
County Or Parish: Okeechobee County
Leasable Area Units: Square Feet
Units In Community: 2
Tenant Pays: Exterior Electric, Electricity, Lawn Care, Trash Collection, Water
Inclusions: Building & Land

Building Details

Year Built 1970
Buildings 1
Construction CBS
Tenancy Multi
Listing Agency: LoKation
Listed By: Julian Gonzalez · License #3603431
Source: Riserealty
Added: Oct 10 Changed: Oct 13 Last Checked: Oct 13 at 2:13AM

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 LoKation

Investment Insights

Based on property information with market context.

A freestanding CBS commercial building contains two retail suites. The property was built in 1970 and requires repairs and improvements before returning to operating condition. Its prior uses included a barbershop and a beauty and nail salon.

The building occupies a corner lot near Highway 70 in Okeechobee and is within an Opportunity Zone.

Key Highlights

  • Two retail suites in a freestanding CBS building
  • Located on a corner lot near Highway 70
  • Within an Opportunity Zone

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Dining 40% Home Improvements & Furnishings 14%
RaceTrac Shops & Services
16,971 visits/mo 0.5 miles
Applebee's Dining
14,779 visits/mo 0.5 miles
W&W Lumber of Okeechobee Home Improvements & Furnishings
5,106 visits/mo 0.4 miles

Demographics for 34974, FL

23,699
Population
13,850
Households
1.7
Avg Household Size
50
Median Age
16%
College-Educated
83%
High-School Grad
376.7 sq mi
ZIP Area
63
Density / Sq Mi
$50,671
Median Household Income
$36,000
Median Earnings
$958
Median Rent
$162,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two distinct suites provide separate retail space within a freestanding commercial property.
Where is this retail space located?
The property is located at 701 NE 14th Ave Okeechobee, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two retail suites in a freestanding CBS building; Located on a corner lot near Highway 70; Within an Opportunity Zone
More about this property
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