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    128 Orange Ave Leesburg, FL 34748

    Sponsored
    For Sale
    $440,000

    Historic District Office Building, Updated

    Property size:
    2,816 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This unique commercial property, located in Leesburg, Florida's historic business district, offers 2,816 square feet on a 0.2-acre lot. Recently renovated, it features a spacious first-floor commercial space with five rooms, a reception area, two handicap-accessible bathrooms, and an employee kitchen. The upgrades include a new roof, air conditioning, electrical, plumbing, and flooring. A two-bedroom residential apartment is located upstairs, complete with a living room, dining area, full kitchen, bathroom, and utility room. This provides options for on-site living or rental income generation. The property also includes a partial basement for storage and parking for up to four cars, with additional public street parking nearby. Its prime location is a short walk to Historic Main Street, offering easy access to local businesses and amenities. The asking price is $440,000. This versatile property presents an excellent opportunity for business owners seeking a blend of historic charm and modern convenience in a thriving location.

    Property Features for 128 Orange Ave

    General Information

    Property type
    Land
    Square Feet
    2,816 SF
    Lot Size
    8,712 SF

    HighLights

    • 2,816 SF commercial space on a 0.2‑acre lot in Leesburg, FL's historic district.
    • Recently renovated with new roof, HVAC, electrical, plumbing, and flooring.
    • Features five rooms, reception area, two ADA‑compliant bathrooms, and an employee kitchen on the first floor.
    • Includes a two‑bedroom residential apartment with full kitchen and bath, ideal for owner occupancy or rental income.
    • Offers partial basement storage and parking for up to four vehicles, plus ample street parking.
    • Asking price: $440,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Karen Moore's Screen ... Screen Printer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.8787043
    Latitude
    28.8125809

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    FAQs

    What type of property is this?
    Land - Historic District Office Building, Updated
    Where is this land located?
    The property is located at 128 Orange Ave Leesburg, FL.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: 2,816 SF commercial space on a 0.2-acre lot in Leesburg, FL's historic district.; Recently renovated with new roof, HVAC, electrical, plumbing, and flooring.; Features five rooms, reception area, two ADA-compliant bathrooms, and an employee kitchen on the first floor.
    Request Owner's contact information
    128 Orange Ave Leesburg, FL 34748
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    Leesburg, FL 34748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 Orange Ave Leesburg, FL 34748
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