1225 Hwy 27 Sebring, FL 33870
- Retail properties
- 4,610 SF
- 0.38 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1225 Hwy 27
- Year built
- 1979
- Lot size
- 0.38 lot acres
- Property size
- 4,610 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a freestanding, two-story commercial building situated on US Highway 27 in Sebring, Florida. Boasting 4,610 total square feet, with 4,488 square feet of climate-controlled space, this property offers 13 units, currently enjoying a 92% occupancy rate. Twelve tenants occupy the building, generating consistent income and minimizing vacancy risk. Built in 1979 and renovated in 1996, the building features ample parking (30 spaces) for tenants and clients, six full restrooms, and substantial storage. The property sits on a 0.38-acre lot and benefits from 100 feet of high-visibility frontage on US Highway 27, enhanced by large signage for optimal exposure. The C1 zoning allows for a variety of uses. This multi-tenant office complex, with its strong occupancy and prime location, presents a compelling addition to any investment portfolio. The gross lease structure simplifies management, and existing tenants contribute significantly to covering monthly expenses. The property's features, including its high visibility, ample parking, and established tenancy, make it an attractive investment in a growing market. The asking price is $650,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4678
- Latitude
- 27.4727
