401 North Ave Leesburg, FL 34748
- Office Properties & Spaces
- 10,060 SF
- 1.13 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 401 North Ave
- Year built
- 2005
- Lot size
- 1.13 lot acres
- Property size
- 10,060 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 10,060 square foot office building in Leesburg, Florida presents a compelling investment opportunity. Situated on a 1.13-acre lot with 60 recently repaved parking spaces, the property boasts high visibility from Highway 441. Its prime location is less than one mile from UF Health Leesburg and the heart of Leesburg's downtown medical district, ensuring strong tenant demand. The building is comprised of three units, offering significant flexibility. Two units, each exceeding 2,000 square feet, are ideally suited for medical or professional practices, featuring multiple offices, patient rooms, waiting areas, and reception spaces. The third unit, a substantial 5,800 square feet, offers a large open area perfect for various uses, complemented by surrounding offices and storage rooms. This unit was previously occupied by a Davita Dialysis office. The property's excellent location, ample parking, and versatile layout create exceptional upside potential for investors seeking a strong return in a thriving medical market. The asking price is $1,480,000.
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
- Leesburg
- County
- Orange
- State
- Florida
- Longitude
- -81.8719
- Latitude
- 28.8143
