122 St Clair Abrams Ave Tavares, FL 32778
This fee-simple, 1,651 square foot office building in downtown Tavares, Florida, is situated on a 0.15-acre lot and boasts a prime location near the Lake County Courthouse, City Hall, and Lake County Administration. Built in 1942, this single-story building features recently restored heart-of-pine wood flooring, central HVAC, two full bathrooms, three separate office spaces, a reception area, a conference room (convertible to an office), a bonus room, ample indoor storage, and an attached outdoor storage area. A carport and four additional guest parking spaces are also included. The property includes two separate entrances and two electric meters, allowing for flexible configuration to accommodate multiple tenants or businesses. Commercial Downtown (CD) zoning permits a variety of uses. Its proximity to Wooton Park, Tavares Pavilion on the Lake, Children's Splash Park, Tavares Seaplane Base and Marina, and numerous dining and entertainment options adds to its appeal. The asking price is $330,200. Currently vacant and ready for immediate occupancy. This is an owner/user investment opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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