206 Interlake Blvd Lake Placid, FL 33852-9603
Exceptional opportunity to acquire a well-established storefront in the heart of Lake Placid, Florida. This 4,422 square foot retail property, situated on a 5,500 square foot lot at 206 E Interlake Blvd, is zoned C2 and boasts a prime location in the downtown area. Built in 1954, this single-story building currently operates as Fohbrook's Thrift & Gift Market, offering the potential for continued operation under the current business model or redevelopment to suit a variety of uses. The property benefits from high foot traffic due to its central location and proximity to popular local events, including the annual Caladium Festival attracting tens of thousands of visitors, the weekly farmer's market, and regular movie nights. The current owner is willing to sell the business's goodwill and inventory along with the real estate. Included in the sale is a valuable 2COP beer and wine license and an annual food permit, providing immediate operational advantages for a food and beverage-related business. This is a rare opportunity to own a thriving retail space in a vibrant Florida community. The asking price is $525,000.
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Turpentine Mural Resort
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Fohlbrook's Thrift & Gift Market LLC Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Lake Placid, FLLake Placid. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.