701 E Canal St, Mulberry, FL 33860
- Individual retail properties
- 3,140 SF
- 0.11 lot acres
Current Use by Public Records
- Individual retail properties
Property Details for 701 E Canal St
- Year built
- 1944
- Lot size
- 0.11 lot acres
- Zone code
- C-2
- Property type
- Individual retail properties
- APN
- 233001142480003040
- APU
- 233001142480003040
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 29, 2020 | $930,000 | Kleensuds LLC | Tavoir Ventures LLC | Warranty Deed | $930k · Live Oak Bkg |
| Jul 19, 2012 | $190,000 | Tavoir Ventures LLC | Hami INC | Warranty Deed | — |
| Jun 12, 2007 | $175,000 | Hami INC | International Ents INC | Warranty Deed | $140k · Amsouth Bank |
| May 21, 2007 | $175,000 | International Ents INC | Bahl & Son INC | Warranty Deed | — |
| May 8, 1998 | $87,500 | Florida Car Wash | Calandros & Sons INC | Grant Deed | — |
Description
This 3,140-square-foot vacant storefront in Mulberry, Florida, presents a compelling value-add opportunity for owner-users or investors. Located at 701 E Canal St, this C-2 zoned property sits on a 0.22-acre lot and offers 16 parking spaces. Built in 1944 and renovated in 2022 (including a new roof), the building is ready for immediate occupancy. The property enjoys high visibility on a main thoroughfare with an average daily traffic count of 23,000 vehicles. Its strategic location near established businesses and the planned construction of the new Mulberry City Hall across the street promises increased foot traffic and potential for synergy. The permitted uses under C-2 zoning include retail, restaurant, medical, and more. While previously a laundromat, a deed restriction prohibits future operation of any coin laundry or laundromat on the site. The asking price is $425,000 ($146.50/sq ft). This fee-simple property offers significant potential for growth and return on investment. The property's APN is 23-30-01-142480-003040/003030.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,115,000
- ML approach
- $1,055,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $610,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mulberry
- County
- Polk
- State
- Florida
- Longitude
- -81.9678
- Latitude
- 27.8946
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
