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Key Details
Sold Price $590,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 22,880 sqft
Price per Sqft $25
Subdivision Leesburg Wileys
MLS Listing ID G5030871
Sold Date 12/11/20
HOA Y/N No
Year Built 1924
Annual Tax Amount $9,596
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 110x110
Property Description
HISTORIC BUTLER CHEVROLET BUILDING IN THE HEART OF DOWNTOWN LEESBURG, BRICK WALLS, BRIGHT AND AIRY, LOTS OF EXPOSED WOOD ON THE 2ND FLOOR. 7,880 SQ FT ON 1ST FLOOR HAS BEEN RENOVATED AND IS UP TO CITY CODE. 2ND FLOOR NEEDS TOTOA RENOVATION. HIGHEST AND BEST USE FOR THE 2ND FLOOR WOULD BE LOFT APARTMENTS, LOFT CONDOS, LOFT OFFICE SPACE. GREAT POTENTIAL!! CURRENT TENANTS INCLUDE ELLEN'S CAFE, MAIN ST ANTIQUES. PROPERTY IS LOCATED IN THE CENTRAL BUSINESS DISTRICT, NEXT TO THE CITY PARKING LOT. ADDITIONAL PARKING LOT IS AVAILABLE ACROSS MAGNOLIA ST TO THE SOUTH NOT ON MLS BUT AVAILABLE FOR $89,000. BUILDING IS A BARGAIN AT $28.41 A SQ FT!!
Location
State FL
County Lake
Community Leesburg Wileys
Zoning CBD
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Brick,Stucco
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Bought with SPECTRUM PROPERTY GROUP LLC