5523 US HIGHWAY 98 N, LAKELAND, FL 33809
SOLD PRICE: (?)
$490,000
Commercial 2,604 Square Feet Taxes: $3,209.00 Built in 1967 Type: Retail MLS # T2929914
Property Photo

Description of 5523 US HIGHWAY 98 N, LAKELAND, FL 33809

LOCATION IS THE KEY WORD! Corner Parcel with Highway Frontage and 60,000 trips per day mol. Take your pick! Use one side as an office and the and lease out the other side. OR use 2604 square feet of office space for your growing business. This is a block building with 12 parking spaces, ID sign and plenty of wall signage. Office frontage facing US Highway 98 North. The building currently has two addresses with two separate leases. The interior is ONE office space, kitchenette and one restroom each. Two newer a/c units and newer roof. Current lease with $38,280 net income with 7% cap rate.

Directions to 5523 US HIGHWAY 98 N, LAKELAND, FL 33809

I-4 to US Highway 98 North, just pass Gib-Galloway Road, on the right. Southeast corner of US 98 North and Shadow Drive

Features of 5523 US HIGHWAY 98 N, LAKELAND, FL 33809

Heating/Cooling

  • Central air
  • Central heat

Exterior

  • Block exterior

Lot

  • Corner lot
  • Lot acreage is: 0.33
  • Lot dimension is: 75'X 185'

Construction

  • Total square feet: 2604.00
  • Units in building(s): 2

Other

  • Tax year: 2017