Investment Overview
Introducing a prime opportunistic investment in the heart of downtown Eustis, FL. This meticulously renovated 16,736 SF commercial property offers 8 individual units built in 1904 and thoughtfully updated in 2024, providing a seamless blend of historical charm and modern functionality. With a desirable 100% occupancy rate and immediate value-add, this gem is ripe for immediate returns. Zoned for medical and retail uses, the property presents an enticing prospect for medical/retail building investors seeking a well-positioned, income-generating asset. Don't miss the chance to add this distinguished property to your portfolio and capitalize on the long term value-add available in the current structure.
Investment Highlights
- 16,736 SF building
- 8.05% Cap Rate at Time of Sale
- $190,539.30 at Close
- 100% occupancy
- 8 individual units
- Mix medical and retail regional operators
- Renovated in 2024
- Zoned Commercial medical/retail
- Downtown Eustis location