1317 & 1321 Citizens BOULEVARD Leesburg, FL $ 2,355,000
1317 & 1321 Citizens BOULEVARD
$ 2,355,000
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1317 & 1321 Citizens BOULEVARD

Leesburg, FL, 34748
$ 2,355,000
Baths0.0 Sq 13,998

Monthly Estimate*

$ 15,652

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View a Virtual Tour
Studio

Commercial Property for sale in Leesburg, FL

for $2,355,000. This 13,998 square foot building was built in 1978 on a lot size of 2.29.

Income 7.75% CAP Rate - 100% Leased with great long term tenants / rental history. 2 Buildings & one great opportunity! Buildings have separate addresses and property ID's, but parcels adjoin. Bldg #1317 is 6,052+/- SF on 1.44+/- Acre and entirely occupied by Lassiter Ware's corporate headquarters, a strong regional credit tenant with an excellent, long rental history. Bldg # 1321 is 7,946+/- SF on .84+/- Acre and is occupied by 4 tenants also with excellent rental history's. Both properties are very attractive inside and out with meticulous maintenance. Great parking for both sites with easy access, monument signage and high visibility. Sites sit on Citizens Blvd which is a short connector road between US Hwy 27 with 21,500 FDOT avg trips per day and US Hwy 441 with 30,500 FDOT avg trips per day. An NDA will be required for all financial data and leases. This is a great 1031 Opportunity. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. Easy to shown by appointment only. Do not disturb tenants. Properties are located just over an hour to Orlando or Ocala and a short drive to The Villages, I-75, and Florida's Turnpike.

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Commercial Active

Price

$ 2,355,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,959

Style

Office

Lot Size

2.29

Year Built

1978

Town/City

Leesburg

County/Region

Lake

MLS | Web ID

G5074864

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Zoned
Roof Shingle
Construction Materials Block Stucco
Year Built 1978
Property SubType Office
Tax Year 2022
Percent Ownership Corporation
Additional Parcels Description Alt Key # 1700507 & 1204909
County Lake
New Construction No
Property Type Commercial Sale
Status Active
Directions Leesburg at US Hwy 27 and Main St go North on US Hwy 27 Turn right at signal light onto Citizens Blvd property will be on the right side. Do not enter without a sign
City LEESBURG
Buyer Agent Compensation 2.5%
View Y/N No
MLS Area 34748 - Leesburg
Lot Size Units Acres
Lot Size Square Feet 99752
Waterfront Y/N No
Tax Annual Amount 8959
Property Condition Completed
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5074864
Days on Market 189
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 03711
Legal Description BEG ON SLY R/W LINE OF CITIZENS BLVD AT PT 400 FT FROM WHEN MEASURED AT RIGHT ANGLES THERETO THE SWLY R/W LINE OF NORTH BLVD RUN S 37DEG 14MIN 30SEC E 322.75 FT TO S LINE OF GOV LOT 3 W ALONG SAID S
Water Access Y/N No
Water View Y/N No
Flood Zone Code X
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Exterior
Lot Features City Lot
Water Source Public
Lot Size Area 2.29
Foundation Details Slab
Number of Buildings 2
Building Area Total 13998
Lot Size Acres 2.29
Road Surface Type Paved
Road Frontage Type City Street Divided Highway Main Throrughfare
Number of Lots 2
Road Responsibility Public Maintained Road
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Grizzard Commercial Realestate

Broker

Dan@DT-Sells.com

Email

Affordability Calculator

$16,399
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,652
Monthly Property Taxes
$747
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$2,355,000 -8.54% Price Down
1/5/2024$2,575,000 -5.50% Price Down
10/26/2023$2,725,000 Listed Price

Map


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1317 & 1321 Citizens BOULEVARD, Leesburg, FL, 34748 is a Commercial Property for sale at $2,355,000 with 13,998 sqft and a lot size of 2.29. 1317 & 1321 Citizens BOULEVARD is a studio with 0.0 baths and was built in 1978. The property's zip code is 34748 which is in Leesburg, FL