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For Sale

Downtown Winter Haven Investment Property

$700,000

Winter Haven , Florida

0.36 ± AC

PROPERTY DETAILS

Property Type: Commercial

Location: 290 1st Street S, Winter Haven , Florida 33880

County: Polk

PIN: 26-28-28-607000-002130 & 26-28-28-607000-002150

Zoning: Primary Activity Center


Great investment opportunity! The property includes two recently renovated buildings. The recent updates include all new drywall, paint, electrical, flooring, A/C, windows, and roof. In addition, the buildings are currently generating an annual income of $64,000.

Building 1 is a 3,660 ± SF two-story flexible floor plan with open concept downstairs and individual rooms upstairs, including a kitchenette, half bath downstairs, and full bath upstairs. In addition, the upstairs office has completely new custom cabinets with high-end granite. Building 2 is a 940 ± SF square building offering a very open concept as well with a private kitchenette off the back entrance and a new bathroom.

Description: NOI: $51,360 Corner property located at a lighted intersection Healthy daily traffic at 29,000 ± cars per day Building 1: 3,660 ± SF 0.23 ± acres 2 stories 13 parking spaces Building 2: 950 ± SF 0.13 ± acres 3 parking spaces

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