Lakeland, FL 33809,5508 US HIGHWAY 98 N
Lakeland, FL 33809,5508 US HIGHWAY 98 N
Lakeland, FL 33809,5508 US HIGHWAY 98 N
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$495,000
Est. payment /mo
1,880 SqFt

UPDATED:

11/19/2024 12:13 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 1,880 sqft

Price per Sqft $263

Subdivision Gibsonia

MLS Listing ID O6258449

HOA Y/N No

Originating Board Stellar MLS

Year Built 1978

Annual Tax Amount $3,150

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 75x90

Property Description

Super location and solid building for owner/user or investor on busy US 98 North. This is an 1,880 SF well maintained, block constructed property, split into two sides, with a covered breezeway in between, on .16 acres. The zoning classification is C-2, City of Lakeland.

The primary side comprises a professional office with wide open general space, and a centrally located conference/meeting room, a storage room, with one bathroom in the rear.

The other side of the building is a long term tenant who runs an alteration and fashion business. Current rent is $850 per month or $15.45 PSF. This space is 680 SF and has two bathrooms. There is a 60 day out clause for either party. Current market rents are $20-$22 PSF.

4 parking spaces in the front of the property and 4 spaces in the rear, which can be accessed from US 98 or from alleyway on Gibsonia Galloway Road. Excellent signage available.

Location

State FL

County Polk

Community Gibsonia

Zoning C-2

Direction N

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet

Exterior

Garage Parking Spaces - 6 to 12

Utilities Available Public

Waterfront false

Roof Type Membrane

Building

Lot Description City Limits, Sidewalk, Street Lights

Story 1

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Private Sewer

Water None

Structure Type Block

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


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Stellar MLS
Listed by SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
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5508 US HIGHWAY 98 N