$650,000

210 W Magnolia Street

LEESBURG FL, 34748

Description

HISTORIC BUTLER CHEVROLET BUILDING IN THE HEART OF DOWNTOWN LEESBURG, BRICK WALLS, BRIGHT AND AIRY, LOTS OF EXPOSED WOOD ON THE 2ND FLOOR. 7,880 SQ FT ON 1ST FLOOR HAS BEEN RENOVATED AND IS UP TO CITY CODE. 2ND FLOOR NEEDS TOTOA RENOVATION. HIGHEST AND BEST USE FOR THE 2ND FLOOR WOULD BE LOFT APARTMENTS, LOFT CONDOS, LOFT OFFICE SPACE. GREAT POTENTIAL!! CURRENT TENANTS INCLUDE ELLEN'S CAFE, MAIN ST ANTIQUES. PROPERTY IS LOCATED IN THE CENTRAL BUSINESS DISTRICT, NEXT TO THE CITY PARKING LOT. ADDITIONAL PARKING LOT IS AVAILABLE ACROSS MAGNOLIA ST TO THE SOUTH NOT ON MLS BUT AVAILABLE FOR $89,000. BUILDING IS A BARGAIN AT $28.41 A SQ FT!!

Details

MLS#G5030871
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1924
Days On Site88

Features

SQ Feet22,880
ZoningCBD
Acreage0.28
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Area Information
StateFL
CountyLake
CityLEESBURG
Zip Code34748
Area34748 - Leesburg
Listing VS Median (in 34748)
Price:
$650,000
low | high
Med:
$222,690
100% of Average
SqFt:
22,880
low | high
Med:
942
100% of Average
$ / SqFt:
$28
low | high
Med:
$59
57.853850238982% of Average
On Site:
88
low | high
Med:
97
90.721649484536% of Average
Listing Updated: 10/23/2020
Gerald Galbreath LogoMLS Number: G5030871
Listing Provided By:
Gerald Galbreath  of  GALBREATH REALTY INC.

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