SQUARE FEET10,154
MLS#S5147763
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONFLORIDA RAILWAY & NAVIGATION
Property Description
Trophy Property - Great Investment Property on the corner of S. Collins St. in Downtown Plant City. The property has 8 tenants (3 commercial tenants downstairs and 5 aparments upstairs). The 5 apartments consist of 2 - Two Bedroom Units and 3- 1 Bedroom Units. The 3 tenants downstairs are all on Triple Net NNN Leases paying their share of property taxes, their own maintenance, and utilities. New TPO Roof 3 years ago. Each tenant has their own power meter. $100k in upgrades over the past 3 years. This mixed use building currently generates $13,127/month and $187,368/ annually making it a handsome 5.89% CAP return with no work needed. Profit Day 1!!! Schedule to view this property before it is gone! Private parking lot to the rear included in the sale. Public parking lot across the street assures tenants that their customers will always have plenty of parking.
Property Features
Property Type: Commercial -
Cooling: Central Air
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $16,227
Year Built: 1907
Feature Descriptions
Days on Site: 3
Directions: From I-4 take exit 21 to hwy 39A (Buchman Hwy. Go south on Paul S Buchman Hwy for .3 miles and turn left in 1.13 miles on W. Raynolds St. then gurn right in .1 miles onto N Collins St
Exterior: Brick
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot Dimensions: 0.25
Ownership: Fee Simple
Parking: Ground Level, Shared Parking
Parking Notes: Ground Level, Shared Parking
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Sale Includes: Building(s) and Land, Leases
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Before Showing
Special Sale Provisions: None
Units: 8
Utilities: BB/HS Internet Capable, Electricity Available, Phone Available
Water: Public
Water Access Y/N: No
Zoning: C-1
Listed By / Shown By
Listed By
Agency Name: LUXURY ORLANDO REAL ESTATE
Agency Contact: 407-705-7634
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
111 S Collins Street | MLS# S5147763
This commercial property located at 111 S Collins Street, Plant City, FL 33563 is currently listed for sale with an asking price of $2,250,000. Search Plant City real estate on www.realtymarkllc.com today.