Description
NOW AVAILABLE: Prime location in Lady Lake City Limits and just ten minutes to The Villages. An assemblage of two parcels totaling .89 acres with 147ft of US HWY 441/27 frontage and zoned HC. Parcel one at .27 acres includes a well maintained 4800sq ft. 2 story building with elevator which is an active and admired Montessori school currently under long term lease, which is negotiable, for investor or future use. Features include, new roof and French drain in 2018, new A/C units in 2015, fire pull alarms and smoke detectors as well as an outdoor secondary egress stairway, aluminum commercial fencing and a fire hydrant. Parcel two is .53 acres and includes the 147ft of Hwy frontage, $50,000.00 has been invested in plans as this parcel had a city approved major modification site plan for a 3000sq ft building. There are excellent opportunities here for the smart investor, your purchase comes with lease income from a Blue-Chip business which can be expanded to 3000sq ft of additional leasable space on parcel two. Or build to suit on parcel two while parcel one continues to generate long term leasing income for you.
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0BEDS
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0.89ACRES
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0BATHS
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01/2 BATHS
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4,800SQFT
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$162$/SQFT
School Ratings & Info
Description
NOW AVAILABLE: Prime location in Lady Lake City Limits and just ten minutes to The Villages. An assemblage of two parcels totaling .89 acres with 147ft of US HWY 441/27 frontage and zoned HC. Parcel one at .27 acres includes a well maintained 4800sq ft. 2 story building with elevator which is an active and admired Montessori school currently under long term lease, which is negotiable, for investor or future use. Features include, new roof and French drain in 2018, new A/C units in 2015, fire pull alarms and smoke detectors as well as an outdoor secondary egress stairway, aluminum commercial fencing and a fire hydrant. Parcel two is .53 acres and includes the 147ft of Hwy frontage, $50,000.00 has been invested in plans as this parcel had a city approved major modification site plan for a 3000sq ft building. There are excellent opportunities here for the smart investor, your purchase comes with lease income from a Blue-Chip business which can be expanded to 3000sq ft of additional leasable space on parcel two. Or build to suit on parcel two while parcel one continues to generate long term leasing income for you.
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