$1,300,000
Active · 4 days on market · MLS# MFRG5109087
| Living area | 2,604 sq ft |
|---|---|
| Lot size | 4.35 acres |
| Year built | 1997 |
| Property type | Business |
| Waterfront | Yes |
| Annual taxes | $4,551 |
| County | Lake |
Positioned within the Mt. Plymouth–Sorrento Community Redevelopment Area (CRA), this CP-zoned parcel just shy of 5 acres sits in the path of significant growth along the Sorrento corridor. The property offers over 100 feet of road frontage on Sorrento Avenue along with additional access from CR 437 and Paul Street, providing excellent visibility and flexible access. The property includes an existing structure previously used as a residence, which may lend itself to office or other permitted commercial uses, subject to county approvals, along with a detached approximately 2,000 square foot garage. Across the street is an approved 1,700-home residential development with approximately 350,000 square feet of planned commercial space, placing this site in the center of an area experiencing substantial residential expansion and increasing commercial activity. With CP zoning, nearly five acres, multiple access points, and placement within the Mt. Plymouth–Sorrento CRA, the property offers strong potential for a variety of commercial uses permitted by Lake County. Buyers should verify zoning, permitted uses, and development requirements with Lake County as part of their due diligence.
Listing courtesy of Dana Bruns, HANSON REAL ESTATE GROUP, INC.. Presented by MC Homes Realty Inc · 727432218.