119 ALLAMANDA DR, LAKELAND, FL 33803

$575,000

Active · 66 days on market · MLS# MFRO6290664

Living area2,365 sq ft
Lot size0.06 acres
Year built1953
Property typeRetail
WaterfrontYes
Annual taxes$3,193
CountyPolk

About this home

Investor or potential owner/user opportunity. Located just off of South Florida Ave near Southgate Shopping Center, we are pleased to present this fully leased retail/office building on Allamanda Drive. Comprising 2,150 SF, the property currently collects $44,000 per year in rent PLUS another $6,400 in yearly expenses charged back to the tenants. Each space is approx. 1,075 SF - the current tenants are a mattress retailer and pet groomer. The pet groomer has a front reception area, with a separate grooming area just off of the reception area. The remaining area is a work space, pet holding room, laundry, office and bathroom. The mattress retailer space is open by appointment, with flex offices and a bathroom in the rear of the space. The property is zoned C-2, City of Lakeland. This zoning allows for a wide variety of uses, including retail, office, restaurant and many others.

Listing courtesy of Craig Morby, SAUNDERS REAL ESTATE, LLC. Presented by MC Homes Realty Inc · 727432218.

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