Offering Investment Opportunity 6% CAP Rate for a 5,037+/- SF Bldg with finished offices and 3,222+/- SF of warehouse. Property sits directly on CR 48 / Kings Hwy and the corner of Florida Ave. Located within the City of Center Hill, Zoned CH / Heavy Commercial, lot size is .84 acre, and 183’x201′. The building was just remodeled in 2024 with beautiful new offices, admin and waiting, conference room, and breakroom. The 3,222+/- SF warehouse has 5 grade level overhead rollup doors, security fenced storage yard, and new electrical service. Seller will need to lease building back during the completion of their new facility. Building and property are attractive and well maintained. Property is less than an hour to Orlando or Ocala and just minutes to The Villages. All information is believed accurate and correct be not guaranteed or warranted and subject to change without notice. With The Villages continued expansion and growth don’t let this opportunity be the one you wished you had taken!! Shown by appointment only
Property Details
Price:
$990,000
MLS #:
G5095564
Status:
Active
Beds:
0
Baths:
0
Address:
116 W KINGS HIGHWAY
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
HILL
Neighborhood:
33514 – Center Hill
City:
CENTER HILL
Listed Date:
Apr 9, 2025
State:
FL
Finished Sq Ft:
5,072
Total Sq Ft:
5,072
ZIP:
33514
Year Built:
1994
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Schools
Interior
Appliances
Microwave, Refrigerator
Cooling
A/ C – Office Only
Exterior
Construction Materials
Metal Frame, Metal Siding
Financial
Tax Year
2025
Taxes
$5,398
Map
Community
- Address116 W KINGS HIGHWAY CENTER HILL FL
- SubdivisionHILL
- CityCENTER HILL
- CountySumter
- Zip Code33514
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116 W KINGS HIGHWAY
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