Lakefront Auto Dealership - Owner Financing Available!

Description:


Lakefront auto dealership with 800 feet of frontage on the heavily traveled US-Hwy 27 in Lake Wales. Average annual daily traffic exceeds 37,000. Excellent access with two entrances, a dedicated deceleration lane from southbound traffic, and a dedicated left-turn lane for northbound traffic. Fully furnished main showroom is 4408 SF and a 15,458 SF service center with working lifts.

Plenty of space with additional carports, 43 striped spaces, and an abundance of cleared land on this 7.21 acre property. Back 2.04 acres on the waterfront has been used for additional parking in the past - it is zoned residential, and could be utilized for staff or management housing.

The area has experienced explosive growth, and up to 9000 additional residences have already been approved by the City, with more developments pending.

The largest 1,800 acre development's northern point terminates 1 block south of this location.

Owner Financing Available!

Members profile:


Advertised by: Flint Brokers & Associates (click here to see full profile)
Email: Email Advertiser

Ad Details


Garage Spaces (put 0 if this does not apply) 62.00
Auto Use Allowed Yes
Property is For Sale
Parking Spaces Outside 500
Price $3,950,000 USD

Buildings & Land


Property Name Lake Wales Auto Emporium
Property Types Vehicle Related, Retail, Showroom, Car Lot or Building
Land Types Retail
Cap Rate Request Cap Rate
Year Built: 1979
Other Units or Spaces: PROPERTY SUBTYPE Auto Dealership ADD'L SUBTYPES Auto Repair, Showroom, Service

Use & Status


Best Property Use This is an investment property, This property is best suited for an owner and user
Construction Status: Existing Structures

Unique Sale Issues


Type of Sale Real Estate Agency Sale

Location


Address 21500 Hwy 27
City Lake Wales
State FL
Postal Code 33859
Country USA
Cell Phone 321-252-9090
Ad id: 15504679
Ad views: 291