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1029 Magnolia Street, LEESBURG, FL 34748
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1029 Magnolia Street
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Would you like to sell your home before you purchase this one?
Priced at Only: $599,000
For more Information Call:
Address: 1029 Magnolia Street, LEESBURG, FL 34748
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Virtual Tour
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  • MLS#: G5104665 ( Commercial Sale )
  • Street Address: 1029 Magnolia Street
  • Viewed: 4
  • Price: $599,000
  • Price sqft: $202
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 2968
  • Days On Market: 5
  • Additional Information
  • Geolocation: 28.8102 / -81.8816
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34748
  • Subdivision: Leesburg
  • Provided by: REALTEAM REALTY INC.
  • Contact: Trish Leisner
  • 352-394-1144
  • mfrmls
  • DMCA Notice
  • Description
    Excellent Professional Office Building in Downtown Leesburg. 1/3 an acre, perfect location on a corner lot with 2 sides for parking. This building has multiple (4) very large offices, a Storage room in front of a very large safe, an oversized conference room, 3 restrooms, one of which has a shower. Kitchen/breakroom, nice reception office, and customer waiting room, plenty of storage, and closets. Currently has a tenant in place until the end of 2026. Great cash flow, CAP Rate 7.5. Modified Gross Lease. 17 parking spaces, and in 2011, the lot was repaved. Re roof and Building Painted in 2020, Central AC Unit 2024 (7.5 Ton Rheem Split System), and a Mini Split located in the Computer Server Room. This is a very nice building that is very well taken care of. Great investment for an Owner User or a nice investment. Located just down the street from all of the downtown activity. Local College, restaurants, and shops are within a few blocks away.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet
  • Living Area: 2968.00
  • Roof: Metal
Land Information
  • Lot Features: Corner Lot
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 13 to 18
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: LEESBURG E 1/2 OF LOT 1 BLK 31--LESS R/W OF MAGNOLIA ST--PB 2 PG 19 ORB 3922 PG 1882
  • Area Major: 34748 - Leesburg
  • Occupant Type: Tenant
  • Parcel Number: 26-19-24-3900-031-00101
  • Zoning Code: C-2
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Details for Tbd Gourley Avenue, LEESBURG, FL 34748
$550,000.00 ($2.15 / sqft )

Tbd Gourley Avenue Virtual Tour More Like This

Prime nearly 6 Acre Development Site | Zoned for Multi Family, Single Family & Assisted Living Confirm with Leesburg Planning and Zoning. An exceptional development opportunity awaits on nearly 6 acr

  1. Request Information
  1. Approx. 255262 sqft
  2. Approx. 5.86 acres
  1. MLSID: G5104349
  2. Provided by PATTERSON REALTY
  3. Contact Janice Patterson
  4. mfrmls
  5. DMCA Notice
14 Pictures and Information
Nearby Subdivisions
Greenleaf Bus Centre   Leesburg   Leesburg Blanmay   Leesburg Clearview Terrace   Leesburg Commons Bus Park   Leesburg N C Lee Estate  
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