$749,000
$795,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
705 E ORANGE ST Lakeland, FL 33801
3,770 SqFt
Key Details
Sold Price $749,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,770 sqft
Price per Sqft $198
Subdivision Mortons Add
MLS Listing ID O5918501
Sold Date 06/09/21
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1901
Annual Tax Amount $5,228
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 90 x 150
Property Description
One or more photo(s) has been virtually staged. JOHN SADRI & COMPANY IS PROUD to represent this award-winning office building in the heart of beautiful downtown Lakeland across from Hollis Garden, Lake Mirror, and Barnett Family Park. The building which in essence was reconstructed in 2008 and went through massive renovation, boasts the original and striking heart pine flooring, 9 office suites with high ceilings, an over-sized conference room, a lobby/reception area, 4 bathrooms, 4 fireplaces, a spacious break room, and 12 parking spaces with more public parking spaces available nearby. Ideal for a law firm, a med spa, a real estate or insurance company, or any other professional office, or for investment. Bed & Breakfast with open kitchen a possibility. The property was leased to a non-profit organization for the last ten years and the last annual gross rental income was about $74,000. SELLER IS ALSO OPEN TO LONG TERM LEASE. Building & monument SIGNAGE possible. Location Overview: The property is located in the Garden District of Lakeland, overlooking the beautiful Lake Mirror and Barnett Family Park. This location is also minutes away from Lake Hollingsworth, downtown Lakeland, and Florida Southern College which is a masterpiece of renowned architect, Frank Lloyd Wright. Lakeland is a thriving and fast-growing city about an hour away from two major metropolitan cities of Tampa & Orlando. Seller may consider long term lease.
Location
State FL
County Polk
Community Mortons Add
Zoning MF-22
Interior
Heating Central
Cooling Central Air
Flooring Other
Exterior
Community Features Activity Core/Center, Curbs, Sidewalks
Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby
Waterfront false
View Y/N 1
Building
Lot Description Oversized Lot, Street Lights
Story 2
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Structure Type Wood Frame,Wood Siding
New Construction false
Construction Status Financing,Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with JOHN SADRI & COMPANY