Redevelopment opportunity in Eustis

Retail-Commercial for Sale
Catylist Listing ID: 30664342
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 2,270 SF
Gross Building Area: See Agent
Sale Price: $1,500,000
Unit Price: $660.79 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Last Updated: 11/6/2020

Overview / Comments

PROPERTY FEATURES
• 1.85 Acres
• Extraordinary land development opportunity site totaling 80,765 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development
• Signalize Intersection
• Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19
• Level, high and dry topography with all utilities to the site
• This area is experiencing an extremely high influx of new and redevelopment Commercial growth
• Highest & Best Use: Commercial Redevelopment- New Construction

PLEASE SEE THE BROCHURE FOR THIS IS A 3 PROPERTY PORTFOLIO!
FCG is pleased to present an opportunity to acquire and re-develop a Commercial land site in Eustis, FL. Subject consists of approximately 1.85 Acres which also includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF- these buildings may be torn down for maximum use of the site which is situated directly on US Hwy 441 S. and immediately West of State Route 19/ S. Bay Street.

GENERAL
Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 Acres of Land, comprised of 3 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780’ of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user. Call today for additional property details.

PROPERTY
BROKERS- Seller is calling ALL Developers, Investors, Contractors and Builders. Come view this INCREDIBLE DEVELOPMENT OPPORTUNITY!!! Located within a qualified HUBZone, business tax incentives are available to tenants that lease in this designated area. As a result, Retail, Restaurant, Office or Distribution may do well here. This Lake County property is a 1.85 acre assemblage of CG zoned land and consists of 3 parcels and 2 commercial structures that may be leased for immediate income or torn down for future development. Sale Includes a 23,086 SF corner parcel to include a 2,270 SF Restaurant, a 13,939 SF interior parcel to include a 1,508 SF Medical Office and a 43,739 SF parcel that is cleared, high and dry. Measuring over 84,543 SF of Commercial Buildings and land; water, power, and communication infrastructure are already in place making this site perfect for either a Commercial owner/ user or an Investor looking to get in on the development of this flourishing Area. Subject property is in close proximity to countless retail tenants, Educational Institutions, and newly renovated and constructed condos and residential neighborhoods. This gem of an Investment will not last long on the market. Call Today for additional property details.

AREA DESCRIPTION
Subject is located in an excellent growth market, directly on US Hwy 441 S. and is approximately 1.5 miles East of the AdventHealth Waterman Hospital and the Veteran’s Out- Patient Clinic. This property not only offers great visibility, it also offers excellent signage and can benefit from the more than 58,500 VTD along the US Hwy 441 S. corridor. Here is an outstanding chance to build a brand- new Commercial Development scheme that parallels the up and coming Planned Development that is happening throughout Eustis. There is Office, Restaurant and Retail Commerce located within a direct radius of this property. Also, the subject is within minutes of City Hall in Historic Downtown Eustis making it convenient enough to serve the current demographics in the area well. This area is a high- energy Business & Retail District and is also a great place to invest, relocate or expand. Call today and get in on the development of the Eustis area today!!!

Additional Details

Nearest MSA: Orlando-Kissimmee-Sanford
County: Lake
Tax ID/APN: 221926040100000400
Retail Clientele: General, Family, Business, Other
Site Description: PROPERTY FEATURES • 1.85 Acres • Extraordinary land development opportunity site totaling 80,765 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development • Signalize Intersection • Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19 • Level, high and dry topography with all utilities to the site • This area is experiencing an extremely high influx of new and redevelopment Commercial growth • Highest & Best Use: Commercial Redevelopment- New Construction FCG is pleased to present an opportunity to acquire and re-develop a Commercial land site in Eustis, FL. Subject consists of approximately 1.85 Acres which also includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF- these buildings may be torn down for maximum use of the site which is situated directly on US Hwy 441 S. and immediately West of State Route 19/ S. Bay Street. GENERAL Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 Acres of Land, comprised of 3 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780’ of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user. Call today for additional property details. PROPERTY BROKERS- Seller is calling ALL Developers, Investors, Contractors and Builders. Come view this INCREDIBLE DEVELOPMENT OPPORTUNITY!!! Located within a qualified HUBZone, business tax incentives are available to tenants that lease in this designated area. As a result, Retail, Restaurant, Office or Distribution may do well here. This Lake County property is a 1.85 acre assemblage of CG zoned land and consists of 3 parcels and 2 commercial structures that may be leased for immediate income or torn down for future development. Sale Includes a 23,086 SF corner parcel to include a 2,270 SF Restaurant, a 13,939 SF interior parcel to include a 1,508 SF Medical Office and a 43,739 SF parcel that is cleared, high and dry. Measuring over 84,543 SF of Commercial Buildings and land; water, power, and communication infrastructure are already in place making this site perfect for either a Commercial owner/ user or an Investor looking to get in on the development of this flourishing Area. Subject property is in close proximity to countless retail tenants, Educational Institutions, and newly renovated and constructed condos and residential neighborhoods. This gem of an Investment will not last long on the market. Call Today for additional property details. AREA DESCRIPTION Subject is located in an excellent growth market, directly on US Hwy 441 S. and is approximately 1.5 miles East of the AdventHealth Waterman Hospital and the Veteran’s Out- Patient Clinic. This property not only offers great visibility, it also offers excellent signage and can benefit from the more than 58,500 VTD along the US Hwy 441 S. corridor. Here is an outstanding chance to build a brand- new Commercial Development scheme that parallels the up and coming Planned Development that is happening throughout Eustis. There is Office, Restaurant and Retail Commerce located within a direct radius of this property. Also, the subject is within minutes of City Hall in Historic Downtown Eustis making it convenient enough to serve the current demographics in the area well. This area is a high- energy Business & Retail District and is also a great place to invest, relocate or expand. Call today and get in on the development of the Eustis area today!!!
Area Description: PROPERTY FEATURES • 1.85 Acres • Extraordinary land development opportunity site totaling 80,765 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development • Signalize Intersection • Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19 • Level, high and dry topography with all utilities to the site • This area is experiencing an extremely high influx of new and redevelopment Commercial growth • Highest & Best Use: Commercial Redevelopment- New Construction FCG is pleased to present an opportunity to acquire and re-develop a Commercial land site in Eustis, FL. Subject consists of approximately 1.85 Acres which also includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF- these buildings may be torn down for maximum use of the site which is situated directly on US Hwy 441 S. and immediately West of State Route 19/ S. Bay Street. GENERAL Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 Acres of Land, comprised of 3 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780’ of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user. Call today for additional property details. PROPERTY BROKERS- Seller is calling ALL Developers, Investors, Contractors and Builders. Come view this INCREDIBLE DEVELOPMENT OPPORTUNITY!!! Located within a qualified HUBZone, business tax incentives are available to tenants that lease in this designated area. As a result, Retail, Restaurant, Office or Distribution may do well here. This Lake County property is a 1.85 acre assemblage of CG zoned land and consists of 3 parcels and 2 commercial structures that may be leased for immediate income or torn down for future development. Sale Includes a 23,086 SF corner parcel to include a 2,270 SF Restaurant, a 13,939 SF interior parcel to include a 1,508 SF Medical Office and a 43,739 SF parcel that is cleared, high and dry. Measuring over 84,543 SF of Commercial Buildings and land; water, power, and communication infrastructure are already in place making this site perfect for either a Commercial owner/ user or an Investor looking to get in on the development of this flourishing Area. Subject property is in close proximity to countless retail tenants, Educational Institutions, and newly renovated and constructed condos and residential neighborhoods. This gem of an Investment will not last long on the market. Call Today for additional property details. AREA DESCRIPTION Subject is located in an excellent growth market, directly on US Hwy 441 S. and is approximately 1.5 miles East of the AdventHealth Waterman Hospital and the Veteran’s Out- Patient Clinic. This property not only offers great visibility, it also offers excellent signage and can benefit from the more than 58,500 VTD along the US Hwy 441 S. corridor. Here is an outstanding chance to build a brand- new Commercial Development scheme that parallels the up and coming Planned Development that is happening throughout Eustis. There is Office, Restaurant and Retail Commerce located within a direct radius of this property. Also, the subject is within minutes of City Hall in Historic Downtown Eustis making it convenient enough to serve the current demographics in the area well. This area is a high- energy Business & Retail District and is also a great place to invest, relocate or expand. Call today and get in on the development of the Eustis area today!!!
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Exterior Description: PROPERTY FEATURES • 1.85 Acres • Extraordinary land development opportunity site totaling 80,765 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development • Signalize Intersection • Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19 • Level, high and dry topography with all utilities to the site • This area is experiencing an extremely high influx of new and redevelopment Commercial growth • Highest & Best Use: Commercial Redevelopment- New Construction FCG is pleased to present an opportunity to acquire and re-develop a Commercial land site in Eustis, FL. Subject consists of approximately 1.85 Acres which also includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF- these buildings may be torn down for maximum use of the site which is situated directly on US Hwy 441 S. and immediately West of State Route 19/ S. Bay Street. GENERAL Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 Acres of Land, comprised of 3 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780’ of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user. Call today for additional property details. PROPERTY BROKERS- Seller is calling ALL Developers, Investors, Contractors and Builders. Come view this INCREDIBLE DEVELOPMENT OPPORTUNITY!!! Located within a qualified HUBZone, business tax incentives are available to tenants that lease in this designated area. As a result, Retail, Restaurant, Office or Distribution may do well here. This Lake County property is a 1.85 acre assemblage of CG zoned land and consists of 3 parcels and 2 commercial structures that may be leased for immediate income or torn down for future development. Sale Includes a 23,086 SF corner parcel to include a 2,270 SF Restaurant, a 13,939 SF interior parcel to include a 1,508 SF Medical Office and a 43,739 SF parcel that is cleared, high and dry. Measuring over 84,543 SF of Commercial Buildings and land; water, power, and communication infrastructure are already in place making this site perfect for either a Commercial owner/ user or an Investor looking to get in on the development of this flourishing Area. Subject property is in close proximity to countless retail tenants, Educational Institutions, and newly renovated and constructed condos and residential neighborhoods. This gem of an Investment will not last long on the market. Call Today for additional property details. AREA DESCRIPTION Subject is located in an excellent growth market, directly on US Hwy 441 S. and is approximately 1.5 miles East of the AdventHealth Waterman Hospital and the Veteran’s Out- Patient Clinic. This property not only offers great visibility, it also offers excellent signage and can benefit from the more than 58,500 VTD along the US Hwy 441 S. corridor. Here is an outstanding chance to build a brand- new Commercial Development scheme that parallels the up and coming Planned Development that is happening throughout Eustis. There is Office, Restaurant and Retail Commerce located within a direct radius of this property. Also, the subject is within minutes of City Hall in Historic Downtown Eustis making it convenient enough to serve the current demographics in the area well. This area is a high- energy Business & Retail District and is also a great place to invest, relocate or expand. Call today and get in on the development of the Eustis area today!!!
Parking Type: Surface
Interior Description: PROPERTY FEATURES • 1.85 Acres • Extraordinary land development opportunity site totaling 80,765 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development • Signalize Intersection • Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19 • Level, high and dry topography with all utilities to the site • This area is experiencing an extremely high influx of new and redevelopment Commercial growth • Highest & Best Use: Commercial Redevelopment- New Construction FCG is pleased to present an opportunity to acquire and re-develop a Commercial land site in Eustis, FL. Subject consists of approximately 1.85 Acres which also includes two commercial buildings, one measuring 1,508 SF and the other 2,270 SF- these buildings may be torn down for maximum use of the site which is situated directly on US Hwy 441 S. and immediately West of State Route 19/ S. Bay Street. GENERAL Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 Acres of Land, comprised of 3 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780’ of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user. Call today for additional property details. PROPERTY BROKERS- Seller is calling ALL Developers, Investors, Contractors and Builders. Come view this INCREDIBLE DEVELOPMENT OPPORTUNITY!!! Located within a qualified HUBZone, business tax incentives are available to tenants that lease in this designated area. As a result, Retail, Restaurant, Office or Distribution may do well here. This Lake County property is a 1.85 acre assemblage of CG zoned land and consists of 3 parcels and 2 commercial structures that may be leased for immediate income or torn down for future development. Sale Includes a 23,086 SF corner parcel to include a 2,270 SF Restaurant, a 13,939 SF interior parcel to include a 1,508 SF Medical Office and a 43,739 SF parcel that is cleared, high and dry. Measuring over 84,543 SF of Commercial Buildings and land; water, power, and communication infrastructure are already in place making this site perfect for either a Commercial owner/ user or an Investor looking to get in on the development of this flourishing Area. Subject property is in close proximity to countless retail tenants, Educational Institutions, and newly renovated and constructed condos and residential neighborhoods. This gem of an Investment will not last long on the market. Call Today for additional property details. AREA DESCRIPTION Subject is located in an excellent growth market, directly on US Hwy 441 S. and is approximately 1.5 miles East of the AdventHealth Waterman Hospital and the Veteran’s Out- Patient Clinic. This property not only offers great visibility, it also offers excellent signage and can benefit from the more than 58,500 VTD along the US Hwy 441 S. corridor. Here is an outstanding chance to build a brand- new Commercial Development scheme that parallels the up and coming Planned Development that is happening throughout Eustis. There is Office, Restaurant and Retail Commerce located within a direct radius of this property. Also, the subject is within minutes of City Hall in Historic Downtown Eustis making it convenient enough to serve the current demographics in the area well. This area is a high- energy Business & Retail District and is also a great place to invest, relocate or expand. Call today and get in on the development of the Eustis area today!!!

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,871 34,056 66,936
Median Age: 44.67 45.7 47.47
Households: 3,037 14,486 28,718

Contact

Photograph of Listing Agent

Tina Marie Eloian, CCIM

Florida Commercial Group CE-FL Member
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