SoldRetailSold
614 Us 27 S
Lake Placid, FL 33852
$1,029,000
- 7,840Sq Ft
- $131Per Sq Ft
- 0.89Acres
- 1984Built
- County
- Highlands
- MLS®
- L4945106
Overview
Exceptional Commercial Opportunity! This 11,760+/- SF prime retail space is situated in the most lucrative business hub of Lake Placid. A Pro Forma Cap Rate of 7.5%, this currently vacant facility was previously utilized as a motor sports sales center, catering to renowned brands such as Honda, Yamaha, Polaris, and more. This property boasts a substantial 7,600+ SF showroom with generous 11ft ceilings, two private cubicle offices, and two public restrooms. Towards the rear of the premises, you'll find a spacious 3,354+/- SF workshop, complete with a service manager's office, break room, security room, and a private 10x16 manager's office. The convenience of 9x9 roll-up doors at both the front and back ensures effortless access for vehicles, deliveries, and more. Behind the building is approximately 10,000sf +/- gated and fenced paved yard for storage, big repairs and/or deliveries with direct access via Wirick Rd. This versatile space is not limited to motor sports; it's an ideal location for a golf cart store, distribution center, or automotive sales and service. Moreover, the property can be customized to suit various business needs, such as urgent care facilities, professional offices, and much more. Don't miss out on this incredible commercial opportunity in a highly sought-after business district! Owner financing available with 25% down.
Listing Snapshot
- Price
- $1,029,000
- Days On Site
- N/A
- Bedrooms
- N/A
- Inside Area (SqFt)
- 7,840 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.89 Acres
- Year Built
- 1984
- MLS® Number
- L4945106
- Status
- Sold
- Property Tax
- $11,717 (2023)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
5 items
- Acres
- 0.89
- Foundation
- Slab
- Property Sub Type
- Retail
- SqFt Total
- 11,760
- Zoning
- C1
Interior Features
1 item
- Cooling
- Central Air, Zoned
Exterior Features
5 items
- Construction Details
- Block, Concrete, Stucco
- Exterior
- Storage
- Lot Features
- Interior Lot
- Road Frontage
- Highway
- Roof
- Built-Up
Community Features
4 items
- MLS Area
- 33852 - Lake Placid
- Township
- 37
- Financing Terms Available
- Cash, Conventional, Private Financing Available
- Roads
- Paved
Location
614 Us 27 S, Lake Placid, FL 33852 · 33852 - Lake Placid
Neighborhood & Commute
ZIP Code 33852
- Median household income
- $54,524
- Income per person
- $31,366
- Households
- 10,617
- Average household size
- 2.23
- Median age
- 51.7
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Closed







