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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

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed

Friends & Family

Listing courtesy of ADVANTAGE REALTY 1 (863) 273-0145

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-06 11:12 PM EST

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