Address
138 W Hermosa STREET, LADY LAKE, FL
Price
$ 534,800
Property Attributes
  • MLS#G5072394
  • TypeCommercial
  • CountyLAKE
  • CityLADY LAKE
  • AreaLady Lake
  • NeighborhoodLady Lake
  • Zip32159
  • StyleMixed Use
  • Year Built1949
  • Taxes$ 2636
  • Price$ 534,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1524
  • Lot Size12,632 SqFt
Data Source:
Stellar MLS
Property Description

PRIME COMMERCIAL REAL ESTATE IN LADY LAKE FL! 27/441 Frontage is hard to come by these days. Add in having 2 buildings with great potential for future business/ lease ventures, the sky is the limit. The buildings need a little tlc but the value is in the land. With so many restaurants, businesses and multi-family dwellings being built in the surrounding area, this piece is a diamond in the rough. The future plans of Lady Lake are growing tremendously and this property is bound to be the next big thing. Building 1 is approximately 864 sq.ft. and was once used as a mechanic/towing business. There is 2 metal overhangs to help protect from sun exposure while working on vehicles, etc. Building 2 is approximately 600 sq.ft. and has been used as a boutique and office. Hwy 27/441 is being expanded for more lanes which means more traffic and potential business. Don't miss out on this opportunity! Call today. Sold "As IS"

Price History
8/28/2023 Listed $598,400
11/21/2023 11% - $534,800

General Features

Cooling Wall/Window Unit(s)
Roof Other
Zoning HC
Construction Materials Stucco,Wood Frame
Year Built 1949
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Other
County Lake
New Construction No
Property Type Commercial Sale
Subdivision Name LADY LAKE
Status Active
Directions North on 27/441. Right onto West Hermosa Street. Property immediately on right.
City LADY LAKE
Buyer Agent Compensation 2%
MLS Area 32159 - Lady Lake (The Villages)
Lot Size Square Feet 12683
Waterfront Y/N No
Street Name Hermosa
Tax Annual Amount 2636
Public Remarks PRIME COMMERCIAL REAL ESTATE IN LADY LAKE FL! 27/441 Frontage is hard to come by these days. Add in having 2 buildings with great potential for future business/ lease ventures,the sky is the limit.
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5072394
Days on Market 184
Standard Status Active
Tax Lot 55
Legal Description LADY LAKE N'LY 50 FT OF LOT 55,LOT 58--LESS FROM NE COR OF SEC 20-18-24 RUN N 89-55-43 W ALONG N BOUNDARY OF SEC 20 A DIST OF 499.35 FT TO CENTERLINE OF SR 500,N 25-44-24 W ALONG SAID CENTERLINE 1379
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Street Suffix STREET
Living Area Units Square Feet

Exterior Features

Lot Size Area 12683
Foundation Details Slab
Number of Buildings 2
Building Area Total 1524
Lot Size Acres 0.29
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32159

Price
AVG $1.11M
$530K
Taxes
AVG $8,831
$2,636
Visits
AVG 308
43
Data Provided by Inside Real Estate®
Year Built
AVG 1992
1949

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