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715 Lynch Avenue715 Lynch Avenue
  • MLS#: G5102993 ( Commercial Sale )
  • Street Address: 715 Lynch Avenue
  • Viewed: 74
  • Price: $150,000
  • Price sqft: $190
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 790
  • Days On Market: 185
  • Additional Information
  • Geolocation: 28.804 / -81.8886
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34748
  • Subdivision: Leesburg Clearview Terrace
  • Provided by: CARLINO REAL ESTATE GROUP INC
  • Contact: Jonathan Martin
  • 352-326-2662
  • mfrmls
  • DMCA Notice
  • Description
    This unique property offers a rare combination of residential and commercial potential uses, situated in a highly desirable location just off Highway 27. It features a 2 bedroom, 1 bathroom home along with an additional 0.10 acre vacant lot, both benefiting from C 3 commercial zoning. Currently utilized as a residential income property with a tenant in place, the existing home provides immediate rental revenue. The versatile C 3 commercial zoning, which permits a wide array of commercial uses presents an exceptional opportunity for investors or owner operators looking to establish a business in a thriving area. The strategic location offers excellent accessibility, being close to downtown Leesburg and several local schools. This proximity ensures a steady flow of potential customers or clients, making it ideal for various commercial ventures such as retail, professional offices, or service oriented businesses, all subject to permitted uses under C 3 zoning regulations. Whether you envision developing the vacant lot, repurposing the existing home for commercial use, or continuing to benefit from its residential income stream while holding for future development, this property provides remarkable flexibility and growth potential in a rapidly developing area.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. LEESBURG CLEARVIEW TERRACE LOT 14 BLK C PB 8 PG 3 ORB 6255 PG 561
Living Area
  1. 750.00
Area Major
  1. 34748 - Leesburg
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 27-19-24-0400-00C-01400
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Tax Year
  1. 2024
Township
  1. 19
Views
  1. 74
Year Built
  1. 1948
Zoning Code
  1. C-3