104-118 Us Highway 27 S Local commercial 973 m² 75 % Loué À vendre Avon Park, FL 33825 1 051 464 € (1 080,88 €/m²)

VALUE-ADD RETAIL + SELF-STORAGE REDEVELOPMENT OPPORTUNITY – PRIME US-27 FRONTAGE Rare chance to acquire a high-visibility commercial property along US-27 in Avon Park with exceptional redevelopment upside. The property currently features a 5,670 SF retail strip center fronting US-27, a 3,198 SF secondary building, and an 875 SF apartment, offering immediate income with significant repositioning potential. The proposed redevelopment concept transforms the property into a modern hybrid retail + self-storage facility, capitalizing on strong highway exposure and growing demand for climate-controlled storage. The concept includes 5 renovated retail suites along US-27, second-floor climate-controlled storage (~5,000 SF) above the retail, a signature tower/parapet feature visible from the highway, three neighborhood retail suites in the rear building, and a secure drive-up mini-storage courtyard (approx. 60–70 units) positioned behind the buildings. This configuration creates a diversified income property with multiple revenue streams from retail, climate storage, drive-up storage, and residential rental. Based on market rents and the proposed layout, the stabilized redevelopment scenario indicates the potential for significant income growth and value creation compared to the current under-market rents and vacancy.Upside Potential Proforma 8%+- Cap Rate /$214k+- NOI;Ideal buyers may include: 10 Federal Storage, Absolute Storage Management, Out O’ Space Storage, Prime Storage Group or Independant Operator affiliated with UHaul. Current below market rate tenants including a hair salon, pet store, nail salon, Bingo parlor,etc. Buyer to verify all information and perform independent due diligence.
Directions: From Hammock Road take US 27 north to Avon Park to the property on the left this is a multi colored building. From Avon Park take Main Street to US 27 turn left and property will be on the right. Current tenants including a hair salon, pet store, nail salon, Bingo Parlor plus other great tenants.