Off Market Commercial Office or Salon in Central FL!

About this property

Off-Market Commercial Office or Salon in Central FL! Retail Storefront w/ Strong Cash Flow/Income Potential! 418 N 7th St., Haines City, FL 33844 PRICE: $249,000 ARVE: ~$690,000 (at 35% expense ratio & 7% cap rate) Potential Cash Flow: ~$4,030/month ($6,200 gross rents less 35% expenses) PHOTOS: CLICK HERE Cross-streets: Main St & Railroad Ave Building Size: 2,500 s.f. Lot Size: 9,993 s.f. Year Built: 1945 APN / County: 27-27-29-783000-051130/ Polk County Zoning: RM Property Class: Commercial Property Type: Retail Stores (Personal Services, Photography, Travel) Property Highlights: Retail Storefronts with Big Potential in downtown Haines City, FL Can have a retail store, plus 6 salon suites. Or convert to another purpose. Kitchen + 3 Baths + multiple rooms. Plenty of Parking: ~11 spaces + extra parking nearby. With RM zoning, could be converted to a PadSplit-type model. Was operating as a Hair Salon and a store (sold wigs, etc.); previously was a Shoe store. Was producing approximately $5,000/month in rental income. Requires $$ to remodel it for your purpose, but Cap Rate will be Strong once rented! New Income Potential: $175/week x 4 weeks x 6 Salon Chairs = $4200/mo + $2000 for retail space = $6,200/mo. No HOA! Ideal for passive investors or owner-operators looking to start a new business, or expand/relocate their existing business. Strong upside with multiple income streams available. Access Details: By Appointment Text or Call Britni at (949) 836-1414 to schedule a walkthrough!

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