Commercial $ 490,000

5053 SE ABSHIER BLVD BLVD

Belleview, FL 34420

  • 3,680 SqFt
  • 0.39 Lot Size
  • 1977 Year Built
Belleview Plaza presents an exceptional opportunity to acquire a fully leased, multi-tenant neighborhood retail center with stable in-place income and immediate upside potential. The property consists of four units occupied by a complementary mix of service-oriented tenants, making it a resilient asset in a growing Central Florida corridor. The center is currently fully occupied, generating consistent cash flow with a Net Operating Income (NOI) of approximately $32,639 annually. Each unit is separately metered for electric, with tenants responsible for their own usage, while ownership maintains minimal expense obligations, contributing to efficient operations and predictable overhead. A key highlight of this offering is the below-market rental structure, which creates a compelling value-add opportunity for investors. Rental rates can be increased over time to align with market levels, offering the potential to enhance returns and overall asset value without the need for significant capital improvements. Strategically positioned along SE Abshier Blvd, the property benefits from strong local traffic, easy accessibility, and proximity to surrounding residential neighborhoods, supporting long-term tenant stability.
Listed by EXP REALTY LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Mixed Use

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 680 sqft

    Price per Sqft $133

    Subdivision Hls Sub

    MLS Listing ID G5111455

    HOA Y/N No

    Year Built 1977

    Annual Tax Amount $5,806

    Lot Size 0.390 Acres

    Acres 0.39

    Lot Dimensions 100.0 ft x 170.0 ft

    Property Sub-Type Mixed Use

    Source Stellar MLS

  • Location

    State FL

    County Marion

    Community Hls Sub

    Area 34420 - Belleview

    Zoning B-4 REGIONAL BUSINESS

  • Building

    Story 1

    Entry Level One

    Foundation Slab

    Lot Size Range 1/4 to less than 1/2

    Sewer Public Sewer

    Water Public

    Structure Type Block,Concrete

    New Construction false

  • Interior

    Heating Electric

    Cooling Central Air

    Flooring Vinyl

  • Exterior

    Roof Type Built-Up

  • Others

    Ownership Fee Simple

    Acceptable Financing Cash, Commercial Financing, Other

    Listing Terms Cash, Commercial Financing, Other

    Special Listing Condition None

    Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5111455

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