Commercial $ 474,000

61 N CENTRAL AVE

Umatilla, FL 32784

  • 3,921 SqFt
  • 3,920 Lot Size
  • 1941 Year Built
Positioned in the heart of downtown Umatilla, this versatile mixed-use property presents a strong income-producing opportunity with both residential and commercial components. The second-floor features three well-maintained 1-bedroom, 1-bath apartments, all updated with interior paint and remodeling completed in 2015, offering comfortable living spaces ideal for steady rental income. The ground floor is currently configured as a salon/hair studio, with excellent visibility and storefront presence. The layout provides flexibility to accommodate a single user or be demised into two separate commercial units, each with its own entrance and display windows ideal for retail or service-oriented tenants. Additional value is found at the rear of the property, where a detached garage offers potential for supplemental rental income or on-site storage. Parking is conveniently available both curbside and behind the building. Capital improvements include a roof replacement in 2014, along with new gutters and downspouts, and exterior stucco and paint completed in 2015—reducing near-term maintenance concerns. With its central location, multiple income streams, and adaptable layout, this property represents an excellent opportunity for investors or owner-users seeking a foothold in a growing downtown market.
Listed by EXP REALTY LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Multi-Family 5+

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 921 sqft

    Price per Sqft $120

    Subdivision Umatilla Yanceys Add

    MLS Listing ID G5111453

    HOA Y/N No

    Year Built 1941

    Annual Tax Amount $6,329

    Lot Size 3,920 Sqft

    Acres 0.09

    Property Sub-Type Multi-Family 5+

    Source Stellar MLS

  • Location

    State FL

    County Lake

    Community Umatilla Yanceys Add

    Area 32784 - Umatilla / Dona Vista

    Zoning C-1

  • Building

    Foundation Block

    Lot Size Range 0 to less than 1/4

    Structure Type Block

    New Construction false

  • Interior

    Cooling Central Air, Wall/Window Unit(s)

  • Exterior

    View Y/N No

    Water Access No

  • Others

    Ownership Fee Simple

    Acceptable Financing Cash, Commercial Financing

    Listing Terms Cash, Commercial Financing

    Special Listing Condition None

    Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5111453

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