Lakeland, FL 33801,705 E ORANGE ST

$749,000

$795,000

5.8%
Est.Price: ?

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Est. payment /mo

3,770 SqFt


SOLD DATE : 06/09/2021

Key Details

Sold Price $749,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,770 sqft

Price per Sqft $198

Subdivision Mortons Add

MLS Listing ID O5918501

Sold Date 06/09/21

Construction Status Financing,Inspections

HOA Y/N No

Year Built 1901

Annual Tax Amount $5,228

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 90 x 150

Property Description

One or more photo(s) has been virtually staged. JOHN SADRI & COMPANY IS PROUD to represent this award-winning office building in the heart of beautiful downtown Lakeland across from Hollis Garden, Lake Mirror, and Barnett Family Park. The building which in essence was reconstructed in 2008 and went through massive renovation, boasts the original and striking heart pine flooring, 9 office suites with high ceilings, an over-sized conference room, a lobby/reception area, 4 bathrooms, 4 fireplaces, a spacious break room, and 12 parking spaces with more public parking spaces available nearby. Ideal for a law firm, a med spa, a real estate or insurance company, or any other professional office, or for investment. Bed & Breakfast with open kitchen a possibility. The property was leased to a non-profit organization for the last ten years and the last annual gross rental income was about $74,000. SELLER IS ALSO OPEN TO LONG TERM LEASE. Building & monument SIGNAGE possible. Location Overview: The property is located in the Garden District of Lakeland, overlooking the beautiful Lake Mirror and Barnett Family Park. This location is also minutes away from Lake Hollingsworth, downtown Lakeland, and Florida Southern College which is a masterpiece of renowned architect, Frank Lloyd Wright. Lakeland is a thriving and fast-growing city about an hour away from two major metropolitan cities of Tampa & Orlando. Seller may consider long term lease.

Location

State FL

County Polk

Community Mortons Add

Zoning MF-22

Interior

Heating Central

Cooling Central Air

Flooring Other

Exterior

Community Features Activity Core/Center, Curbs, Sidewalks

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby

View Y/N 1

Building

Lot Description Oversized Lot, Street Lights

Story 2

Foundation Crawlspace

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

Sewer Public Sewer

Structure Type Wood Frame,Wood Siding

New Construction false

Construction Status Financing,Inspections

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by JOHN SADRI & COMPANY
Bought with JOHN SADRI & COMPANY
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