904 - 910 Magnolia Ave, auburndale, FL

Multi-Use for Sale - $950,000


Agent Info

Maria Mahoney
The Mahoney Group

Property Info

CIMLS#1050382
Location
  904 - 910 Magnolia Ave
  auburndale FL 33823
UpdatedJune 30th, 2020
TypeMulti-Use
Price$950,000

Attached Documents


Contact


Property Description

Identification: Bridgeview Plaza

Property Address: 904 – 910 Magnolia Avenue, Auburndale, Florida 33823

Property Location: Located NW corner US Highway 92/Magnolia Avenue and Ariana Avenue, just blocks West of Downtown

Auburndale (Main Street), on major East / West commercial corridor.

Type Property: Commercial Plaza – Retail/Office Strip Center.

Size Property: 1.20 acres (52,272 + SF) – irregular shaped parcel with approx. 310’ on US 92/Magnolia Avenue

Size Building: 12,900 SF building, steel construction, built in 1983. Divided into several units for retail, office & warehouse.

Features: Storefront glass façade with covered walkway. Signage on façade – Ample parking.

Property Condition: Building was fully renovated in 2018 to include:

**Complete new roof system ** new steel decking ** stucco building exterior ** new façade design

with 3 prominent features of steel face and stucco columns ** new soffit with new lighting under

canopy ** new paint building interior and exterior ** new irrigation ** new sod ** new paving.

Renovations also included interior of Suites 904, 906A, 908 and 910. Suite 906 is partially finished.

Land Use/Zoning: Primary Activity Center/C-3 City of Auburndale, Florida

Utilities: Electric: Tampa Electric Company – Municipal water and sewer.

Ad Valorem Taxes: $7,727.63 Year 2018 - Property Folio: 25-28-10-322000-000093, Polk County

Sale/Purchase Price: $950,000.00 ($73.64/SF). Pro-Forma upon prospect registration.

Comments: Excellent investment opportunity. Prime location. Established tenants.

Contact: Maria Mahoney, Florida Licensed Real Estate Broker 863) 619-6740.



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