Listing by: David Hitchcock, SVN SAUNDERS RALSTON DANTZLER

0 Beds

n/a Full bath

4,464 SqFt

Active

At the 3 way intersection of Lake Beulah, Main Street, and Sloan Avenue North, and just behind the newly renovated RP Funding Center. This property has a great deal of unrealized potential, for with a new operator and a little TLC would go a very long way here. There are two fuel tanks on-site, one is a 6,000-gallon metal and fiberglass doublewalled tank for premium, which was installed in January of 2007, and the second tank is a 10,000-gallon tank, for unleaded regular. This tank was installed by the previous owner in 1996 / 1997. Also, the property is operating without a gasoline contract in place, with Harbor Petroleum supplying the fuel. The current month-to-month tenant is not required under his lease to provide any back-up to any of his reported sale figures. He is paying $3,000 per month in rent, reports $34,000 to $35,000 in monthly store sales, and says that he is selling 3,500 gallons of fuel on average each month, he goes on to say that the lottery profits are about $1,500 per month and that he is subleasing the deli for $700 per month. At the 3 way intersection of Lake Beulah, Main Street and Sloan Avenue North, and just behind the newly renovated RP Funding Center (which recently completed $14,000,000 worth of renovations) and it is also in very close proximity to the under construction $180,000,000, 168 acre Bonnet Springs Park. And just across Lake Beulah is the Second Phase of Twin Lake Estates with a 132 new apartment units, and when Phase 3 is fully completed will total to 320 units of affordable housing. Also completed just around the corner is the new 126 room Springhill Suites hotel. The City has just approved $250,000 for the new Roundabout, to replace the nearby lighted intersection.

Property Details
Price $799,000
Lot Size Area Units Square Feet
Acres 0.53
Property Type Commercial
Sub type Retail
MLS Sub type Retail
Year Built 1962
Subdivision LAKE BEULAH ADD
Foundation Slab
Lot Description Central Business District
Geographic Data
Directions From Florida Ave in Lakeland take West Main Street .7 miles. the property will be on the left.
County Polk
Latitude 28.04241
Longitude -81.968726
Market Area 33815 - Lakeland
Address Information
Address 117 LAKE BEULAH DRIVE, LAKELAND, FL 33815
Postal Code 33815
City LAKELAND
State FL
Country United States
Listing Information
Listing Office SVN SAUNDERS RALSTON DANTZLER
Listing Office Phone 863-648-1528
Listing Agent David Hitchcock
Listing Agent Phone 863-557-0082
Special listing conditions None
Ownership Sole Proprietor
MLS® Information
Days on market 31
MLS® Status Active
Listing Date Jan 28, 2022
Listing Last Modified Mar 3, 2022
Tax ID 23-28-13-064500-003080
Tax Year 2021
Tax Annual Amount 6134
MLS® Area 33815 - Lakeland
MLS® # O6000178

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