1.85 Acres :: US Hwy 441 S :: Zoned CG :: HUBZone

0 US Hwy 441 S Eustis, FL 32726

0 US Hwy 441 S, Eustis, FL, 32726
0 US Hwy 441 S, Eustis, FL, 32726 0 US Hwy 441 S, Eustis, FL, 32726 0 US Hwy 441 S, Eustis, FL, 32726 0 US Hwy 441 S, Eustis, FL, 32726 0 US Hwy 441 S, Eustis, FL, 32726 0 US Hwy 441 S, Eustis, FL, 32726 0 US Hwy 441 S, Eustis, FL, 32726 0 US Hwy 441 S, Eustis, FL, 32726
FOR SALE
Property Type:
Street Retail
Amount:
$2,400,000
Last Verified:
Sep 16, 2024

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Highlights

  • 1.85 Acres (total 2 parcel portfolio)
  • Extraordinary land development opportunity site totaling 80,585 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development
  • Signalize Intersection
  • Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19
  • Level, high and dry topography with all utilities to the site
  • This area is experiencing an extremely high influx of new and redevelopment Commercial growth
  • Highest & Best Use: Commercial Redevelopment- New Construction
  • Parcel A (1.13 acres) and Parcel B (.72 acres) may be purchased individually

Description

Location, Location, Location! Here is an Extraordinary Opportunity to purchase 1.85 acres of Land, comprised of 2 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in a qualified HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings: a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts over 700’+ of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user. Call today for a property brochure.

Located directly on US Hwy 441 S., and Kurt Street at a lighted intersection and approximately ½ mile West of S. Bay Street/ State Route 19, this property not only offers great frontage, it also offers excellent signage and access and can benefit from the more than 58,500 vehicles that travel daily between N. Duncan Drive and S. Bay Street. There are countless long- standing Restaurants and Retail Commerce- all located within a direct radius of this property. Also, the Florida Hospital and the Veteran’s Clinic are just up the road to the West 1½ miles. Historic Downtown Eustis sits just 2 ½ miles North of this property and Orlando International Airport and Interstate 4 are only a 1- hour commute away. This area is steadily growing with new development in every direction. Call for details today and get in on all the happenings that Eustis has to offer!

Building Size: 3778sq ft
Lot Size: 1.85 acres


Documents

Vertical Flyer Sale (NEW)
Offering Memorandum (L) (NEW)

Map of 0 US Hwy 441 S, Eustis, FL, 32726

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.