119 Allamanda Dr, Lakeland, FL 33803 | For Sale

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For Sale $575,000 ($243.13 per Sq Ft)

$575,000 ($243.13 per Sq Ft)
  • (0)
  • Units
  • 2,365 Sq Ft
  • 2,448 Sq Ft
  • Unknown Cap Rate

Description

Investor or potential owner/user opportunity.

Located just off of South Florida Ave near Southgate Shopping Center, we are pleased to present this fully leased retail/office building on Allamanda Drive.

Comprising 2,150 SF, the property currently collects $44,000 per year in rent PLUS another $6,400 in yearly expenses charged back to the tenants.

Each space is approx. 1,075 SF - the current tenants are a mattress retailer and pet groomer. The pet groomer has a front reception area, with a separate grooming area just off of the reception area. The remaining area is a work space, pet holding room, laundry, office and bathroom. The mattress retailer space is open by appointment, with flex offices and a bathroom in the rear of the space.

The property is zoned C-2, City of Lakeland. This zoning allows for a wide variety of uses, including retail, office, restaurant and many others.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $575,000
Property Type Retail
Usable Sqft 2,365
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1953
Last Sold Unknown
Sold Price Unknown
APN # 242830254800010161
MLS # O6290664
Property ID 301390123
Lot Sqft 2,448
Zoning C-2
Days on Market 280
Original List Price $575,000
Date Updated June 05, 2025
Date Created March 17, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Craig Morby an agent of . Lic #3152384


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of June 05, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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