3435 Recker Hwy, Winter Haven, FL 33880

5,490 SF Specialty Building Offered at $1,650,000 at a 2.29% Cap Rate in Winter Haven, FL 33880

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,650,000

Property Type
Specialty
Square Feet
5,490 SF
Price / Square Foot
$301

Listing Contacts

Christopher Taddei
Christopher Taddei
Verified Profile
  • Property Info

Property Overview

Welcome to 3435 Recker Highway, a prime commercial property that seamlessly combines a lucrative lease agreement with comprehensive renovations, making it an exceptional investment opportunity. Currently leased for $3,500 a month with three years remaining on the lease, this property promises a steady and reliable income stream.
The entire property has undergone an extensive remodeling, showcasing a commitment to modernity and functionality. From brand-new fences to meticulously rebuilt offices, every detail has been carefully considered. The property boasts a new HVAC system, updated wiring, and renovated bathrooms, ensuring a contemporary and comfortable environment.
The warehouse, encompassing a generous 5,900 square feet, has been thoughtfully updated to meet the highest standards. Additionally, the inclusion of 650 square feet of office space, featuring two offices, a reception area, and a well-appointed bathroom, further enhances the property's versatility.
Noteworthy improvements extend to the installation of a new water well, complete with a water filtration system, ensuring a sustainable and efficient water supply.
This property is not only an attractive income-generating asset but also a testament to modern design and functionality. Whether you're looking to expand your commercial portfolio or secure a property with a promising lease agreement, 3435 Recker Highway stands as a testament to the perfect blend of financial prudence and contemporary appeal. Don't miss the opportunity to make this exceptional property a valuable addition to your investment portfolio.

Property Details

Year Built/Renovated
1963/2021
Stories
1
Lot Size (sq. ft)
40,075 SF

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