Leesburg, FL 34748,210 W MAGNOLIA ST
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Leesburg, FL 34748,210 W MAGNOLIA ST
Leesburg, FL 34748,210 W MAGNOLIA ST
Leesburg, FL 34748,210 W MAGNOLIA ST
Leesburg, FL 34748,210 W MAGNOLIA ST

$1,425,000

Est. payment /mo

$1,700,000

16.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

210 W MAGNOLIA ST Leesburg, FL 34748

23,852 SqFt

SOLD DATE : 03/08/2024

Key Details

Sold Price $1,425,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 23,852 sqft

Price per Sqft $59

Subdivision Leesburg Wileys

MLS Listing ID O6133324

Sold Date 03/08/24

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1924

Annual Tax Amount $9,433

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 110x110

Property Description

Rare Gem Alert! Have you ever dreamed of owning almost an entire city block in the heart of downtown Leesburg? Well, the wait is over! The Butler Building, an exceptional mixed commercial and residential property, is now up for grabs, and it's a once-in-a-lifetime opportunity that you won't want to miss.

Prime Location: Nestled right in the bustling downtown area, The Butler Building offers an expansive city block, along with a generously sized vacant lot just across the street, primed for future development. This property's location is simply unbeatable, making it the perfect canvas for your visionary ideas.

Historic Charm, Modern Potential: Imagine owning a beautiful two-story building with a rich history and timeless architectural appeal. The first floor boasts around 11,000 square feet of versatile space, currently partially rented to Ellen's Cafe, and formerly home to Main Street Antiques. This is your chance to shape the future of this iconic space, either by keeping all the square footage for yourself or strategically leasing it for maximum returns.

Unlock the Second-Floor Potential: The second floor of The Butler holds endless possibilities. With plans already submitted and met with enthusiastic approval from the city, envision 12 stunning residential lofts that harmoniously blend historic charm with modern comfort. And guess what? The zoning is already in your favor, making your loft dreams a reality.

Proximity to Beacon College: Location matters, and The Butler Building is extremely close to Beacon College, making it an ideal spot for a dynamic mix of commercial and residential ventures. Your future residents or customers will appreciate the convenience and vibrancy of this central location.

Versatility Defined: This property offers a blank canvas for your imagination. Retail boutiques, trendy eateries, charming cafes, vibrant nightlife spots, sleek offices, and chic residences – the possibilities are as vast as your vision. The nearly identical footprint on the second floor allows you to unleash your creativity without limits.

Vacant Lot Included: Wait, there's more! A full-price offer for The Butler secures the adjacent vacant lot as well. Imagine the potential of crafting your very own commercial and residential fusion, or use it for your private parking oasis – the choice is yours!

Seize the Moment! The Butler Building is a symbol of rare opportunity. Don't let this exceptional chance slip through your fingers. Whether you're an investor with an eye for potential, an entrepreneur ready to make your mark, or a visionary looking to shape the future of Leesburg, The Butler welcomes you to be a part of its story. Contact us today to explore this exclusive offering and make The Butler your own. Your future in downtown Leesburg awaits – grab it now before it's gone!

Location

State FL

County Lake

Community Leesburg Wileys

Zoning CBD

Interior

Heating Central

Cooling Central Air

Exterior

Utilities Available Electricity Available, Public, Water Connected

Waterfront false

Roof Type Membrane

Building

Lot Description Central Business District, Corner Lot

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Construction Status Inspections

Others

Ownership Corporation

Acceptable Financing Cash, Conventional, Trade, Lease Option, Private Financing Available

Listing Terms Cash, Conventional, Trade, Lease Option, Private Financing Available

Special Listing Condition None

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Stellar MLS
Listed by PARK PLACE REAL ESTATE
Bought with MAIN STREET REALTY & DEVELOP

Bobby Baldor

Broker Associate | License ID: BK3217257

+1(407) 342-6980

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