Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
5,500 SF
Price / SF
$355
Year built
1930
The offering
Multi-Use Property with Brand New Restaurant & Strong Rental Income ($8,000/month)! Incredible opportunity to own a versatile multi-use building featuring a brand new, fully installed restaurant that has never been used - ready for immediate operation or customization to your concept. The property also includes three residential units generating solid income: 3-bedroom unit: $2,800/month, 2-bedroom unit: $1,700/month, attic apartment: $1,400/month, all with separate electric meters. All tenants are currently on month-to-month leases, offering flexibility for future adjustments or redevelopment. Ideal for investors or owner-operators looking to run a business while benefiting from multiple income streams. This property combines turnkey commercial space with reliable residential rental potential.
Building & site
Interest conveyedFee simple
Gross building area5,500 SF
Building typeOther
Property typeOther
Year built1930
WaterPublic
SewerPublic Sewer
HeatHot Water, Oil
Tax parcel55540015.19-1-26
Electric utilityCon-Edison
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2025 taxes
$21,000
Assessed value
$14,500
Land assessment
$1,950
Full market value
$0
Owner of record
BARONE, SALVATORE
School district
Lakeland
Property class
483
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.