Commercial Sale Property - Retail in Mulberry
Listing Price: $460,000
Description of Property
*The sale DOES NOT include the business nor the equipment displayed in the pictures. This will be a sale of the commercial building and the adjacent parcel. Also, please note that a successful transaction will also include a deed restriction for laundromat/coin laundry use. Welcome to 701 E Canal St., Mulberry, FL – a prime commercial property offering endless possibilities in a strategic location. This 3,140 SF building, nestled on 0.22 acres of land under C-2 zoning, stands ready to accommodate a variety of ventures. Previously operating as a laundromat, this versatile space is now available for your vision. The property boasts the potential for 16 parking spaces across two parcels, providing convenience for both customers and employees. The building's appeal is enhanced by a recent 2022 roof installation, ensuring a worry-free ownership experience with minimal capital expenditures in the foreseeable future. This significant improvement adds tremendous value and security for any new owner. Strategically positioned along E Canal St., a main artery within Mulberry city limits, the property enjoys a robust daily traffic flow of 23,000 vehicles. This high visibility makes it an ideal spot for a restaurant or any retail business seeking exposure to a broad audience. Surrounded by established businesses such as the Marathon gas station to the west and Carter's BBQ to the east, the property opens up collaborative opportunities with a range of neighboring enterprises. The diverse landscape of nearby businesses creates an environment where your venture can thrive and complement the existing local offerings. Notably, the City of Mulberry has acquired adjacent land on the north side of E Canal St. with confirmed plans to build their new headquarters. This strategic development aligns perfectly with the property, promising increased foot traffic and potential collaboration opportunities for any business occupying this space. In summary, 701 E Canal St. presents a unique opportunity for entrepreneurs and businesses looking to capitalize on a well-maintained, strategically located commercial space with a proven track record and exciting prospects for the future. Don't miss the chance to make this property the foundation for your next successful venture.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Mulberry
County: Polk
Subdivision: Mulberry Heights
Sq. Ft. Gross: 3,140
Sq. Ft. Living Area: 3,140
Cost per (heated) sqare foot: $146
Year built: 1944
Annual Tax: $2,510
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Ceiling Height: 10 to 15 Feet
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block, Concrete
Foundation: Slab
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Cooling: Central Air
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Lot Information
Lot Features:
Lot Size (acres): 0.22
Lot Size (sq. ft.): 4,700 square feet
Road Frontage: Business District, County Road, Main Thoroughfare
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Legal Description & Other Information
Parcel Number: 233001142480003040
Zoning: C-2
Tax Legal Desc.: MULBERRY HTS PB 26 PG 26 S1/12 T30 R23 BLK 3 LOT 4 LESS HWY R/W
Listing courtesy of R KOMMERCIAL GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.